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Egypts Debt

GDP to grow 5.3% with sustainable growth to come from private sector’s engagement: S&P

In its latest report on Egypt’s economic conditions, which particularly focused on Egypt’s monetary policy, S&P added that public investment could also cause fiscal and external deficits

Egypt’s public investments up 50.5% YoY, treasury-financed investments up 28% YoY:FinMin

The latest allocated state budget is 6x higher than previously set aside in FY 2013/2014

Egypt’s structural reforms on the way: A deep dive into the 2nd phase

Titled the National Program for Structural Reforms, Egypt’s second phase of the National Program for Economic and Social Reform kicked off in April, inaugurated by Prime Minister Mostafa Mabdouly

GDP growth could be back to pre-pandemic levels at 6%: Fitch

Volatility caused by the pandemic led to $17 billion of capital outflows in March-April 2020, according to Fitch

Egypt’s external debt rose to $129B in Q2 of FY2020/2021, $125.3B in Q1: CBE

Egypt’s total external debt increased in the Q2 of FY 2019/20 to reach $77.2 billion, up from $73.1 billion in the Q1 of FY2020/2021 and $69.3 billion by the end of FY2019/20