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Central: Egypt's domestic debt increases 19% to 4.204 trillion pounds at the end of March

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Central: Egypt's domestic debt increases 19% to 4.204 trillion pounds at the end of March Empty Central: Egypt's domestic debt increases 19% to 4.204 trillion pounds at the end of March

Post by rocky on Wed 11 Sep 2019, 4:15 am

Central: Egypt's domestic debt increases 19% to 4.204 trillion pounds at the end of March

Central: Egypt's domestic debt increases 19% to 4.204 trillion pounds at the end of March 5988




Egypt's total domestic public debt rose 18.8 percent year-on-year to 4.204 trillion pounds ($ 256.2 billion) at the end of March, data from the central bank showed.
The country's external debt rose 20.4 percent year-on-year to $ 106.221 billion at the end of March.
Egypt has a difficult foreign debt repayment schedule for the next two years, and is trying to broaden its investor base, extend maturities and borrow at lower interest rates.


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