Ahmed Kamel – Egypt Daily News
Egypt has repaid a total of $30.1 billion in external debt service obligations including both interest and principal payments over a nine-month period, according to a recent report issued by the Central Bank of Egypt (CBE).
The report detailed that debt servicing payments were distributed across three quarters of the 2024/2025 fiscal year. In the first quarter, Egypt paid $7.952 billion, followed by $13.354 billion in the second quarter, and $8.784 billion in the third quarter.
For the third quarter alone, the central bank explained that the debt service burden consisted of $2.410 billion in interest payments and $6.373 billion in principal repayments.
The report also highlighted an increase in Egypt’s total external debt, which reached $156.689 billion by the end of March 2025. This compares to $152.88 billion at the end of June 2024 and approximately $155.093 billion at the end of December 2024.
Despite the rising debt volume, the CBE noted that the external debt-to-GDP ratio stood at 44.5% by the end of the third quarter of the 2024/2025 fiscal year. This marks an increase from 38.8% recorded at the end of June 2024, and slightly up from 42.9% at the end of December 2024.
Egypt continues to face significant financial obligations as it manages its external debt portfolio while seeking to maintain economic stability amid ongoing regional and global economic pressures.
