“Once we deliver on the economic reforms we promised, we expect to see some serious interest from investors,” head of public debt at the Finance Ministry Samy Khallaf told Bloomberg’s Ahmed Namatalla, noting that “We have to come to the market with a fresh story.” A package of reforms including the introduction of the value-added tax and public sector payroll cuts is expected to pass at the House of Representatives after being endorsed by officials “at the highest level.” Egypt intends to tap international markets for USD 3-5 bn in FY2016/17, with the first tranche expected between September and March, he added.