Egypt's Al-Mashat receives Global Leadership Award in Doha, highlights $97bn African FDI    Egypt exports 150,000 m3 LNG cargo to Türkiye via Shell    Egyptian government, central bank step up coordination on key economic policies    Egypt's stock benchmark EGX30 hits all-time high on Monday, 08 Dec.    Israel escalates military action in Gaza, violates ceasefire amid rising casualties    Egypt reviews plans for first national medical simulation centre    Al-Sisi, Haftar discuss Libya stability, call for withdrawal of foreign forces    GAFI unveils updated framework for financial valuation, due diligence    EBRD, National Bank of Egypt sign $100m facility to support small businesses    Egypt, Qatar press for full implementation of Gaza ceasefire    Egypt calls for inclusive Nile Basin dialogue, warns against 'hostile rhetoric'    Egypt, China's CMEC sign MoU to study waste-to-energy project in Qalyubia    Egypt joins Japan-backed UHC Knowledge Hub to advance national health reforms    Egypt launches 32nd International Quran Competition with participants from over 70 countries    Al-Sisi reviews expansion of Japanese school model in Egypt    Egypt declares Red Sea's Great Coral Reef a new marine protected area    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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.
Hossam Mounir 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.