An Iraqi official says Baghdad has rejected a request from Egypt for a $4 billion bond to be deposited in Egypt’s central bank to bolster its faltering economy.
The official said on Friday that it’s "too risky" to deposit such a large sum in Egypt but that talks are continuing for a smaller amount. The official didn’t elaborate. He spoke on condition of anonymity because he wasn’t authorized to talk to the media.
In Egypt, the presidency’s media office confirmed in a statement to The Associated Press that discussions with Iraq are ongoing.
Egypt’s planning minister, Ashraf el-Araby, visited Iraq this week.
Egypt has sought help from several oil-wealthy Arab countries to shore up reserves in its central bank, which were depleted in the aftermath of Hosni Mubarak’s 2011 ouster.
نستخدم ملفات الكوكيز لنسهل عليك استخدام مواقعنا الإلكترونية ونكيف المحتوى والإعلانات وفقا لمتطلباتك واحتياجاتك الخاصة، لتوفير ميزات وسائل التواصل الاجتماعية ولتحليل حركة المرور لدينا...اعرف أكثر