Egyptian high Minister Mostafa Madbouly announced today, Wednesday, that the Egyptian authorities can pay $38.7 billion of its money owed in 2024.
Madbouly said in a assertion reported by means of the media that “his u . s . paid approximately $7 billion of its money owed at some stage in the months of last November and this December, bringing the total quantity paid all through 2024 to $38.7 billion.”
Madbouly explained that “the Egyptian kingdom is committed to paying its duties and that it has by no means didn’t pay those dues,” noting that “the quantity due all through the approaching yr can be much less than what changed into paid this year.”
He defined during his chairmanship of the weekly meeting of the Egyptian government on Wednesday at the new authorities headquarters in the New Administrative Capital, that “paying these quantities represented a first-rate task for the state.”
The top Minister careworn, “the continuation of the efforts of the relevant country organizations and our bodies concerning the governance and control of investment spending objects, in a manner that contributes to imparting a extra possibility for private quarter establishments to boom their participation fees in many monetary activities, further to the contribution of those measures to controlling the monetary overall performance of the nation’s fashionable price range.”
