Egypt achieves record primary budget surplus of EGP 629bn despite sharp fall in Suez Canal revenues
[Daily News Egypt - Egypt] - 16/08/2025
Egypt recorded its highest-ever primary budget surplus in fiscal year 2024/2025, reaching EGP 629bn ($13.2bn), equivalent to 3.6% of GDP, the presidency announced on Saturday. The figure represents an 80% increase compared with the previous year, despite a steep decline in Suez Canal revenues. (…)
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