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.

 

 

 

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