Egypt’s external debt is reportedly approaching the $90 billion mark. It also said that external debt services recorded $3.4 billion in the second quarter of FY2019/20 and $4.8 billion in the first quarter. CAIRO: The Central Bank of Egypt has announced, for the first time in years, a fall in the country’s external debt. Egypt external debt for 2019 was $115,079,598,760, a 14.87% increase from 2018. Medium-Term Debt Management Strategy (MTDS) - December 2020 Medium-Term Debt Management Strategy (MTDS) - May 2019 Medium-Term Debt Management Strategy (MTDS) Summary of Public Domestic Debt Budget Sector Domestic Debt General Government Domestic Debt Domestic Public Debt Debt Service Profile Government Securities Issuances It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. In-Depth with PayTabs’ Hany Soliman 8 March 2021; Watania Takaful profit grows 40% 7 March 2021 ... Egypt’s external debt reaches $125.33B at Download historical data for 20 million indicators using your browser. In Egypt, external debt is a part of the total debt that is owed to creditors outside the country.. According to the above data, the total external and domestic debt is 5.4 trillion pounds, while the gross domestic product is 5.3 trillion pounds; which means that the total debt exceeded 100% of the GDP, which is a harbinger of danger to the Egyptian economy if the same policies continue to expand access to loans . The CBE said that external debt services doubled during the third quarter of FY2019/2020, reaching $6.8 billion, including $5.6 billion in instalments and $1.1 billion in interests. The external debt was 31.7 percent of Egypt’s gross domestic product (GDP) at the end of March. The Trading Economics Application Programming Interface (API) provides direct access to our data. The Central Bank of Egypt (CBE) stated on Tuesday that Egypt’s external debt increased by 10 percent to total US$106 billion by March, compared to $96.6 billion in December 2018. Egypt’s external debt fell for the first time to $111.3 billion at the end of March from $112.7 billion in December 2019, according to central bank data published on Monday. Publish your articles and forecasts in our website. Egyptian businessman and professor of economics Mahmoud Wahba goes further, stressing that Egypt’s foreign debt has risen to more than $200 billion. Egypt intends to officially inaugurate NAC before the end of December 2021. It is worth to mention that according to official Central Agency for Public Mobilization and Statics “CAPMAS” , 32.5% of the Egyptians are under the Egyptian poverty line. Meanwhile, CBE revealed that Egypt’s foreign reserves rose by about $53 million, recording $45.509 billion by the end of February 2020, … Egypt’s external debt increased by $16bn to $108.7bn in fiscal year (FY) 2018/19, from $92.6bn in FY 2017/18, up 17.3%, the Central Bank of Egypt (CBE) said. The external debt was $92.64 billion at the end of fiscal 2017/2018. External Position of Egyptian Economy Review and analysis of Egypt's Bop, external liquidity, external debt, and exchange rate developments, in addition to miscellaneous charts and statistics. Likewise, Egypt’s short-term external debt jumped by 9.8 percent to reach $12.3 billion in the same period, up from $11.2 by the end of December 2019, Egypt to pay $20 bln as external debt obligations in FY2020/21: World Bank, Egypt’s long-term external debt increased to $90.6 bln in 2019: World Bank, Egypt's external debt reaches $111 bln in 2020: CBE governor, Egypt’s external debt declines to $111.3 bln in 1Q 2020, public debt to $60.4 bln: CBE, Egypt’s external debt upped to $112.67 bln in 2Q of FY2019/2020: CBE, Hikma, GSK end talks over potential Egypt, Tunisia assets deal. Egypt Inflation Rate Accelerates to 4.5% in February, Egypt Non-Oil Private Sector Shrinks for 3rd Month, US Job Openings Rise Unexpectedly in January, Brazilian Equities Trade Higher on Stimulus, US Stocks Rally amid Stimulus, Falling Claims, Baltic Exchange Dry Index Hovers Around 5-Month High, US Initial Jobless Claims Lower than Forecasts, German 10-Year Bund Yield Falls to 1-Week Low, Spanish Stocks Extend Gains to Over 1-Year High. Jordan says crown prince cancelled visit to Jerusalem's al Aqsa mosque over..... Ethiopia COVID-19 cases near 170,000 mark, Inter's Vidal set for spell out following knee surgery, Koeman hopes his new-look Barcelona convinces Messi to stay, Armenian PM says army chief considered dismissed, Turkey, Russia, Qatar to push for political resolution in Syria, 'We're not racist', says Prince William after Meghan and Harry interview, Israel Aerospace, UAE weapons maker team up on anti-drone tech, Barcelona take comfort in pride restored against PSG as expectations are lowered, Ethiopia's leader faces intense pressure to end Tigray war, Tennis: Nadal not ready to play yet due to back issue, skips Dubai event, Palestinian Fatah kicks out senior member ahead of elections, PSG in good hands with super keeper Navas. This rapid increase in debt has outstripped GDP growth, making the debt-to-GDP ratio jump from 87.1 percent in 2013 to reach 101.2 percent by the end of 2017. On the other hand, external debts of other sectors contracted by 1.3 percent to post $14.4 billion by the end of September 2020, down from $14.6 billion in December 2019. During the same period, the level of external debt skyrocketed from 16 percent of GDP in 2013 to 39 percent in 2019, reaching a historic high of $123.5bn last June. The volume of Egypt’s external debt increased to about $125.3bn in September 2020, according to the Central Bank of Egypt (CBE). Egypt’s total external debt rose 17.47 percent at the end of last September, recording $109.363 billion compared to $93.101 billion in the previous year. The highest external debt in Egypt's Modern history. In terms of gross domestic product, external debt as a percentage of GDP has increased to nearly 40 percent, from 14.2 percent in late 2015. Direct access to our calendar releases and historical data. External debt stocks (% of GNI) - Egypt, Arab Rep. from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). In a related context, the report noted that Egypt's external debt is among the best compared to emerging markets in the world, by the end of March 2020, as it recorded 31.7 percent as a percentage of GDP. Most Read. Published in March and September, these Interim reports provide updates to the projections, analysis and policy recommendations contained in the main Economic Outlooks released in May/June and November/December. The Central Bank of Egypt (CBE) announced that Egypt’s external debt increased to $123.49bn at the end of June 2020, compared to $111.29bn in March 2020, a rise of … Egypt’s fiscal year begins on July 1. Live estimate for national public debt today and since the beginning of the year. Likewise, Egypt’s short-term external debt jumped by 9.8 percent to reach $12.3 billion in the same period, up from $11.2 by the end of December 2019. Egypt external debt for 2017 was $84,722,482,200, a 22.5% increase from 2016. Denmark, Norway temporarily suspend AstraZeneca COVID shots after blood clot..... Live score: Zamalek v Ceramica Cleopatra (Egyptian Premier League). Graph and download economic data for Total Government Debt for General Government for Egypt (EGYGGDGDPGDPPT) from 2000 to 2021 about Egypt, REO, debt, and government. External Debt Government Eurobond Outstanding Government Eurobond Outstanding. Preview: Pacheco's job on the line as Zamalek face Ceramica Cleopatra in Egyptian..... 2021 African Confederation Cup group stage results & scorers (1st round), Algeria's Mahrez scores twice as Man City hammer Southampton 5-2.
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