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Egypt’s Defence Ministry Seeks $2.5 Billion in International Debt Markets for Infrastructure Projects

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  • Egypt’s Defence Ministry targets $2.5 billion in international debt for infrastructure
  • Severe dollar liquidity crisis precedes the central bank’s currency float

 

The Egyptian Ministry of Defense has actively pursued approximately $2.5 billion in international debt over the past two years to finance a series of infrastructure projects in the country, the Arab world’s most populous nation.

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