External debt drops $2bn over 3 months
Rate of increase in bank loans outstrips deposits for first time ever
Egypt’s credit risk increased with ailing economy: Moody’s Analytics
One-year External Default Frequency for Egyptian government debt increased from 0.09% in…
218 prisoners pardoned to mark 6th of October War
The released are non-political detainees, all charged with debt issues
Al-Sisi meets with BG’s CEO
Egypt’s President Abdel Fattah Al-Sisi met with Helge Lund, the Chief Executive…
Egypt’s debts to Paris Club decrease 18%
Egypt repaid $670m to Paris Club in July, another payment of same…
Update: Egyptian cabinet approves budget draft for FY 2015/2016
Government targets 9.9% budget deficit, 23% increase in revenues and a 5%…
Public debt increases to 93.8% of GDP, poses risk to economy: Economists
High rate of public debt makes banks unable to fund budget deficit,…
Availability of foreign currency, public debt growth largest challenges for encouraging investment: World Bank economist
Poverty rates are still high, especially in Upper Egypt
External debt decreases by 10.3% in December: CBE
Decrease due to repaying facilities and loans, as well as fall back…