Finance ministry in Egypt vows to cut debt service costs following Moody’s ‘B3’ rating
Reducing high debt service costs at a faster pace is the focus…
Egypt seeks to accelerate reduction in debt-service costs
The Ministry of Finance said it was facing the challenge of high…
Egyptian government prepares for October conference to detail economic challenges and reforms
Egyptian Prime Minister Mostafa Madbouly announced on Wednesday that the government has…
Egypt weighs transferring ownership of state holding companies to cut public debt
The Egyptian government is evaluating proposals to transfer the ownership of several…
Madbouly reviews efforts to reduce public debt in Egypt
Egypt’s Prime Minister Mostafa Madbouly met with Finance Minister Ahmed Kouchouk on…
Egypt strives to lower public debt ratio to 80% by mid-2027: Finance Minister
We aim to achieve primary surplus of 3.5% of GDP: Maait
COVID-19 causes major increase in fiscal deficits, public debt ratios: IMF
Transparency is crucial to managing fiscal risks, says Fiscal Monitor report
Public debt declined to 90% of GDP in June 2019 from 108% in June 2017
Egypt achieved a primary surplus of 2% of GDP in FY18/19 compared…
Egypt targets to reduce public debt-to-GDP to pre-2011 level by end of FY2021/22
Ratio aimed to reach 77.5% by end-June 2022
EGP’s abrupt depreciation may adversely affect public debt: IMF
Risks increase with recent tightening of global financial conditions