Egypt expects to receive between $5-$6bn [€4.6-€6.5bn] in funding from the EU under a major 'cash for migrant control' pact which is set to be finalised this weekend.
That $5-6bn figure was spelt out by Cairo's finance minister Mohamed Maait at a press conference on Monday (11 March). Later he added that the World Bank is expected to extend around $3bn [€2.6bn] in financing to Cairo, while further funds are expected from Japan and the International Monetary Fund.
EU leaders are ...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login