CAIRO: A monthly report issue on Sunday by the Information and Decision-Making Support of the Egyptian Cabinet showed an increase in net international reserves of the Central Bank of Egypt during the month of June by 12.5 percent, reaching $35.2 billion. Compared to the same month last year, and the volume of deposits in the banking sector – other than the central bank – that increased to 882.8 billion Egyptian pounds in last May, up by 8.5 percent compared to the corresponding month in 2009. The report noted that the total domestic liquidity rose by 8.4 percent, scoring 896 billion pounds in May compared to its level in the corresponding month of 2009. Suez Canal revenues increased during the month of June by 10.2 percent reaching $383.7 million, compared to the month of June 2009. With regard to the electricity sector, the report indicated that electricity generated during the month of June amounted to 12.732 billion kw/hour, increasing 7.3 percent compared to its level during the corresponding month of 2009. The total use of electricity in June amounted to 10.73 billion kw/hour, up almost 6 percent from its level during the corresponding month of 2009. In the field of land transport, the report pointed to increased revenues for passenger transporting via the railway by 2.7 percent as it reached 796.1 million pounds during the period from July 2009 to June 2010 compared to the same period a year earlier. Revenues of transferring goods through railways also increased by 21.7 percent reaching 274.6 million pounds. The monthly report also stated that the trade deficit fell by 14.8 percent last April. The value of commodity exports during the month of April this year, amounted to $2.25 billion, compared to $2.378 billion during the previous month of March, a decline of 5.4 percent, while it rose by 20.9 percent compared to April 2009. BM
