Government plans to borrow EGP 1.983trn from local market in Q1 2025
The Egyptian government is set to borrow EGP 1.983trn from the local market during the first quarter of 2025 to meet previous debt obligations and finance the state’s budget deficit. According to a plan released by the Ministry of Finance,
CBE receives 28 offers worth €922.8m to cover local euro-denominated T-bills issuance
The Central Bank of Egypt (CBE) received 28 offers worth €922.8m to cover an issuance of local treasury bills denominated in the European currency. CBE launched a tender worth €600m on Monday, on behalf of the Ministry of Finance,