CBE: Egypt pays last installment of Qatari debt
Central Bank of Egypt
Cairo - MENA
Central Bank of Egypt (CBE) governor Tarek Amer said that Egypt had paid the last installment of its debt to Qatar.
Speaking to MENA, Amer said the CBE paid one billion dollars worth of the remaining debt to Qatar, whose Qatari National Bank had covered securities and bonds issued during the rule of deposed president Mohamed Morsi.
Amer reiterated that Egypt is committed to paying all its overseas debt, stressing it has never defaulted.
On Thursday, the CBE governor said Egypt would repay the last installment of the Qatari debt, along with 800 million dollars of its total 3.5-billion-dollar debt to Paris club.
- Monday ,27 March GMT 21:31 2017 Egypt to allocate 1pct of GDP for social protection programmes in 2017/18: Minister
- Tuesday ,28 February GMT 03:32 2017 Egypt's core inflation soars to a record 30.86 pct in January 2017
- Tuesday ,28 February GMT 03:23 2017 Egypt lowers customs dollar rate to EGP 16 until end of February
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GMT 21:31 2017 Monday ,27 March
Egypt to allocate 1pct of GDP for social protection programmes in 2017/18: MinisterGMT 03:32 2017 Tuesday ,28 February
Egypt's core inflation soars to a record 30.86 pct in January 2017GMT 03:23 2017 Tuesday ,28 February
Egypt lowers customs dollar rate to EGP 16 until end of FebruaryGMT 23:00 2016 Friday ,01 July
Egypt repaid $7bn to QatarGMT 21:04 2016 Sunday ,29 May
Muslim Brotherhood-run exchange company closed over currency speculation
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