Central Bank of Egypt: Egypt's external debts hit $ 47.8bn
the Central Bank of Egypt
Cairo - MENA
Egypt's external debt hit 47.8 billion dollars by the end of December 2015, marking a 6.5 billion dollar rise in comparison with December 2014, the Central Bank of Egypt (CBE) said.
In a report a copy of which MENA obtained on Tuesday, the bank said Egypt's total domestic debts also rose to EGP 2.368 trillion by the end of December 2015 – 89.9 percent owed by the government, 0.7 percent by public economic associations, 9.4 percent by the National Investment Bank.
The government's domestic debts stood at EGP 2.13 trillion by the end of December 2015.
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