Central Bank of Egypt: Paying $7.4 billion in interest and foreign debt installments within 3 months

  • The Central Bank of Egypt revealed that it paid off external debts worth $7.384 billion during the second quarter of 2023, compared to $8.168 billion at the end of the first quarter of the year.

 

  • The Central Bank said in its statistical bulletin that the payments were divided into $2.249 billion in interest paid, in addition to $5.135 billion in installments paid.

 

  • The Central Bank added that the external debt recorded $168.03 billion by the end of the second quarter, compared to $164.521 billion by the end of September 2023.

 

  • The ratio of external debt to GDP recorded about 43% by the end of December 2023, compared to about 42.4% by the end of last September.

Share the topic with your friends on

Facebook
Twitter
WhatsApp
Telegram
LinkedIn
Email

Leave A Reply

Start trading!

If you want to start trading, contact us on WhatsApp now

You may also like

“Planning and International Cooperation”: GDP growth of 4.3% in the second quarter of 2024/2025, on the back of the Egyptian government’s adoption of...
  • March 26, 2025
The dollar fell by about 4 piasters to reach 50.5611 pounds for buying and 50.6611 pounds for selling. Average exchange rates of major currencies against the pound at...
  • March 24, 2025
  The Cabinet, in its meeting today headed by Dr. Mostafa Madbouly, approved the procedures for re-tendering two licenses...
  • March 19, 2025


Subscribe to receive all new 

Please enable JavaScript in your browser to complete this form.