Egypt will receive a $2 billion loan from the Libyan government.

Egypt will pay back the interest-free loan over five years with an additional three-year grace period.

Last month, Libya’s General National Congress denied reports that the CBE would receive a $2 billion deposit from the Libyan government, news of which had followed the arrest in Cairo of three former Libyan officials linked to the Muammar Gaddafi regime.

Read more: english.ahram.org

WND-TV: Impoverished Libya lends $2 billion to Egypt


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