Egypt repaid $670m to Paris Club in July, another payment of same amount is expected to follow in January
Latest in Tag: Paris Club Highlight
Latest in Tag: Paris Club
March’s figures compare to June 2014, where debt amounted to $46.1bn
International foreign reserves jumped to $20.5bn at the end of April 2015, compared to $15.29bn in previous month
Decline mainly due to the repayment of accrued deposits to Qatar, claims economist
Governor of the Central Bank of Egypt Hisham Ramez told Reuters on Sunday that Egypt paid $700m of its debts to the Paris Club of creditor nations on 4 July. In January, Egypt paid another $700m of its debts to the Paris Club, an informal group of creditor nations made up the world’s top 20 …
The Paris Club is comprised of 19 developed economies.