While the country’s external debt stocks reached $165.36 billion at the end of March 2023, Egypt will have to repay $29.23 billion in external debts in 2024. The country’s external debt service is then expected to decline to 19.43 billion in 2025 and to 22.94 billion in 2026 Repayments of the external debt should, however, only decrease significantly in 2027 and 2028, years during which Egypt will have to repay 12.11 billion dollars and $7.5 billion, respectively.
Source: Africa News Agency