public debt

Experts warn against growing public debt
Business

Experts warn against growing public debt

Several economic experts have warned against surpassing the safe limits of the accumulated interest on public debt. The local and foreign…
Egypt makes top 10 list of countries not likely to pay back debt
Business

Egypt makes top 10 list of countries not likely to pay back debt

Egypt was named as the 10th riskiest debtor in the world in a study by CMA Sovereign Global, a research…
Egypt public debt reaches record LE1.386 trillion
Business

Egypt public debt reaches record LE1.386 trillion

Domestic public debt in Egypt has reached an unprecedented LE1.386 trillion according to Finance Ministry indices based on a report…
Finance minister: Egypt will accept IMF funding package
Business

Finance minister: Egypt will accept IMF funding package

Egypt intends to accept a funding package of US$3.2 billion from the International Monetary Fund (IMF) it had rejected earlier…
NIB owed LE8 billion by public firms, bank says
Business

NIB owed LE8 billion by public firms, bank says

Public-sector companies owe Egypt's National Investment Bank (NIB) approximately LE8 billion, according to a bank estimate. Meanwhile, a prominent government…
Egypt’s local public debt hits new high
Business

Egypt’s local public debt hits new high

Egypt’s local public debt has exceeded LE689 billion for the first time in the country’s history, a report by the…
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