Egypt calls for restructuring debts of middle and low-income countries ...Egypt

Egypt called on the international community to restructure the debts of middle and low-income countries, and use the debt swap mechanism for development as an innovative financing tool. It also called for adopting economic development policies that support growth, employment and increased productivity, while providing a favorable investment environment to attract international and local private capital alongside multilateral cooperation to implement the European Union’s Carbon Border Adjustment Mechanism (CBAM) efficiently and effectively, especially in developing countries. This came during the participation of Minister of Planning, Economic Development and International Cooperation and Gov

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