Egypt’s external debt records $168.03bln in Q4 2023

AFP

This increase came after a drop of about $840 million during the past two quarters of the current fiscal year (FY) 2023/2024

Staff Writer, Arab Finance

April 1, 2024

PHOTO

Egypt’s external debt surged by around $3.51 billion in the fourth quarter (Q4) of 2023, hitting $168.034 billion, Asharq Business reported, citing data from the Ministry of Planning and Economic Development.

This increase came after a drop of about $840 million during the past two quarters of the current fiscal year (FY) 2023/2024.

In Q3 2023, the country’s external debt stood at $164.52 billion.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO