Home
Egypt's trade deficit fell after the liberation of the exchange rate
7/3/2017 0:00
[rtl]
Cairo / BBC
Central Agency for Public Mobilization and Statistics in Egypt revealed the decline in thetrade deficit fell 40.5 percent in December compared to read the same month of theprevious year, driven by a large decline in imports exceeded $ 1.6 billion.
The sequence of the Iraqi community located in Egypt , the reality and the mechanisms of the Egyptian economy is related to the standard of living for a large segment of families stationed there.
He said a statement issued by the machine that the deficit in the Egyptian trade balance fell to $ 2.38 billion compared to reading in December 2015 , which recorded a trade deficit of $ 4 billion. The value of exports fell by 1.3 percent, reaching $ 2.01 billion during the month of December 2016 compared with $ 2.04 billion for the same month of the previous year, according to the statement.
The decline in the volume of Egyptian imports by about $ 1.6 billion in December last, by 27.3 percent, recorded 4.39 billion dollars compared to December 2015 exports , which recorded $ 6.03 billion.
Wheat came in the forefront of imports , which saw a decline as the percentage change amounted to 41.6 percent, while imports of plastics (plastics industry inputs) tumbled by 29.7 percent, and the fall in imports of basic materials such as iron and steel by about 18.1 percent.
Egypt 's central bank has decided to edit the Egyptian pound exchange rate against the US dollar last November, which led to a dramatic rise in the US dollar against the pound to levels that exceeded 19 pounds compared to the price of fixed exchange by the editorial decision by the central bank at about 8.88 pounds.
The doubling of the dollar 's exchange rate against the pound key cause of the decline in imports in Egypt , which imports about two - thirds of the necessary needs of the citizens, since declined many importers from bringing in large amounts of basic and essential commodities due to the high exchange rate and the difficulty of obtaining hard currency since the decision to float the
pound . [/rtl]
[rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=133077[/rtl]
» He collected 80 signatures to hold an emergency session of Parliament regarding the rise in the pric
» Economist: “WhatsApp” groups control the dollar.. This is what must be done to reduce prices
» 100 dollars for the “distress” .. This is how the dollar is smuggled after the application of the el
» Parliament finishes reading the draft law ratifying the avoidance of double taxation agreement
» Iraqi parliamentarians: There are no solutions to the dollar crisis except with the commitment of th
» Document.. a complaint against Al-Alaq and Makhif for "passing forged import documents"
» Parliament finishes the first reading of a bill regarding compensation for oil pollution damage
» A parliamentary request to host Al-Sudanese to clarify his procedures regarding the dollar crisis
» Sudanese diplomacy in the eyes of the London press.. rapprochement with the Arabs and maneuvering be
» Al-Halbousi sets a "critical" date for choosing the heads of parliamentary committees
» A deputy raises the “conclusive evidence” document: the tax authority building fire was caused by an
» Parliament finishes the first reading of the draft law for the Institute of Police Commissioners
» An economist describes the Central Bank's measures regarding the dollar crisis as "inadequate": it w
» As he continues to demand money from Baghdad, the region's oil revenues exceed one billion dollars
» Withdrawal or stay?.. The position of the Kurds towards the Sudanese government and the political pr
» The Ministry of Interior restores the registrations of citizens in the areas covered by Article 140
» Parliamentarian: The dollar crisis is political and the government is working to dismantle it
» Parliament ends the first reading of two bills
» Al-Sudanese advisor presents a "national solution" to confront the rise in dollar prices
» Deputy Speaker of Parliament: A political party instructed the Minister of Finance to stop the regio
» The House of Representatives holds its third session, headed by Al-Halbousi
» We will negotiate with Washington.. Al-Sudanese acknowledges the existence of a rise in prices and c
» The House of Representatives holds its session under the chairmanship of Muhammad Al-Halbousi
» Al Mandalawi: The tourism sector in Iraq has all the ingredients for success
» Al-Maliki's coalition reveals the mechanism and date for settingtling the heads of parliamentary com
» Al-Halbousi chairs the consultative meeting of the Arab Inter-Parliamentary Union
» Al-Sudani and Macron sign the strategic partnership agreement
» Anticipation of new measures to surround the "dollar crisis"
» UNESCO: Iraq spends only 6% on education
» Parliament is discussing reducing Internet fees and increasing its speed
» Transportation: The dry canal is among our strategic projects
» Samawa desert.. Promising investment opportunities
» Babel Investment: We face obstacles that hinder our work
» Anticipation of new measures to contain the {dollar crisis}
» The start of the meeting of the political bureaus of the Kurdistan Democratic Party and the Patrioti
» Iraq announces the suspension of consular work in Ukraine
» "He did not name it".. Shah Wan Abdullah: A political party instructed the Minister of Finance to st
» Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the cu
» Justice responds to Al-Dahlaki and sends investigative committees to the "Hot of Nasiriyah"
» He signed a "strategic agreement for more than 50 articles with France" .. Al-Sudani returns to Bagh
» Iraqi parliamentarians: There are no solutions to the dollar crisis except with the commitment of th
» Fouad Hussein asks Morocco to allow Iraqis to visit its lands and to provide them with facilities
» A judicial complaint against the former and current governors of the Iraqi Central Bank. Document
» “Sales diplomacy.” South Korea strengthens its presence in Iraq and the region’s markets
» About 2.5 million barrels of Iraqi oil exports to Jordan
» Al-Sudani: The entry of French companies into Iraq for investment will be a right decision
» Minister of Health: The Health Insurance Law Protects Those Who Are Incapable of "Catastrophic Payme
» The sales of the Iraqi Bank are close to half a billion dollars in a week
» To face the consequences of the dollar.. the financial advisor proposes that the state intervene to
» The International Islamic Bank launches the documentary credit service for the government sector
» SOMO: Iraq exported about 2.5 million barrels to Jordan in 2022
» 300 thousand counterfeit dollars were about to spread in the Iraqi market
» “He did not name it.” Shah Wan Abdullah: A political party instructed the Minister of Finance to sto
» Masrour Barzani and McGurk discuss the recent Federal Court decision and the outstanding problems be
» National Security confiscated more than half a million liters of smuggled oil
» Nechirvan Barzani discusses with Erdogan the situation in Kurdistan and Iraq and ways to enhance coo
» Rewaz Faiq: The Federal Court's decision distorts the understandings between Erbil and Baghdad
» Iraq is approaching the Arabs... and is maneuvering with Tehran and Washington after the "Gulf 25" s
» A judicial ruling deepens the crisis between Baghdad and Erbil
» Episode One: Pompeo tells the details of Soleimani's assassination...and considers the Tehran regime
» Al-Shammari and the Secretary-General of the Council of Arab Interior Ministers are discussing the e
» Basra crude closed on a weekly gain, exceeding $77
» The stability of the dollar exchange rates at 161 thousand dinars
» Sudanese advisor puts forward proposals to counter the continued rise in the exchange rate
» Morocco lifts the seizure of Iraqi funds for the Al-Rasheed and Al-Rafidian banks
» Al-Sudani: The budget law will contribute to resolving the bulk of the issue of financial transfers
» The Ministry of Justice denies the existence of cases of torture in the prisons of the correctional
» Deputy: Employees' salaries were affected due to the continued rise of the dollar
» Iraq and France sign memorandums of understanding in the fields of medical research, archeology and
» Al-Sudani returns to Iraq after the conclusion of his visit to Paris
» Iraq is outside the list and Kuwait is at the forefront in the Arab world... a list of the longest b
» The exchange rates of the dollar in the Iraqi market today
» Revealing the secrets of his assassination.. Pompeo: Soleimani is behind the killing of more than 60
» "Trafigura" announces the termination of the oil deal with the Kurdistan region after failing to neg
» Morocco lifts the seizure of Iraqi funds for the Al-Rasheed and Al-Rafidian banks
» Iraq announces the reopening of the Moroccan embassy in Baghdad
» Independent deputy: Al-Sudani's visit to Washington is the only and last solution to the crisis of t
» The Prime Minister is discussing in Paris providing Iraq with specialized radars and combat aircraft
» The Prime Minister is discussing with the delegation of Alstom Transport Company the suspended Baghd
» Prime Minister: We need a new style of relationship with the international coalition, and our financ
» An expert hints at the stability of the dollar at a certain number: two options before the dinar det
» It provides thousands of job opportunities and millions of dollars.. Can Iraq implement the "transit
» Pompeo's memoirs.. Al-Abadi told me: You take my money and Soleimani will take my life
» Iraq gets about $100 million annually from aircraft crossing its airspaceproposals from
» Iraq.. 12 million citizens do not receive 200,000 dinars per month
» 100 dollars for the “hardship” .. This is how the dollar is smuggled after the application of the el
» Iraq wants to buy French Rafale aircraft
» In detail... Iraq and France sign a memorandum of understanding in the field of combating corruption
» Transport reviews the details of a "giant project" linking Iraq with Europe
» Sheikh Jamal Al-Dari: Iraq's signing of the strategic partnership agreement with France is an import
» Legal experts: The Federal Court is unconstitutional and “political tensions” are behind the decisio
» Fouad Hussein: Al-Sudani and Macron did not address the recent Federal Court decision
» Foreign Ministry: Iraq seeks to recover smuggled funds by signing memorandums of understanding
» Parliamentary Finance: The dollar is available in the Central Bank, and banks refrain from buying it
» Al-Samarrai on the Paris Agreement: It represents a transition that the Iraqis have been waiting for
» "Exceptional circumstances" suspend the work of the Iraqi embassy in a European country
» This Is How The Dollar Crisis Was Made.. And This Is How The Sudanese Became! C 2
» 4 parliamentary questions looking for the "secret" of depositing Iraq's money in the US Federal Rese