Key Highlights of Egypt’s Balance of
Payments Performance in Q4 & FY 2017/18

Special Report

Published: 8 October 2018

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Summary

According to the Central Bank of Egypt (CBE), Egypt’s net Balance of Payments inflow has decreased by 33.4% in Q4 2017/18 (Apr-Jun 2018) to record a net inflow of USD 1.8 bn; compared to a net inflow of USD 2.7 bn in Q4 2016/17 (Apr-Jun 2017). This was mainly brought about by 25.1% decline in the Capital & Financial Account, which recorded an inflow (surplus) of USD 3 bn down from USD 3.9 bn a year earlier. Meanwhile, the current account improved significantly by 65.8% to record an outflow (deficit) of only USD 0.6 bn compared to a higher deficit of USD 1.9 bn a year earlier.


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