EGYPT GOVERNMENT PLANS TO BORROW EGP 478.5BN TO FILL BUDGET DEFICIT

EGYPT GOVERNMENT PLANS TO BORROW EGP 478.5BN TO FILL BUDGET DEFICIT

Egypt Government making plans to borrow fund to fill budget deficit.

Egypt Government is planning to borrow EGP 478.5bn from the local market to fill their budget deficit. This fund will be use in the second quarter as the Finance Ministry plans to launch Treasury bill (T-Bill) and bond (T-Bonds).…

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TUNISIA RECEIVES US$245m AS PORTION OF IMF LOAN

TUNISIA RECEIVES US$245m AS PORTION OF IMF LOAN

Tunisia gets US$245 million loan installment from IMF

According to reports, the International Monetary Fund (IMF) have approved a loan installmental payment of US$245m to Tunisia. This approved sum is the fifth payment under the loan programme between IMF and the North African country.

The IMF loan programme will aid …

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