Despite reaching all-time high, Egypt’s external debt is within safe levels
Inflows of foreign currency debt were spent on infrastructure, health care and overhaul of shantytowns across the country. However, Egyptian banks’ net foreign liability position stands out as a risk.
Ahmed Elleithy | Egypt | Oct 23, 2021
A boy looks at the coins displayed at the "Coins through the Ages" exhibit at the Egyptian Museum in Cairo Aug. 10, 2010.
