Latest in Tag: external debt Highlight
Latest in Tag: external debt
External debt service payments amount to $26.3bn in FY 2021/22: CBE
Due instalments reach $21.7bn, interests record $4.6bn
Central Bank expounds Egypt’s external debt in 1Q 2022
External debt registers $157.8bn, of which $131.4bn (83.3%) is long-term debt, while short-term debt accounts for $26.4bn (16.7%)
Egypt’s external debt registers $145.5bn in December 2021
Long-term debt accounts for 91.2% ($132.7bn) of total external debt
Egypt’s external debt registers $137.4bn in September 2021: CBE
Long-term debt accounts for 91.6% ($125.9bn) of total external debt
Egypt’s external debt increases to $137.9bn in June 2021: Central Bank
Long-term debt ($124.2bn) accounts for 90.1% of total external debt, whereas short-term debt ($13.7bn) accounted for 9.9%
Egypt’s external debt up $1.8bn to $125.3bn in September 2020: CBE
Long-term debt accounts for 90.2% or $113.0bn of total external debt
Egypt’s external debt increases to $129.2bn in 2020: CBE
Short-term debt decreases to 9.2% of total external debt in 2020
Egypt’s external debt rises to $125.3bn in September 2020
Long-term dues account for 90.2% of country’s total external debt
Egypt’s external debt rises to $123.49bn in June 2020: CBE
The country’s external debt in June 2020 also increased by 14.79% compared to June 2019 when it reached $108.7bn.
Egypt’s external debt decreases to $111.3bn in March 2020: CBE
Bank deposits up by EGP 84.837bn, loans rise by EGP 42.409bn
Egypt’s domestic debt falls to EGP 4.186tn; external debt up to $109.3bn Sept. 2019: CBE
External debt service reaches $2.9bn, including $1.7bn in instalments, $1.2bn in interest
Egypt’s external debt up 17.3% YoY to $108.7bn in FY19
External debt-to-GDP ratio 36% in Egypt, 48.5% in Latin America, 47.5% in Middle East
Egypt’s external debt jumps to $108.bn end-June: CBE
The CBE noted that debt services reached $13.4bn in fiscal year 2018/19, including $10.2bn in instalments and $3.2bn in interest.
Risk of sharp rise in Egypt’s external debt remains manageable: Capital Economics
Furthermore, Egypt’s external debt has increased steadily since 2015 and breached $100bn in Q1 of this year, the note explains.
CBE reveals Egypt’s economy external position
Foreign debt reached 35.1% of GDP at end December 2018, compared to 61.4% of GDP in European coutnries, EMs, and 41.9% in Commonwealth countries
Egypt’s external debt reaches 35.1% of GDP at end-2018, but still within safe limits: CBE
Saudi Arabia is Egypt’s top lender with total debt of $8.7bn
Egypt’s external debt rises to $96.6bn by end of December: CBE
Egypt’s external debt rose to $96.6bn by the end of December 2018, compared to $82.88bn by the end of December 2017, an increase of $13.7bn, according to Central Bank of Egypt (CBE) on Wednesday. The CBE added that long-term external debt recorded $86.3bn by the end of December 2018, an increase of $1.4bn from December …
Egypt’s external debt to increase by 12% to reach 103.7 $bn in FY 2019: Focus Economics
Focus Economics forecasts overnight deposit rate to end CY 2019 at 14.47%, CY 2020 at 12.93%
Egypt’s average external debt per capita records $883.9 in June 2018: CBE
External debt up to $92.6bn in June 2018, $79.032bn in June 2017, an increase of $13.6bn
Does Egypt need more external borrowing?
Egypt’s lack of control over foreign debt could cause negative pressure on its credit rating in future, says Standard & Poor’s
Internal and external debt within secure limit: Prime Minister
Unemployment rate should be reconsidered, Sherif Ismail says
External debt ratios continued to reflect limited risks: Pharos
The external debt rose to USD79 billion, or 42.7% of GDP in 4Q FY2016/17
Egypt foreign reserves hikes driven by external debt- report
Last Month, the foreign reserves came in USD 31.305 billion.
Suez Canal Economic Zone: the Egyptian dream that could begin a renaissance
Hong Kong, Shenzhen, Singapore, Jebel Ali, Hamburg, Rotterdam, Tangier, and Panama are waterways that brought about major changes for their countries. However, the oldest waterway, the Suez Canal, has maintained its position as one of the world’s most important waterways since its opening on 17 November 1869. These other waterways around the world have managed …
External debt: a tricky, dangerous route towards reform
Egypt’s negotiations for loans from the International Monetary Fund, World Bank, and the African Development Bank would increase the country’s external debt to approximately $70bn. Yet, the government views the loans as a way for reforming poor economic conditions that have plagued the country since 2011, and a tool to attract foreign investment. Essentially, …
Egypt pays $2.25bn of external debt in July: CBE
Foreign exchange reserves dropped $2bn in July, reaching lowest point since January 2015
Egypt’s external debt to climb to 21.8% of GDP in 2020: FocusEconomics
US dollar exchange rate expected to increase to EGP 10.19 by the end of 2017 and EGP 13.10 by the end of 2020, says FocusEconomics
Egypt external debt rises despite risks: experts
The domestic public debt also increased to EGP 2.496tn as of the end of March, compared to EGP 2.016tn year-over-year.
External debt drops $2bn over 3 months
Rate of increase in bank loans outstrips deposits for first time ever
Egypt’s debts to Paris Club decrease 18%
Egypt repaid $670m to Paris Club in July, another payment of same amount is expected to follow in January