Five-year CDS fall to lowest level since 2020: Finance Ministry
The Ministry of Finance announced that Egypt’s five-year credit default swap (CDS) prices fell below 270 basis points on 6 January, marking their lowest level since 2020. At the same time, the cost and yields of international bonds declined sharply
Real GDP growth projected to reach 6.2% by FY 2029/30: Finance Ministry
Egypt’s real GDP growth is projected to reach around 5% in fiscal year (FY) 2025/2026 and 5.3% in FY 2026/2027, before accelerating to 6.2% by FY 2029/2030, according to the Ministry of Finance. In its Medium-Term Fiscal Strategy covering FY
Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week
The Ministry of Finance announced that it will offer eight treasury bill and bond tenders this week with a combined value of EGP 190bn, as part of its ongoing financing plan. The offerings include four treasury bill tenders worth EGP
Finance Ministry to issue EGP 730bn in T-bills, bonds in March
The Ministry of Finance has unveiled its plan to issue 32 treasury bill (T-bill) and bond auctions in March, totaling EGP 730bn. This includes 16 treasury bill auctions worth EGP 640bn and 16 bond auctions amounting to EGP 90bn. The
Finance Ministry to issue 29 T-bills, bonds worth EGP 641bn in February
The Ministry of Finance announced plans to issue 29 treasury bills (T-bills) and bonds worth EGP 641bn in February to refinance maturing debt and cover the state’s budget deficit. The offerings include 16 treasury bills totaling EGP 580bn and 13
Egypt aims to reduce debt-to-GDP ratio below 85% over 3 years: Finance Ministry
Yasser Sobhi, Deputy Minister of Finance for Fiscal Policies, stated that the goal is to achieve financial discipline and bring the debt-to-GDP ratio below 85% of GDP within the next three years. In June, Egypt reduced the external debt of
DeCode report highlights Egypt’s progress in transparency, public participation: Finance Ministry – Dailynewsegypt
The Ministry of Finance has announced that a recent report by DeCode, an economic and financial consultancy, has highlighted Egypt’s positive progress in international transparency, budget oversight, and public participation indicators over the past two years. The report, part of