UNITED STATES, WASHINGTON (OBSERVATORY) — The Central Bank of Egypt (CBE) announced the repayment of more than $ 25 billion of debts and interest on Egypt’s debt over the past two years, from the end of March 2017 to the end of March 2019.
The central bank said in its monthly report released on Wednesday that these debts are spread over $ 21 billion in debt repayments and about $ 5 billion interest paid.
During the first quarter of this year, $ 3.04 billion was repaid, with $ 2.1 billion in debt repayments and $ 946.6 million in debt interest.
An official source at the Central Bank told the Middle East News Agency earlier, that has been paid about 36.7 billion dollars of debt since the revolution of June 30, 2013.
This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.
OBSERVATORY NEWS — Breaking news source, real-time coverage of the world’s events, life, politics, business, finance, economy, markets, war and conflict zones.
Contact us: [email protected]
Stay connected with News Observatory and Observatory Newsroom, also with our online services and never lost the breaking news stories happening around the world.
We are NEWS OBSERVATORY — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes OBSERVATORY possible came from you.