Balance of Payment

Egypt’s balance of payments hits $523.5M surplus by end of September: CBE

Thu, 02 Feb 2023 - 05:09 GMT

The CBE attributed the surplus to the growing revenues of tourism, Suez Canal as well as petroleum and non-petroleum exports.

Egypt's BoP records deficit of $7.3B in 9 months

Sun, 07 Aug 2022 - 02:45 GMT

According to the statement, the current account during the period from July to the end of last March amounted to about $13.5 billion.

CBE: Balance of payment realizes total surplus of $311.4M in Q1 of current fiscal year

Wed, 02 Feb 2022 - 04:16 GMT

In a report issued on Wednesday, the CBE noted that the Egyptian economy is capable of bearing the repercussions of the coronavirus pandemic which cast its shadow on the international economy.

CBE: Balance of payment surplus hits $1.5B in first half of 2020-2021 FY

Tue, 13 Apr 2021 - 12:36 GMT

The bank added that the current transfers ratcheted up by $13.5 percent to record about $15.5 billion against $13.7 billion a year earlier.

Egypt's BOP records deficit of $69.2M in Q1 of 20/21

Mon, 01 Feb 2021 - 03:53 GMT

The current account deficit witnessed an improvement of 27.2 percent, compared to the preceding quarter (April/June 2020) to post $ 2.8 billion (against US$ 3.8 billion).

Egypt's balance of payment records deficit of $8.6B in 2019/20

Tue, 01 Dec 2020 - 03:28 GMT

CBE noted in a report that the current account reached a deficit of $11.2 billion, compared to a$10.9 billion in FY 2018/2019 and $6 billion in FY 2017/2018.

Egypt's balance of payment records surplus of $410.9M in H1 of 2019/20

Mon, 30 Mar 2020 - 06:07 GMT

The current account deficit retreated by $ 684.4 million or 13 percent, to register $4.6 billion.

CBE: BOP surplus hit $ 227.3M in Q1 of FY 2019/2020

Thu, 26 Dec 2019 - 12:01 GMT

The current account deficit narrowed by $ 629.8 million to $ 1.4 billion (compared to $ 2.0 billion), mainly due to the decline in the non-oil trade deficit and the increase in current transfers.

Egypt’s balance of payment records deficit of $1.8B in H1 2018/19

Tue, 02 Apr 2019 - 01:57 GMT

Egypt’s balance of payments recorded a deficit of $1.8 billion during the first half of the fiscal year 2018/2019, compared to a surplus of about $5.6 billion in the first half of 2017/2018.

Egypt’s balance of payment hits surplus of $12.8B

Tue, 16 Oct 2018 - 04:06 GMT

Saeed added that the volume of reserves now covers nine months of imports, compared to three months in 2012.

Egypt’s balance of payment hits surplus of $12.8B

Tue, 16 Oct 2018 - 01:24 GMT

Saeed added that the volume of reserves now covers nine months of imports, compared to three months in 2012.

Support, wages account for 85% of state budget: Minister

Tue, 25 Jul 2017 - 12:37 GMT

Interests, support and wages’ costs, amounting to 85 percent of budget, do not leave a space for spending on infrastructure, education and health.

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