Egypt seeks to accelerate reduction in debt-service costs
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The Ministry of Finance said it was facing the challenge of high debt-servicing costs and working tirelessly to reduce them at a faster pace over the coming period.
In a statement following Moody’s upgrade of Egypt’s credit rating to B3 with a positive outlook, the ministry said economic and fiscal reforms had helped stabilise public finances, strengthen reserves and accelerate economic activity. It noted that the government was continuing to improve the business environment, facilitate and stre
In a statement following Moody’s upgrade of Egypt’s credit rating to B3 with a positive outlook, the ministry said economic and fiscal reforms had helped stabilise public finances, strengthen reserves and accelerate economic activity. It noted that the government was continuing to improve the business environment, facilitate and stre
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