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Finance Ministry Aims to Boost Debt Sustainability
The Egyptian government is aiming to reduce the public debt-to-GDP ratio to 70% over the next three years through an ambitious strategy designed to ease debt burdens. Egypt's credit rating has been reaffirmed, reflecting the resilience of its economy and the effectiveness of economic reforms. In a different context, experts highlighted South Korea's importance as a partner in advanced industries, noting that 2.5 million housing units have been registered via the property tax application, with discounts of up to 25% offered.
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