Thu 02/22/2024 06:40 AM
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Relevant Documents:
$40B GMTN Base Prospectus
2026, 2031, 2061 Prospectus
2023/2024 Budget
(in Arabic)

Sovereign credit investors are pondering when the Arab Republic of Egypt will cave in to the severe pressure Cairo’s debt stack of $200 billion-equivalent is putting on the country’s budget.

Despite a range of unresolved macroeconomic challenges including sluggish growth and inflation at around 30%, Egypt’s...
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