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" current account deficit"

29 results

Business - Economy
1/6/2024 7:05:33 PM
Egypt’s current account deficit decreased by 12.1 percent to $2.8 billion during the period between July and September 2023, compared to $3.2 billion a year prior, according to the data released by the Central Bank of Egypt (CBE) on Thursday.

Business - Economy
5/25/2023 2:57:12 PM
Egypt's GDP growth is expected to increase to 4.8 percent in FY 2023/24, up from 4.4 percent in the current FY, according to the African Economic Outlook 2023.

Business - Economy
5/3/2023 2:21:10 PM
Egypt's current account deficit fell by 77.2 percent to around $1.8 billion during the first half (H1) of the current fiscal year (FY) 2022/23, compared to about $7.8 billion in the corresponding period a year earlier, according to data released by the Central Bank of Egypt (CBE) on Wednesday.

Business - Economy
4/6/2023 8:13:33 PM
The World Bank has revised down its forecasts for Egypt’s real GDP growth in FY2022/2023 and FY2023/2024 to four percent in each of these two fiscal years, down from 4.5 percent it projected in December of 2022.

Business - Economy
2/3/2023 11:27:00 AM
Egypt’s balance of payments (BOP) witnessed an improvement in the first quarter of FY2022/2023 (July-September), as the current account deficit has narrowed by 20.2 percent to post $3.2 billion compared to $4 billion in the same period of the preceding fiscal year, the Central Bank of Egypt (CBE) announced on Thursday.

Business - Economy
10/5/2022 7:38:54 PM
Egypt’s current account deficit shrank in FY2021/2022 by 10.2 percent, registering $16.6 billion, down from $18.4 billion recorded in the preceding fiscal year, the Central Bank of Egypt announced on Wednesday.

Business - Economy
12/15/2021 1:15:47 PM
Foreign investments in Egypt’s local-currency debt instruments market have rebounded after experiencing a drop amid the pandemic, helping the country to finance its larger current account deficit resulting from continued strong domestic demand and a decline in tourism revenue, which has also begun to recover, Fitch Ratings said in a new report.

Business - Economy
5/10/2021 2:21:35 PM
External debt grew by 4.6 percent by the end of December 2020, reaching $129.2 billion compared to the end of FY2019/20, with an increase in debt services of $7.8 billion recorded in the 1H of FY2020/21, according to the CBE

Al-Ahram Weekly - Economy
5/3/2021 9:33:00 AM
Egypt’s current account deficit increased by half in the second quarter of 2020-21

Business - Economy
4/13/2021 11:54:40 AM
Remittances from Egyptian workers abroad rose to $7.49 billion in October-December from $6.96 billion a year earlier

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 2:13:37 PM
The CBE attributed the 'temporary increase' to the drop in services surplus by 78.3 percent to register $876.3 million, down from $4 billion

Business - Economy
1/31/2021 11:26:13 PM
Revenues from tourism plunged to $801 million in July-September from $4.2 billion a year earlier, the central bank said

Business - Economy
12/1/2020 1:37:10 PM
The report revealed that the current account deficit incresaed to $11.2 billion from $10.9 billion in F 2018/19

Business - Economy
11/30/2020 8:36:01 PM

Business - Economy
4/2/2019 9:34:16 AM

Business - Economy
1/11/2019 11:59:51 AM

Business - Economy
10/2/2018 10:22:23 AM

Business - Economy
6/28/2018 1:14:09 PM

Business - Economy
4/3/2018 7:57:47 PM
Egypt saw an improvement in the main sources of gross national income, the CBE said

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