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Egypt’s local public debt hits EGP 3.414tn end-2017: CBE

Egypt’s local public debt rose to EGP 3.414tn at the end of December 2017, compared to EGP 2.16tn in June 2017, of which 84.7% was due from the government, 8.2% from public economic bodies, and 7.1% from the National Investment Bank (NIB), according to the Central Bank of Egypt (CBE). The CBE said, in its …

Hossam Mounir

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