Source: Egyptian Institute for Studies
Author(s): Mamdouh Al-Wali
Original Link: https://en.eipss-eg.org/egypts-external-debt-exceeds-124-billion/
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.
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