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English news

08-Feb-2018

External debt rises to USD80.8bn by September

Egypt’s foreign debt rose to USD80.8bn in 1Q17-18 (3Q17), up 2.3% Q-o-Q, Central Bank data showed on Wednesday. The ratio of foreign debt to GDP reached 36.2% as of end-September. That is “still within the safe limits according to international standards,” the Central Bank said in a report in December.
 

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