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Infograph: Egypt overall debt trajectory in 9 fiscal years

Egypt’s overall debt decreased by approximately seven percent in FY2023/2024 to 89 percent of the GDP, down from 95.70 percent in FY2022/2023.
01.08.24 | Source: Ahram Online

Many reasons stand behind the debt rise in FY2022/2023 compared to FY2021/2022, including geopolitical tensions, shortage of US dollar liquidity, and the $17 billion financing gap which led the government to rely heavily on borrowing.

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