{"id":605179,"date":"2018-12-24T04:34:13","date_gmt":"2018-12-24T04:34:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-expects-usd-86-7-bn-in-foreign-currency-inflows-into-egypt-during-2019\/"},"modified":"2018-12-24T04:34:13","modified_gmt":"2018-12-24T04:34:13","slug":"govt-expects-usd-86-7-bn-in-foreign-currency-inflows-into-egypt-during-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-expects-usd-86-7-bn-in-foreign-currency-inflows-into-egypt-during-2019\/","title":{"rendered":"Gov\u2019t expects USD 86.7 bn in foreign currency inflows into Egypt during 2019"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <b>Gov\u2019t expects USD 86.7 bn in foreign currency inflows throughout 2019: <\/b>The government is expecting 2019 to see USD 86.7 bn in foreign currency inflows, government sources <a href=\"https:\/\/www.youm7.com\/story\/2018\/12\/23\/87-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A5%D9%8A%D8%B1%D8%A7%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D8%A7%D9%84%D8%B5%D8%B9%D8%A8%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D9%88%D9%82%D8%B9%D8%A9-%D9%84%D9%85%D8%B5%D8%B1-%D9%85%D9%86-7\/4077114\">told Youm7<\/a>. The inflows include:<\/p>\n<ul>\n<li>Exports \u2014 USD 27 bn<\/li>\n<li>Remittances \u2014 USD 26 bn<\/li>\n<li>Tourism \u2014 USD 11 bn<\/li>\n<li>Foreign direct investment \u2014 USD 9 bn<\/li>\n<li>Suez Canal \u2014 USD 5.7 bn<\/li>\n<li>Foreign currency-denominated bonds \u2014 USD 4 bn<\/li>\n<li>IMF facility (fifth and sixth tranches) \u2014 USD 4 bn <\/li>\n<\/ul>\n<p>Egypt\u2019s net foreign reserves have doubled since the central bank floated the EGP in November 2016 but have more or less remained steady in recent months, standing at USD 44.513 bn by the <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/05\/egypts-fx-reserves-reach-usd-44-513-bn-at-end-november\/\">end of November<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gov\u2019t expects USD 86.7 bn in foreign currency inflows throughout 2019: The government is expecting 2019 to see USD 86.7 bn in foreign currency inflows, government sources told Youm7. The inflows include: Exports \u2014 USD 27 bn Remittances \u2014 USD 26 bn Tourism \u2014 USD 11 bn Foreign direct investment \u2014 USD 9 bn Suez [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2234,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605179","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-foreign-exchange","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5f5718ea-ac82-40b7-aa8b-0538832b084b","order":"0","is_powered_by":true,"section_story_id":"7c83ee35-3833-499c-805a-dfdd1ecbcc19","story_type":"1","photo_url":"","photo_position":"above","related_issue":[605171],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gov\u2019t expects USD 86.7 bn in foreign currency inflows into Egypt during 2019 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-expects-usd-86-7-bn-in-foreign-currency-inflows-into-egypt-during-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t expects USD 86.7 bn in foreign currency inflows into Egypt during 2019\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t expects USD 86.7 bn in foreign currency inflows throughout 2019: The government is expecting 2019 to see USD 86.7 bn in foreign currency inflows, government sources told Youm7. 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The central bank also said it provided USD 24 bn since the flotation to finance international trade as well as USD 6.34 bn in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571557,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/egypts-fresh-imf-support-packages-will-help-boost-investor-confidence-portfolio-inflows-fitch\/","url_meta":{"origin":605179,"position":1},"title":"Egypt\u2019s fresh IMF support packages will help boost investor confidence, portfolio inflows -Fitch","author":"enterpriseam admin","date":"17 May 2020","format":false,"excerpt":"Fresh funding from the IMF will help boost investor confidence in Egypt as portfolio outflows from emerging markets begin to reverse, Fitch Ratings said on Thursday. The government received last week a USD 2.8 bn rapid financing instrument (RFI) and is looking for as much as USD 5.5 bn under\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/170.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602678,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/03\/iif-expects-egypt-to-see-usd-12-15-bn-of-net-foreign-inflows-in-fy2018-19-says-economy-will-grow-5-5-this-year\/","url_meta":{"origin":605179,"position":2},"title":"IIF expects Egypt to see USD 12-15 bn of net foreign inflows in FY2018-19, says economy will grow 5.5% this year","author":"enterpriseam admin","date":"3 April 2019","format":false,"excerpt":"Egypt will see net capital inflows of between USD 12 and USD 15 bn by the end of the current fiscal year, the Institute of International Finance (IIF) said in a research note (paywall). 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