External Debt

Egypt highlights external debt decline, institutions positive expectation for state

Sun, 04 Oct 2020 - 03:25 GMT

Egypt succeeded in reversing the external debt curve, to record a decline for the first time in more than 4 years.

Egypt’s external debt rises by $50B, with $350B spent on projects: CBE governor

Mon, 30 Mar 2020 - 03:37 GMT

The foreign reserves have jumped by more than $30 billion, and the procedures implemented in the past years succeeded in increasing the bank balances abroad to reach $19 billion.

Egypt’s external debt rises to $109.36B by end of Sep.

Sun, 19 Jan 2020 - 04:11 GMT

The data revealed that external debts due on Egypt hit $108.699 billion in June 2019.

Capital markets professional slams claims of looming economic 'collapse'

Fri, 28 Jun 2019 - 09:43 GMT

Shams El-Din said that Egypt's external debt has been below the emerging markets average.

Debt-reduction strategy targets growth rate exceeding 6% in 4 years

Mon, 04 Feb 2019 - 08:49 GMT

"The strategy aims to reach 30 percent of the external debt of GDP in 2022," Deputy Finance Minister said.

Egypt's debt to Paris Club is $3.7B: CBE

Sun, 19 Nov 2017 - 10:32 GMT

Egypt will repay $700 million to Paris Club in January 2018, which is a part of a bi-annual installment owed to the group.

Egypt not to raise fuel prices in FY 2017/18: Garhy

Wed, 27 Sep 2017 - 11:44 GMT

Egypt is keen on keeping the external debt within “safe limits” as it is related to what the economy produces, the minister said.

ASA illustrates reasons for surging public debt

Fri, 19 May 2017 - 08:49 GMT

Egypt’s public debt has risen since the government expands in issuing bonds and treasury bills in addition to getting loans to fund a large part of the budget.