Latest in Tag: Domestic Debt Highlight
Latest in Tag: Domestic Debt
The CBE said in its monthly report on Tuesday that the domestic debt reached 78.2% of GDP.
Ratio of external debt to GDP registers 16.4% compared to 17.3% YoY, the CBE said
Debt has risen unprecedentedly since March 2012, reaching EGP 1.089tn, or 80% of the nation’s GDP, the Ministry of Finance said in a report published in March 2012.
Qatari, Libyan and Turkish loans represent main reasons of foreign debt gap, say experts