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Egypt’s total debt service surged 105.76% year-on-year during the third quarter of the fiscal year 2021/2022, recording $6.292 billion, according to data released by the Central Bank of Egypt (CBE).
Quarter-on-quarter (QoQ), total debt interests and principals paid by Egypt grew 47.96%.
Total external debt rose to $157.801 billion in Q3 FY 2021/2022 from $134.841 billion in the same quarter a year earlier.
Furthermore, external debt climbed 8.43% Quarter-on-Quarter at the end of March 2022.
Source: Arab finance
