Egypt repaid over $15 bln in foreign debt in first nine months of 2020

Egypt repaid around 15.15 billion in foreign debt in the first nine months of 2020, the central bank said in a monthly report on Tuesday.

The money included $11.947 billion in debt instalments and $3.207 billion as interest.

Egypt’s debt service burden has totalled $6.813 billion – comprising of $5.664 billion as debt instalments and $1.15 billion as interest – during the third quarter of 2020, compared with $3.475 billion in the second quarter of 2020, the report added.