Egypt has issued 3-year panda
bonds worth 3.5 billion yuan , the finance
ministry said on Monday, the latest in a string of less
conventional borrowings as it grapples with a mushrooming
foreign debt. -October 16, 2023 at 01:17 pm EDT
- MarketScreener
Egypt has been described as “too big to fail.” Hesitant to move the military out of the economy and without its traditional Gulf financial safety net, however, a further deterioration is possible.
As of February Egypt’s inflation sat at 32.9%. It has faced economic difficulties since the covid pandemic and the Russian invasion of Ukraine. Egypt has…
Եգիպտոսի նախագահը 30 տարվա ընթացքում առաջին անգամ այցելել է Իրաք yerkir.am - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yerkir.am Daily Mail and Mail on Sunday newspapers.