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[Published: Tuesday March 12 2024]

  Egypt eyes $5-6 billion in EU cash under migrant deal

 
BRUSSELS - Egypt expects to receive between $5-$6 billion [€4.6-€6.5 billion] in funding from the EU under a major 'cash for migrant control' pact which is set to be finalised this weekend.
 
That $5-6 billion figure was spelt out by Cairo's finance minister Mohamed Maait at a press conference on Monday. 
 
Later he added that the World Bank is expected to extend around $3 billion [€2.6 billion] in financing to Cairo, while further funds are expected from Japan and the International Monetary Fund.   - (ANA) - 
 
AB/ANA/12 March 2024 — - -
 
 
 

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