国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Egypt's foreign debt up by 16.5 pct in 2018

Source: Xinhua| 2019-05-09 03:48:04|Editor: yan
Video PlayerClose

CAIRO, May 8 (Xinhua) -- Egypt's foreign debt hit 96.6 billion U.S. dollars by the end of 2018, up by 16.5 percent year on year, the Central Bank of Egypt (CBE) said in a statement on Wednesday.

"The foreign debt increased by 13.7 billion dollars in 2018, or 16.5 percent, compared with the previous year," the CBE's statement said.

The statement added that the CBE managed to repay more than 36 billion dollars in foreign debts and liabilities in the past three years.

Egypt's economy has been battered by years of turmoil following the 2011 popular uprising that toppled former President Hosni Mubarak.

Egypt adopted a strict three-year economic reform program since late 2016, starting with local currency floatation to contain dollar shortage followed by austerity measures, energy subsidy cuts and tax increases.

The liberalization of the Egyptian pound's exchange rate encouraged the International Monetary Fund to support Egypt's economic reform plan by a 12-billion-dollar loan.

Egypt's foreign reserves stood at 44.22 billion dollars at the end of April, the highest ever since March 2011, when it was estimated at 36 billion dollars.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105521380440011
主站蜘蛛池模板: 宜良县| 安新县| 濮阳县| 平乐县| 磐石市| 长乐市| 安龙县| 灵寿县| 黑龙江省| 邹平县| 广昌县| 普兰店市| 天气| 卓尼县| 金堂县| 崇仁县| 乃东县| 内黄县| 镇原县| 建阳市| 得荣县| 稷山县| 巨野县| 正蓝旗| 姜堰市| 来安县| 云龙县| 阿合奇县| 盐城市| 贵溪市| 安阳县| 射阳县| 枞阳县| 苍南县| 阿图什市| 元朗区| 江达县| 申扎县| 鄂尔多斯市| 都匀市| 灯塔市|