Egypt pays final installment of $1B loan from Turkey

Dunya Executive - - OVERVIEW -

Egypt on Nov. 2 pa d off the last nstallment of a f ve-year-old loan from Turkey, accord ng to an Egypt an Central Bank off c al. The $1-b ll on debt was settled w th the payment of a f nal nstallment worth $200 m ll on, accord ng to Egypt’s off c al MENA news agency. Ca ro n t ally took out the loan n 2012 dur ng the br ef pres dent al tenure of Mohamed Mors .

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