Egypt plans to lower debt to 78% of GDP by mid-2027

The Egyptian government has devised a plan aimed at reducing the ratio of public debt to gross domestic product (GDP) to 78% by June 2027. They are working towards this by directing extraordinary revenues to accelerate debt reduction, while also improving financial indicators such as achieving a primary surplus of 4.9% and reducing the overall deficit to 5.8% during the past fiscal year. Additionally, the plan emphasizes increasing foreign investment inflows, diversifying the growth structure, and boosting exports, all while continuing social protection programs to maintain balance in public finances.

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