Latest in Tag: Balance of Payments Highlight
Latest in Tag: Balance of Payments
Egypt’s balance of payments records $1.5bn surplus in H2 2020: CBE
Current account deficit increases by 66.9% to $7.6bn in H2 2020
Egypt’s current account records $8.2bn deficit in FY 2018/19: CBE
BOP records 0.1bn deficits, oil trade balance records $8.1m surplus, FDI net inflows decrease by $1.8bn to $5.9bn
Balance of payments records $11bn surplus between July, March in FY 2017/18: CBE
Egypt’s overall balance of payments (BOP), which measures Egypt’s dealings with other countries, recorded a surplus of $11bn in the first nine months of fiscal year (FY) 2017/18 (July 2017 to March 2018), according to the Central Bank of Egypt’s (CBE) report issued on Thursday. According to the report, the current account continues its improvement, …
Overall bank balance of payments surplus estimated at EGP 4.68tn
The overall balance of payments (BoP) surplus of banks operating in the Egyptian market amounted to EGP 4.688tn at the end of September 2017, compared to EGP 4.586tn at the end of August 2017, an increase of EGP 101.9bn, according to the Central Bank of Egypt (CBE). Banks increased their capital by EGP 9.4bn in …
$1.5bn surplus in Q1 FY 2017/2018 balance of payments: CBE
Exports increased to $5.8bn between July and September 2017, against $14.8bn imports
Balance of Payments marks surplus of $13.7bn in FY 2016/2017: CBE
Exports revenues amount to $21.7bn, imports register $57.1bn, tourism profits at $4.4bn, $4.9bn from Suez Canal
Balance of payments runs $1.9bn surplus during Q1 of current FY: CBE
The CBE explained in a statement on Thursday that capital and financial transactions registered net income estimated at $7.1bn compared to $1.6bn during the same period the previous year
Balance of Payments registers $2.6bn increase in deficit over 9 months of FY 2015/16: CBE
The CBE said in a statement on its website on Sunday that the increase of the BOP deficit is ascribed to the increase in the current account deficit that registered $14.5bn between July 2015 and March 2016, versus $8.4bn year-on-year (y-o-y).
Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016
Net inflows of foreign direct investment in Egypt rose from $ 2.6bn to $ 3.1bn, says CBE
HC predicts decline in current account balance to 4.7% of GDP in FY 2015/2016
HC believes that the EGP needs to be depreciated to gain competitiveness in real terms among other currencies, says the report
Eni gas discovery to alleviate balance of payments pressures: Moody’s
Recent gas discovery is positive credit for Egypt, says report
International foreign reserves drop to $15.3bn
Egypt’s BOP recorded $410m surplus in Q1 2014/2015
Balance of payments surges, deficit drops over 9 months: Ministry of Finance
Industrial production, debt, revenues and expenditures all saw increases
1H FY 2013/2014 BOP registers $2bn surplus
The current account balance came in at $755.8m, down from $757m registered during 1Q FY 2013/2014
Economic growth in Egypt expected to slowly pick up: World Bank
World Bank Economic Prospects Report expects economic growth in Egypt in 2014 to reach the highest rate since 2010 but will remain far below its potential
Foreign reserves drop to $17bn
International foreign reserves fall for the fourth consecutive month
Central Bank economically reflects on Egypt’s BOP
Central Bank of Egypt: current account deficit retreated by 45% to reach $ 5.6bn from $10bn
Balance of payments deficit drops 93% in 2012-13
The Central Bank of Egypt cited increased remittances from Egyptians working abroad this year as the main reason for the drop in the deficit