The Central Bank report that fell on deaf ears ...Egypt

EGYPT INDEPENDENT - News

If the external debt were to increase by a dollar, a fierce storm would erupt against the government, and analyses,comments, and negative, discouraging expectations would follow in succession. However, the news of Egypt’s external debt declining to $160.6 billion at the end of March 2024, compared to $164.5 billion at the end of the first quarter of 2023/2024, has, as usual, passed unnoticed. There are no comments on the Central Bank’s statement, nor any insightful and honest analysis. A report from the Central Bank of Egypt reveals that the country has made significant progress in reducing its external debt, paying off $23.8 billion in interest and principal over the past nine months. The

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Last updated : 26 September 2024 clock 04:21 PM

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The Central Bank report that fell on deaf ears ...Egypt

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