October 25, 2018 / 7:33 AM / a month ago

Egypt's external borrowing ceiling at $16.733 bln for 2018/19 FY -document

CAIRO, Oct 25 (Reuters) - Egypt has set its external borrowing ceiling at $16.733 billion for the 2018-2019 financial year, a government document obtained by Reuters on Thursday showed.

According to the document, Egypt will repay $10.51 billion of external debt in 2018-2019, and total external government debt is expected to reach $98.863 billion. (Reporting by Ehab Farouk Writing by Aidan Lewis; Editing by Toby Chopra)

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