Egypt’s payment rates for external debt service burdens rose to $38.7 billion by the end of the last fiscal year 2024/2025, after it was approximately $33 billion in the fiscal year before the previous one, equivalent to a 17.63% growth on an annual basis.
This was according to a report issued by Central Bank of EgyptWhich included an increase in the rates of payment of debt installments and interest for international financial institutions and other countries at a rate of 17.6% on an annual basis.
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Debt asset repayment rates recorded about $30.2 billion until the end of June 2025, which coincides with the end of the last fiscal year, and is equivalent to the middle of the current fiscal year in banks.
Egypt’s external debt increased by the end of the last fiscal year by $8.3 billion on an annual basis compared to the same period of the previous year, recording $161.2 billion at the present time.
Comments from banking sources to “Sada El Balad” confirmed the high rates of repayment of foreign debts, including interest and installments, on the dates agreed upon with the Egyptian government, which confirms the strength of the Egyptian economy despite the global geopolitical repercussions.
