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" Public debt"

108 results

Business - Economy
1/19/2022 12:59:47 PM
Egypt’s gross local public debt increased to EGP 4.7 trillion (81 percent of the country’s GDP) by the end of FY2020/21, up from the EGP 4.3 trillion reached by the end of FY2019/20, with the government owing 87.8 percent of this total, according to the latest data published by the Central Bank of Egypt (CBE).

Business - Economy
12/19/2021 2:21:44 PM
Vitor Gasper, the head of Fiscal Affairs Department at the IMF, discussed in an interview with Ahram Online the implications of the new Global Debt Database figures, which was released on Wednesday, including Egypt’s debt situation.

Business - Economy
12/15/2021 6:10:58 PM
Global debt hiked by 28 percent in 2020 to reach $226 trillion (256 percent of world GDP) as a result of the coronavirus crisis, the International Monetary Fund (IMF) stated on Wednesday.

Business - Economy
6/10/2021 12:47:01 PM
Okamato said that 60 percent of debt issued in emerging markets after January 2020 has ended up on domestic banks’ balance sheets, which is a concerning matter

Business - Economy
4/26/2021 12:33:29 PM
In the past five years, Egypt’s GDP grew to reach EGP 5.9 trillion by the end of FY 2019/20 – up from EGP 3.4 trillion in FY 2016/17, reported the finance ministry

Business - Economy
4/7/2021 6:32:57 PM
Mauro told Ahram Online that the Egyptian authorities appropriately relaxed the fiscal stance to address the crisis, announcing a comprehensive and targeted stimulus package in March 2020

Business - Economy
4/3/2021 12:07:32 PM
The rebound is set to come on the back of a faster than expected recovery in oil prices

Business - Economy
4/2/2021 5:20:34 PM
According to the World Bank, Egypt needs to mobilise its revenues through tapping into its unused assets and reconsidering its taxes system

Business - Economy
3/15/2021 12:04:54 PM
The new financial strategy is meant to decrease public debt to GDP ratio to about 70 percent over the coming four years

World - Region
3/1/2021 4:55:03 PM
Kuwait is facing a liquidity squeeze because of a standoff between government and parliament over the public debt law

Business - Economy
2/4/2021 2:08:23 PM
Egypt’s medium-term strategy will reduce public debt over four years, the director of the IMF’s Middle East and Central Asia department said

Business - Economy
2/1/2021 5:07:35 PM
Egypt’s income tax revenues increased to exceed 250 percent between FY 2014/2015 and FY2019/2020, while value-added tax revenues jumped by 200 percent during the same period

Business - Economy
1/28/2021 3:12:46 PM
The IMF projects deficits to hover around -13.3% in advanced economies, -10.3% in emerging markets, and -5.7% in developing countries

Al-Ahram Weekly - Economy
12/31/2020 9:26:00 AM
The government is overhauling its decades-long problem of ballooning public debt

Business - Economy
11/11/2020 9:52:45 PM
The IMF said in a statement that COVID-19 has elevated the debt vulnerabilities in many countries, adding that low-income countries are witnessing changes in the credit landscape

Business - Economy
11/11/2020 3:45:23 PM
Mohamed Maait made his comments during his participation in a virtual event that kicked off Monday bringing together UK and Egyptian business representatives

Business - Economy
10/6/2020 2:16:51 PM
The IMF says it has provided financing at unprecedented speed and scale to 81 countries, reaching over $280 billion in lending commitments, which is more than a third of that approved since March

Business - Economy
9/2/2020 3:28:41 PM
The coronavirus pandemic has rocked the world economy, but Egypt’s position, while impacted, remains sustainable with medium term recovery prospects good, according to the IMF

Business - Economy
9/1/2020 1:20:13 PM

World - International
7/23/2020 10:03:28 AM
Rome sees its public debt rising to 157.6% of GDP this year

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