Home MoneyBanks Egypt’s domestic debt hikes to 3.61 trillion pounds at June-end

Egypt’s domestic debt hikes to 3.61 trillion pounds at June-end

by Yomna Yasser

Egypt’s domestic debt rose to 3.160 trillion Egyptian pounds ($179 billion) at the end of June, the central bank said on Monday.

The rise brings Egypt’s domestic borrowing to 91.1 percent of the GDP at the end of June.

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