Home Northern Africa Egypt’s external debt is at US$ 137.42 billion

Egypt’s external debt is at US$ 137.42 billion

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  • Egypt’s external debt declined US$439 million at the end of the first quarter of the current fiscal year 2021/22, recording  US $137.420 billion, compared to US$137.859 billion in the fourth quarter of the previous fiscal year
  • The short-term foreign debt declined by about US$2.236 billion to record about US$11.480 billion at the end of last September. It was US$13.716 billion at the end of last June.

Egypt’s external debt declined US$439 million at the end of the first quarter of the current fiscal year 2021/22, recording  US $137.420 billion, compared to US$137.859 billion in the fourth quarter of the previous fiscal year. This information was revealed by the Central Bank of Egypt (CBE).

The short-term foreign debt declined by about US$2.236 billion to record about US$11.480 billion at the end of last September. It was US$13.716 billion at the end of last June.

The long-term foreign debt rose within the three months by US$1.757 billion to record about US$125.9 billion at the end of September 2021.  It was  US$124.143 billion at the end of last June.

The central bank indicated that the government’s total foreign debt rose by about US$187 million, to reach US$82.632 billion at the end of September 2021, compared to US$82.445 billion at the end of June 2021.

The external debt of the Central Bank decreased by US$641 million to US$24.925 billion at the end of last September, compared to $25.566 billion at the end of last June.

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