Latest in Tag: public debt Highlight
Latest in Tag: public debt

COVID-19 causes major increase in fiscal deficits, public debt ratios: IMF
Transparency is crucial to managing fiscal risks, says Fiscal Monitor report

Public debt declined to 90% of GDP in June 2019 from 108% in June 2017
Egypt achieved a primary surplus of 2% of GDP in FY18/19 compared to deficit of 3.5% in FY15/16

Egypt targets to reduce public debt-to-GDP to pre-2011 level by end of FY2021/22
Ratio aimed to reach 77.5% by end-June 2022

EGP’s abrupt depreciation may adversely affect public debt: IMF
Risks increase with recent tightening of global financial conditions

Government targets reducing public debt to 70% within four years: Mohamed Moeit
No new taxes to be imposed over next four years, IMF mission to visit Egypt in October, says finance minister

Egypt’s local public debt hits EGP 3.414tn end-2017: CBE
Egypt’s local public debt rose to EGP 3.414tn at the end of December 2017, compared to EGP 2.16tn in June 2017, of which 84.7% was due from the government, 8.2% from public economic bodies, and 7.1% from the National Investment Bank (NIB), according to the Central Bank of Egypt (CBE). The CBE said, in its …

Egyptian public debt records worrying level at EGP 3.16tn in June 2017
An increase of EGP 540bn in the public debt within a year

Deputy finance minister explains steps to reduce FY 2016/2017 deficit, restructure public debt
Cabinet increases electricity prices in accordance with the state budget and we cannot keep the same wage system