The Central Bank's May report revealed that Egypt's foreign reserves dropped by US$7.2 billion in ten months, to stand at US$28 billion as of the end of April.
The report also said that foreign debt went up by US$1.3 billion (3.9 percent) to reach US$35 billion as of the end of December.
According to the report, the servicing on foreign debt went up by US$64.6 million to reach US$1.4 billion between July and December 2010.
The total domestic debt stood at LE962 billion as of the end of December, of which the government is liable for 76.8 percent, with other public economic authorities liable for the rest.
Translated from the Arabic Edition
