Egyptian foreign debt increases by $8bn
Internal debts hit an alarming EGP 1.4tn, equivalent to about $200bn.
Egypt and Germany sign €165m agreement
Deal part of debt swap agreement initially stalled by German Chancellor Angela…
Personal loans increase as inflation and price of goods rise
The value of personal loans made in November 2012 increased by EGP…
Cutting deficits without damaging growth
Average public debt in MENA countries is more than 78% of GDP,…
Egypt’s media outlets owe EGP 10bn in arrear back taxes
Al-Ahram accounts for lion’s share of debt, owing EGP 5.85bn
Swimming against the current
The government’s prescription to treat the economic recession we’re currently enduring has…
