Palestinians, Sudanese and Syrians fleeing war have found a home in the country. But Cairo says newcomers are straining ...
By the end of June 2024, the external debt as a percentage of Egypt’s GDP stood at 38.8%, reflecting a manageable level of ...
It is a sad reality that some of the countries richest in natural resources are the same ones saddled with the most ...
Egypt's budget deficit is 14 percent of gross domestic product (GDP) and its overall debt, which is the result of accumulated deficits, is more than the country's economic output. In this ...
Mansour, who founded the “January 25th Revolutionary Movement,” released several videos threatening Egypt’s president while ...
Egypt has paid $38.7 billion in debt in 2024, of which $7 billion was paid in November and December alone, Prime Minister Mostafa Madbouly announced. Madbouly further noted that the debt burden for ...
According to the IMF, Egypt's overall debt has decreased by around 7 percent in the 2023/2024 fiscal year, dropping to 89 percent of GDP, compared to 95.7 percent in the previous fiscal year (2022 ...
During the weekly cabinet meeting held on Wednesday, at the New Administrative Capital, Madbouly indicated that Egypt has paid approximately seven billion dollars in debt during November and December, ...
Egyptian inflation is expected to have eased to 24.2% in December as food prices continued to cool, according to a poll ...
(MENAFN) The Central bank of Egypt is set to issue government debt instruments, including treasury bills and bonds, worth 70.5 billion Egyptian pounds (approximately 1.4 billion U.S. dollars ...
"A comprehensive reform package is needed to ensure that Egypt rebuilds fiscal buffers to reduce debt vulnerabilities, and generates additional space to increase social spending, especially in ...
(MENAFN- Daily News Egypt) The Central bank of Egypt (CBE) has reported a significant decrease in the country's external debt, which fell by $11.8bn during the fiscal year (FY) 2023/2024.