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General Category => Africa => Egypt => Topic started by: rau on May 26, 2025, 11:38:10 AM

Title: Economist says Egypt?s debt servicing bill exceeds 50% of public spending
Post by: rau on May 26, 2025, 11:38:10 AM
Economist says Egypt?s debt servicing bill exceeds 50% of public spending

Economic expert Nermin Tahoun said that Egypt’s debt servicing bill currently exceeds 50 percent of public spending, which poses a major challenge for the state. She added that the Finance Ministry’s announcement of a primary surplus of 3.1 percent of GDP from the July 2024-April 2025 period strongly indicates improved public financial management, and provides …


The post Economist says Egypt’s debt servicing bill exceeds 50% of public spending appeared first on Egypt Independent.


Source: Economist says Egypt?s debt servicing bill exceeds 50% of public spending (https://www.egyptindependent.com/economist-says-egypts-debt-servicing-bill-exceeds-50-of-public-spending/)
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