23 Hrs
Source:
مأرب برس
Al-Dhalea fronts: Defense Minister urges preparedness
The article highlights Egypt's outstanding public debt owed by the government, which amounted to approximately 18 trillion Egyptian pounds between 2018 and 2026, representing up to 84% of the GDP in 2023. Data indicates that Egypt's debts have continued to rise, approaching an unprecedented level, raising concerns about their impact on the economy and the sustainability of financial resources. The analysis explores the reasons behind the increasing debt, including budget deficits and the high costs of infrastructure projects, and reviews recommendations to improve public debt management and reduce dependence on borrowing, to ensure long-term economic stability.
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