17 Hrs
الوطن
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الوطن

2026-11-11T20:22:24.000Z

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Debt below 70% by 2030

Debt below 70% by 2030

The Egyptian government aims to reduce the debt of budget-sector entities to 69.5% of GDP by 2030—below 70%—while adhering to ceilings on public and external debt management and sovereign guarantees. Cabinet spokesperson Counselor Mohamed Adel said the debt ratio had fallen by about 14 percentage points, from 95.7% in June 2023 to 81.9% in June 2026.

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