Egypt Will Meet all its Financial Obligations On Time; Says Madbouly

by Nada Khaled

Egyptian Prime Minister Moustafa Madbouly reassured international markets about the sustainability of Egypt’s debt amid concerns among some investors that Egypt faces a rising risk of default.

He noted in televised statements (watch, runtime: 29:40) that Egypt’s economy is “doing well” amid the global crises and is capable of fulfilling its financial obligations.

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