Latest in Tag: debt-to-GDP Highlight
Latest in Tag: debt-to-GDP

We aim to reduce debt-to-GDP ratio to 75% by 2026: Minister of Finance
77% of government debt owed to institutions, individuals in Egypt, foreign debt represents only 23%

Government works on putting debt-to-GDP ratio on downward path: Finance Minister
Maait said: “We will continue our efforts to put the debt-to-GDP ratio on a downward path, reduce its burdens, and develop public financial management, by pursuing more flexible fiscal policies that are able to deal positively with internal and external shocks, and achieve economic and development goals.”

We seek to reduce debt-to-GDP ratio to less than 90% by end of FY2021/22: Finance Minister
We aim to achieve a primary surplus of 1.3% and a budget deficit of no more than 6.2%: Finance Minister

Global debt-to-GDP to reach 100% in 2020: IMF
IMF provides over $280bn in financing at unprecedented speed and scale to 81 countries, of which more than one third has been approved since March