In the form of treasury bills .. The government is borrowing 17 billion pounds from banks today

Economy and stock exchange

On Sunday, the Central Bank of Egypt [CBE] will issue treasury bills at a total value of LE17 billion on behalf of the Ministry of Finance. The first issue of 91-day Treasury bills will be LE 8.5 billion and LE 8.5 billion for 266 days.

The budget deficit is expected to reach 440 billion pounds by the end of the current fiscal year, financed by the central bank's issuing of treasury bills and bonds, government debt instruments on behalf of the Ministry of Finance, and through grants and grants from Arab countries and international loans .

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