ArabFinance: Egypt has secured $10.3 billion from bilateral and multilateral lenders in 2021, recent data by the International Cooperation Ministry.

Around $8.7 billion of the loans were allocated to the public sector, while the remaining $1.6 billion went to private-sector initiatives.

By far the biggest chunk of funding to the public sector came in the form of a $2 billion loan under a framework agreement between Egypt, the French government and the French Development Agency (AFD).

The second-largest financing agreement was a $1.4 billion facility from the International Trade Finance Corporation (ITFC) for basic commodities imports including wheat and other foods, followed by a $962 million loan, also from the ITFC, for the import of petroleum products and more basic commodities.

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