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Egypt advances strategy to reduce public, external debt
Aya Anwar Published in Amwal Al Ghad on 17 - 12 - 2025

Egypt's government is developing a comprehensive strategy to enhance fiscal discipline and improve its debt structure, allocating more resources to service sectors and easing the burden of debt repayment. The plan was discussed on Tuesday during a ministerial meeting chaired by Prime Minister Mostafa Madbouly.
The strategy includes external debt governance and borrowing regulation, setting a framework to keep debt within safe limits as a percentage of GDP.
During the meeting, Madbouly reiterated that reducing public and external debt remains a key objective for this stage. The strategy also involves restructuring external debts through debt-for-investment and debt-for-development swaps, as implemented with several Arab, European, and Asian countries.
The committee discussed the role of the National Structural Reform Programme (NSRP) in strengthening macroeconomic indicators and enhancing the sustainability of external debt. The program targets GDP growth rates that exceed debt growth, improving Egypt's capacity to service its external obligations.
Officials also reviewed developments in external debt and its sustainability indicators for the 2024/2025 fiscal year, confirming that the ratio of external debt to GDP remained within safe limits and that the debt stock did not exceed the ceiling set as a percentage of GDP.
Attribution: Amwal Al Ghad English

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