Egypt in talks with AIIB and AfDB for Panda bond guarantee

Region:

Middle East & Africa

By Ralph Ivey

Egypt is in talks with the Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) over a guarantee for the Panda bond to be issued soon. According to Ahmed Kouchouk, Vice Minister of Finance for Fiscal Policies and Institutional Reform, Egypt is “very close”...

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