GERD talks between Egypt, Ethiopia and Sudan resume on Friday    Egypt, Ethiopia, Sudan resume AU-brokered negotiations over Nile dam    Saudi-led coalition destroys four Houthi drones over Yemen    Rudolfo Anaya, 'godfather' of Chicano literature, dies at 82    Liverpool reiterate need for safe celebrations ahead of Villa clash    Egypt and Jordan's Foreign ministers discuss annexation of West Bank    Indigenous leaders angry about coronavirus risk from Brazilian military visit    EU grants conditional clearance to COVID-19 antiviral remdesivir    UN says it is "alarmed" at arrests in Hong Kong, concerned at "vague" law    France's PM Philippe resigns ahead of Cabinet reshuffle    Gulf economies to shrink 7.6% due to coronavirus, decline in oil prices: IMF    UK PM Johnson says of fathering his newborn son: 'I'm pretty hands on'    Japan seeks extradition of Americans accused in Ghosn escape    Ex-FDA official says the worst of the U.S. coronavirus outbreak to end in January    Moderna delays coronavirus vaccine trial – report    Sane completes move to Bayern from Manchester City    Greece starts clearing ground for Athens property plan after long delay    Egypt developing four WHO-registered vaccines to treat coronavirus patients    Lebanon's IMF talks on hold, finance minister says    313 tourists from Switzerland, Belarus arrive in Egypt following flight resumption    Real Madrid close in on La Liga title after edging Getafe    Ethiopia intransigent on GERD issue: ECES seminar experts    Qalaa Holdings records 191% y-o-y increase in revenues during Q1 of 2020    ABB, Hitachi launch $10bn joint power venture    Thousands of Greeks protest against bill to regulate demonstrations    NCW calls for investigating harassment and rape allegations discussed on social media    Egypt's National Election Committee to announce Senate election details    Egypt is developing 4 vaccines, 3 drugs against COVID-19: Higher Education Minister    Italy's Eni unveils new gas discovery off Egyptian Nile Delta coast    Apple to re-close more stores in U.S, bringing total to 77    Egypt's Zamalek to continue training Thursday, but domestic league participation unclear    Egypt's parliament Oks supplementary spending bill for FY20    Liverpool boss Klopp happy with African Nations Cup postponement    Deadly protests erupt in Ethiopia over killing of popular Oromo singer    Egypt's cultural activities to resume mid-July    At 99, CPC governance legitimacy shines brighter in time of global uncertainty    Federation of Egyptian Banks denies funding GERD: eletreby    Saudi development authority starts executing phase I of giant cultural project    30 June Revolution preserved Egyptian identity from hijack: Al-Sisi    Don't miss Al-Hadra troupe's two concerts at El-Sawy Culturewheel    Egypt's President Sisi opens Baron Empain Palace, two int'l airports    Inauguration of Baron Empain Palace important for Egypt's tourism sector: official    President Al-Sisi inaugurates new national project developments in Cairo    11 coronavirus cases detected at Egyptian Premier League clubs – EFA    Egypt to host World Handball Championship on time despite COVID-19: EHF President    Liverpool's Egyptian winger Salah fit for Crystal Palace clash – coach Klopp    Egypt's parliament Oks amendments to House law amid differences over election    CAF draws timeline for resumed continental championships amid COVID-19    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Egypt's domestic debt exceeds EGP 4tn in December 2018: CBE
The CBE said in its monthly report on Tuesday that the domestic debt reached 78.2% of GDP.
Published in Daily News Egypt on 22 - 05 - 2019

The domestic public debt of Egypt reached EGP 4.1049tn at the end of December 2018, against EGP 3.887tn at the end of September 2018, up by EGP 220bn (5.66%), according to the Central Bank of Egypt.
The CBE said in its monthly report on Tuesday that the domestic debt reached 78.2% of GDP.
CBE added that this debt includes 85.3% owed by the government, 8.3% owed by public economic authorities, and 6.4% owed by the National Investment Bank.
According to the CBE, the net government domestic debt amounted to EGP 3.50tn at the end of December 2018, an increase of EGP 383bn compared to December 2017.
The net debt of public economic authorities amounted to EGP 340bn at the end of December 2018 with an increase of EGP 22.3bn compared to December 2017, while the net debt of the National Investment Bank reached EGP 263.1bn, with an increase of EGP 6.1bn compared to December 2017.
Moreover, Egypt's external debt rose to $96.6bn at the end of 2018, compared to $82.8bn in 2017, an increase of 4.3%.

Clic here to read the story from its source.