public debt
Experts warn against growing public debt
Business
July 2, 2014
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
October 22, 2012
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
September 11, 2012
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
November 18, 2011
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
July 20, 2010
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
January 9, 2010
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…