Egypt announces billions of dollars in debt repayment

The Central Bank of Egypt (CBE) announced on Thursday that the state has repaid US$6.442 billion in interest and principal repayments on external debt by the end of the first quarter of the 2025/2026 fiscal year (July-September 2025), RT reported. The CBE explained that the debt service payments were divided into $ 2.078 billion in interest and $ 4.363 billion in principal repayments. Egypt’s external debt reached $163.7 billion by the end of September 2025, compared to $161.230 billion at the end of June 2025. Its ratio to GDP was approximately 42.4 percent by the end of the first quarter of 2025/2026, compared to 44.2 percent at the end of June 2025. The fiscal year in Egypt begins in July. According to the bank, foreign client investments in treasury bills rose to the equivalent of LE 2.525 trillion by the end of January, compared to LE 2.449 trillion at the end of the preceding December. Investments by public sector banks declined to LE 371.999 billion by the end of January, compared to LE 382.420 billion at the end of the preceding September. Private sector bank investments in treasury bills reached approximately LE 1.056 trillion by the end of January, compared to LE 1.054 trillion at the end of December The post Egypt announces billions of dollars in debt repayment appeared first on Egypt Independent.