Egypt targets 78% debt-to-GDP ratio by FY2026/27-end - Egypt Today

Egypt targets 78% debt-to-GDP ratio by FY2026/27-end - Egypt Today

Source: Egypt Today

―

DW NOTE

Egypt carried a 95.6% debt-to-GDP ratio into 2026, devalued the pound four times since 2020, and now projects it will hit 78% by mid-2027. The only scenario in which that happens without default is one where GDP denominator growth comes from another devaluation so large it makes the previous four look like rounding errors.

Read the full story at Egypt Today →