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Egypt Debt to Decline Below 90% of GDP by June

Egypt’s debt should fall below 90% of gross domestic product by the end of the fiscal year on June 30, Finance Minister Mohamed Maiit told a news conference on Wednesday in Cairo, exceeding the government’s prior expectations.

Prime Minister Mostafa Madbouly disclosed that the country’s total export revenue reached a record high of $45.2 billion in 2021

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