Egypt’s external debt sees new rise despite Ras al-Hekma deal funds
[Egypt Independent - Egypt] - 11/02/2025
Egypt’s external debt rose again during the first quarter of fiscal year 2024-2025 compared to the last quarter of the previous year, even despite the inflow of funds from the Ras al-Hekma land deal signed by Egypt with the UAE. The country’s external debt rose on a seasonal basis by 1.5 percent (…)
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