The report also highlights a reduction in Egypt's total external debt, which declined by $7.7 billion during Q2 2024, settling at $152.9 billion in June, down from $160.6 billion in March.
Despite the substantial debt service, the CBE reported a decline in Egypt's total external debt. As of March 2024, the debt stood at $160.6 billion, down from $164.5 billion in September 2023.
