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Egypts Debt

FinMin highlights ambitious economic strategy, key financial policy priorities to foreign investors

These include simplifying the tax system, enhancing partnerships with taxpayers, and reducing uncertainty surrounding administrative costs, according to an official statement from the Ministry of Finance

Kouchouk shares plan to sell new USD-denominated bonds in FY2024 with foreign investors

Egypt’s dollar-denominated notes due in 2047 were trading above 80 cents on the dollar as of Friday, the highest level since 2022, according to data compiled by the international news outlet

FinMin highlights new EGP 50B tourism initiative, strategies to reduce gov’t debt, and more

Kouchouk unveiled a series of strategic priorities and initiatives during his first open dialogue with the business community at the American Chamber of Commerce (AmCham) in Cairo yesterday

A look at Egypt’s public debt-to-GDP ratio | Infograph

According to data collected by Business Today Egypt, the country’s fiscal policies have had a positive impact, with public debt estimated to have been significantly reduced if not for external macroeconomic factors.

PM and FinMin discuss public debt strategy and fiscal discipline

The meeting also addressed the government’s strategies for maintaining fiscal discipline and ensuring that the debt-to-GDP ratio continues to decline