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Egypt aims to cut foreign debt by up to $2bn in next budget

By CityCalc Newsroom · Thu Apr 23 2026 · Source: AGBI

Egypt is banking on higher public revenues from exports and sale of government enterprises to slash its foreign debt by $1 billion to $2 billion in its 2026-2027 budget. Presenting the budget to parliament on Wednesday, finance minister Ahmed Kouchouk said revenues are projected…

Egypt is banking on higher public revenues from exports and sale of government enterprises to slash its foreign debt by $1 billion to $2 billion in its 2026-2027 budget. Presenting the budget to parliament on Wednesday, finance minister Ahmed Kouchouk said revenues are projected…

Curated by CityCalc from AGBI. Read the full article at the source.

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