Libya Not Forgiving $2bn Egyptian Loan

The Central Bank of Libya (CBL) has denied rumours that it has waived the repayment by Egypt of $2 billion deposited in May 2013 with the Central Bank in Cairo, to ease the Egyptian government’s financial troubles.

Earlier LANA had quoted CBL governor Saddek El Kaber as saying that the money was repayable within five years.

(Source: Libya Herald)

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