CAIRO, April 25 (Reuters) – Egypt expects its debt financing needs to rise by 7.1% to 1.068 trillion Egyptian pounds ($68.1 bln) in the financial year that runs July 2021-June 2022, according to a copy of the draft budget seen by Reuters.
The government is projecting sales of international treasuries worth 66 billion pounds in 2021/22, from 72 billion pounds in current financial year, according to the budget, which still needs approval from parliament.
Reporting by Nashat Hamdy Writing by Aidan Lewis Editing by Nadine Awadalla
