Arab Finance: Egypt's total external debt recorded $152.9 billion at the end of the second half of the 2023/24 fiscal year, a decrease of $15.1 billion – or 9% – compared to $168 billion in the first half ending last December, according to For data Central Bank.
Egypt's external debt fell to $153.9 billion at the end of last May, a decrease of $14.2 billion – or 8.4% – from the level recorded at the end of December 2023.
Medium- and long-term debt represented about 83% of the country's total external debt, which amounted to $126.9 billion, while short-term debt represented about $26 billion – that is, 17% of the total external debt.
External debt decreased by $11.8 billion during the 2023/2024 fiscal year, from $164.7 billion at the end of the 2022/2023 fiscal year.
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