Egypt repaid $670m to Paris Club in July, another payment of same amount is expected to follow in January
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Governor of the Central Bank of Egypt Hisham Ramez told Reuters on Sunday that Egypt paid $700m of its debts to the Paris Club of creditor nations on 4 July. In January, Egypt paid another $700m of its debts to the Paris Club, an informal group of creditor nations made up the world’s top 20 …
The Paris Club is comprised of 19 developed economies.