Egypt's external debt decreases by $14 billion in 5 months - Egypt Independent

Egypt Independent

Independent: Al-Masry Media Corporation

Egypt's external debt decreases by $14 billion in 5 months - Egypt Independent

Egypt’s external debt has decreased to $153.9 billion at the end of May 2024, compared to $168 billion at the end of last year, according to an official statement quoting an anonymous central bank official. Egypt received $35 billion in Emirati support in March through the “Rass Al-Hikma” deal, including an $11 billion deposit with …