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Egypt’s external debt owed mainly to Arab Countries

03 Sep 2016

(MENAFN) A recent report by the Egyptian Central Bank showed that 37.3% of Egypt’s external debt comes from the Arab countries.

The country’s debt reached USD47.8b by the end of December 2015, compared to USD48.1b end of June the same year.

Additionally, the report stated that 6% of Egypt’s external debt was owed by Germany, 4.6% from Japan, and 4.2% from United States.

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