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Egyptian Finance Ministry

Egyptian Finance Ministry latest

The reduction in the debt will enable its government to allocate more funds to the education and health sectors.
August 17th, 2019 - 08:00 GMT

Egypt Seeks to Reduce Government Debt-to-GDP Ratio to 77.5 Percent

The Egyptian Finance Ministry has revealed that in its 2019-2020 budget Cairo is planning to reduce the government debt to GDP ratio to reach 77.5 percent by the end of June 2022, a move that will help bring down the country’s debt service. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-9…","video_id":"99636651-e7b3-47aa-a6a8-a6902533cc77","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"World’s Top 10 Airports 2019 "} The government is working on achieving a minimum average GDP growth of 6 percent, along with 2 percent sustainable primary annual ...
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