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U.S. says Egypt debt relief studied but no decision
May 9, 2011 / 6:00 PM / 7 years ago

U.S. says Egypt debt relief studied but no decision

WASHINGTON, May 9 (Reuters) - The United States is considering a range of issues including possible debt relief to assist Egypt following its political transformation, but no final decisions have been made, the U.S. State Department said on Monday.

“We’re discussing currently a range of ideas with respect to our aid to Egypt ... no final decisions have been made,” Toner told a news briefing, saying debt relief was one idea under consideration.

The Washington Post said on Sunday Washington had decided to provide $1 billion in debt relief as part of an economic aid package for Egypt that would also include trade and investment incentives, but Toner said it was too early to discuss specifics.

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