Egypt External Debt Up to $82.9 Billion at End of 2017Source: www.export-egypt.com 5/30/2018, Location: Africa |
|
|
|
|
 Egypt's external debt recorded $82.9 billion at the end of 2017, up from $80.8 billion in the third quarter of the year, which ended in September 2017, the Central Bank said in a statement .
Debt owed to foreign institutions rose by 10 percent to $26 billion by end of the 2017, compared to $23.4 billion in September. External debt per capita rose by 2.5 percent to $790.8, up from $771.2 in September. Paris Club debt rose to $4.1 billion in December 2017, up from $3.8 billion in September, the CBE said. External debt mainly consists of medium-term and long-term debt, which rose by 4.4 percent to $71.8 billion at the end of 2017, compared to $68.8 billion September. It is worth noting that medium-term and long-term debt represented 86.6 percent of external debt at the end of 2017, up from 85.1 percent in September. As for short-term debt, it decreased to $11.1 billion, down from $12.1 billion in September 2017. Short-term debt represented 30.1 percent of net international reserves by year-end, compared to 33 percent at the end of September. The CBE had repaid external debt worth $6.4 billion by the end of 2017, compared to $1.2 billion at the end of September. Egypt's foreign reserves climbed to $44 billion at the end of April, up from $42.6 billion at the end of March. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
