Latest in Tag: deficit Highlight

Latest in Tag: deficit


Egypt Q4 balance of payments deficit $5.7 bln

By Patrick Werr / Reuters CAIRO: Egypt’s balance of payments slid into a deficit of $5.65 billion in the politically-fraught final quarter of 2011, turning around a year-earlier surplus of $557.0 million, central bank figures indicated on Sunday. Egypt’s economy had been hammered by a year of turmoil since its popular uprising, which scared away tourists …

DNE

Egypt Jul-Dec balance of payments in $8 bln deficit

By Reuters CAIRO: Egypt’s central bank said on Sunday the country’s balance of payments swung into a deficit of $8.0 billion in the last half of 2011 from a year earlier surplus of $571.7 million. Egypt’s economy was hammered by last year’s popular uprising, which scared away tourists and investors and triggered a series of worker …

DNE

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