Egypt’s Debt-to-GDP ratio dropped to 89% in previous fiscal year: Finance Ministry

Mon, 29 Jul 2024 - 03:43 GMT

Looking ahead, the government targets a further reduction to 88.2 percent of GDP by the end of FY2024/2025

Egypt targets debt-to-GDP ratio to drop to 75% by 2027, Finance Minister

Tue, 26 Dec 2023 - 04:40 GMT

Finance Minister Mohamed Maait shared that Egypt aims to lower the debt-to-GDP ratio to 75 percent by 2027 in a recent statement, noting that Egypt reported a drop to 95.7 percent in June 2023