Skip to content
Search

Middle EastBusiness & Economy

Egypt tries to bring Arab League out of financial crisis

Originally published

The Egyptian Foreign Ministry started paying Egypt's share of the Arab League's budget in 1999 so that Egypt will be first Arab states to pay, in an attempt to encourage other early payments from states with the largest payment portions which are Egypt, Emirates, Bahrain and Saudi Arabia. The Arab League is passing through a crushing financial crisis which has obstructed it from giving its employees their salaries and obstructed its activities.

Arab League Secretary General Esmat Abdul Meguid urged the Arab states to rapidly pay their debts and dues to the AL.

Previous Stories

More from Middle East More Business & Economy