Egypt's current account hits deficit of $4.301 bn in first half of 2014/15

Reuters , Thursday 19 Mar 2015

Egypt's current account deficit stood at $4.301 billion between July and December 2014, compared with a deficit of $866.0 million in the same period the previous year, the central bank said on Thursday.

Arab Gulf countries have given or pledged to Egypt $35 billion in aid in the form of oil shipments, cash grants and deposits in Egypt's central bank since 30 June 2013. 

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