null Egypt plans sukuk to finance government investment projects
Egypt plans sukuk to finance government investment projects
2 Mar 2022 | Wednesday Source: Reuters
Egypt's government plans to issue sharia-compliant sukuk bonds, as well as more Eurobonds and Green bonds, to fund public projects, the finance ministry said on Monday.
The country aims to increase the government's contribution to state-backed green investments in next year's budget as part of a progamme coinciding with it hosting of the COP27 United Nations Climate Change Conference in November, the ministry added.