Prime Minister Madbouly: Egypt Will Not Fail to Repay its Debt ...Egypt

Egyptian Prime Minister Mostafa Madbouly speaking at a press conference in New Obour City. Source: The Egyptian Cabinet on Facebook. Egypt “has not failed and will not fail” to pay its international debts, said Prime Minister Mostafa Madbouly in a press conference in New Obour City on Saturday, 29 April. The prime minister also said that seeing through commitments is a cornerstone of Egyptian policy, as well as the “state’s ideology.” Madoubly added that Egypt respects all of its commitments and that his claims are backed by the fact that “we [the government] have not, until this moment, delayed repaying any of our obligations”. Madbouly’s statements come days after Bloomberg published an ar

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