Egypt’s External Debt Exceeds $124 Billion

Source: Egyptian Institute for Studies

Author(s): Mamdouh Al-Wali

Original Link:

The Egyptian external debt has been escalating since the army  took over in July 2013, reaching $123.5 billion by the end of June 2020, compared to $43.2 billion at the end of June 2013, that is a rise of $80.3 billion, a growth rate of 186%, and an average annual increase of $11.5 billion during the past seven fiscal years.

Read more at original link

Skip to toolbar