Egypt’s external debt drops to $160.6b in Q3 of ’23-’24

Egypt’s external debt dropped to $160.6 billion by the end of the third quarter (Q3) of fiscal year 2023/2024, down from $168.03 billion in Q2 of the same fiscal year, a decrease of $7.4 billion.

The long-term external debt dropped to $135.257 billion by the end of Q3 of FY 23-24, down from $138.551 billion in the Q2 of the same FY. Meanwhile, short-term debt fell to $25.350 billion at the end of Q3 of FY 23-24, compared to $29.482 billion in Q2 of the same FY.

Attribution: Central Bank of Egypt data