The Central Bank of Egypt (CBE) has reported a significant decline in Egypt’s external debt, which decreased by approximately $11.8 billion during FY 2023/2024. By June 2024, the country’s …
fiscal consolidation
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S&P Global Ratings follows Moody’s in recognizing Egypt’s economic turnaround, upgrading the country’s credit outlook from stable to positive. This positive revision stems from decisive actions by Egyptian authorities to …
