External debt growth slows in 1Q2018-19, CBE says: Egypt’s external debt grew to USD 93.1 bn in 1Q2018-19, growing rising at a 0.5% clip, compared to a 4.8% q-o-q rate in the previous quarter, according to the CBE’s monthly statistical bulletin (pdf). Gross domestic debt rose to EGP 3.887 tn in 1Q2018-19 from EGP 3.696 tn in the previous quarter, and EGP 3.314 tn during the same quarter a year earlier. Treasury bonds and bills account for EGP 3.511 tn or about 90% of the debt, compared to 92% the previous quarter.

Tags: