Egypt's central bank published data on Monday, on its website, showed that Egypt's debt to Paris Club countries fell 18 % in the third quarter of 2014 - 2015 fiscal year, to a record 3.030 billion dollars in March, from 3.706 billion dollars in March 2014. As per Egypt's Central Bank statement that published in April, the external debt owed by Egypt fell by 10.3%, with 41.3 billion dollars at the end of last December, compared to 46.1 billion dollars by the end of June 2014, a decline of $ 5 billion. The external debt of Egypt according to the latest data of the Egyptian central, reached 44,854 billion dollars until the end of 2014, which is equivalent to almost three times the country's reserves of foreign currency, as it represents 13.3% of the GDP of the country, up per capita external debt is $ 493.1. The external debt obligations payable to Egypt in the current year is between 4.5 and 4.8 billion dollars.
