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Egypt is targeting a debt to GDP ratio of 75 percent to 80 percent in the next four years, said Finance Minister Mohamed Maait on Tuesday.
He also said that the government recorded a primary surplus of 157 billion Egyptian pounds ($5.09 billion) in the 2022-23 fiscal year which ended in June.
The Prime Minister Moustafa Madbouly, also added on Tuesday that Egypt is committing to paying all its debts.
