Egypt’s Foreign Debt down to USD 41.3 billionSource: www.export-egypt.com 4/3/2015, Location: Africa |
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The volume of domestic liquidity in Egypt’s market rose by EGP 110.9 billion or 7.3% to reach EGP 1.627.5 trillion in the period between July and January of the 2014-2015 fiscal year, the Central Bank of Egypt (CBE) said.
In a report, the CBE said the nation’s monetary supply increased by EGP 27.7 billion or 19.9%, while the availability of quasi-money in Egypt’s market jumped by EGP 68.3 billion at a rate of 7.8%. CBE report said that the balance of foreign debt has decreased by 10.3% to reach USD 41.3 billion at the end of last December compared with USD 46.1 billion at the end of June 2014. |
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Financials and Investment News in Egypt >> |
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