Why doesn't use thier position for leverage for debt relief

[ZBR]

Especially their ask for complete their interest and stopping its accrual
Right now just their interest payments is 6% of their gdp and that could grow significantly higherin the coming years at this trajectory

Egypt: Rising pressure on public finances

Against a backdrop of rising regional geopolitical pressures, the economic crisis is deepening further in Egypt and now poses a threat to public finances. With no agreement reached with the IMF, the balance of payments crisis is continuing to unfold, and the adjustments needed are being...

economic-research.bnpparibas.com

 

[ZBR]

Egypt also is really wealthy country thatcould have high wages if it wasn't straddled by debt especially exacerbated you thefact that most of their economy is owned by the government who's heavily in debt and doesn't let money trickle down due to their debt