(MENAFN) Egypt will finance two treasury bonds totaling USD340mn in order to help the country's state budget deficit.
Moreover, the Ministry of Finance will raise the first treasury bonds value USD0.27bn to mature in five years, while the second is valued at USD55.67mn.
However, the country's whole budget deficit increased by 18 percent in the Jan-Oct period of 2015/16 compared to the same period of last year.
In addition, from July to April the budget amounted to USD30.39bn with the country's debt service significantly grew by 36 percent.
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