Egypt's external debt rose to $137.85 billion at the end of last June, compared to $123.5 billion in June 2020, a growth of 11.16% during the last fiscal year.
The increase in the fourth quarter of the fiscal year amounted to $3.02 billion from its level of $134.84 billion in March, according to Al Borsa newspaper.
The Central Bank said that Egypt's long-term external debt amounted to 124.14 billion dollars, compared to 121.579 billion dollars in the previous March, and that its ratio rose to 90% of the total balances of the country. Egypt's external debt.
At the same time, the Central Bank stated that the short-term foreign debt rose to $13.716 billion last June, compared to $13.261 billion in March, an increase of about $454 million. /p>
The increase was driven by an increase in the government's external debt balances to $82.445 billion, compared to $80.491 billion, an increase of $1.95 billion.
The World Bank database revealed that Egypt had to pay $15.78 billion during the first quarter of the current fiscal year, and during the period from October to December 2021 it had to pay $7.5 billion. $, and during the first quarter of 2022 it is due to pay $ 8.49 billion and during the second quarter of the year it is due to pay $ 8.74 billion, with total balances due during the year from June 2021 to 2022 amounting to $ 40.5 billion, Gulf deposits, which are constantly replenished, represent a large part of them.
