Egypt’s Balance of Payments Performance in Q12 2018/19
Published: 3rd April 2019
- 7 Pages
- Delivered in PDF to your e-mail
- Available for subscription as a stand alone & in a package
Fill in the registration form and you will be contacted shortly
According to the Central Bank of Egypt (CBE), Egypt’s Balance of Payments’ overall balance contracted significantly in Q2 2018/19 (Oct-Dec 2018) to record a net outflow (deficit) of USD 2.1 bn for the first time in ten quarters; compared to an inflow (surplus) of USD 0.5 bn in Q2 2017/18 (Oct-Dec
2017). Such deterioration was mainly brought about by 94.5%1 decline in the Capital and Financial Account which recorded an inflow of USD 0.2 bn, compared to a higher inflow of USD 4.2 bn a year earlier. The Current account deficit, as well, widened by 17.8% to record USD 2.1 bn up from USD 1.8 bn a year earlier.
- Fill in the subscription form, or contact us.
- A price proposal will reach you on your e-mail, based on the type of required subscription (e.g. annual, quarterly, within a package or stand alone).