CBE pays $7.154 bln in debts for Egypt
The Central Bank of Egypt (CBE), on behalf of the Egyptian government, paid about US$7.154 billion by the end of the second quarter of 2022/2023, representing installments and interests for outstanding debts.
The CBE’s statistical bulletin showed that the debt burden service was divided into paid installments of $5.843 billion, and paid interest of $1.311 billion.
From July to December 2022 the value of paid interest and installments amounted to $11.9 billion, divided into $4.784 billion during the first quarter and $7.154 billion during the second quarter.