<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" > <channel> <title>international financial environment | Egyptian Streets</title> <atom:link href="https://egyptianstreets.com/tag/international-financial-environment/feed/" rel="self" type="application/rss+xml" /> <link>https://egyptianstreets.com</link> <description>Independent Media</description> <lastBuildDate>Thu, 22 Aug 2024 21:25:05 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.4.5</generator> <image> <url>https://egyptianstreets.com/wp-content/uploads/2015/09/cropped-eslogo-32x32.png</url> <title>international financial environment | Egyptian Streets</title> <link>https://egyptianstreets.com</link> <width>32</width> <height>32</height> </image> <site xmlns="com-wordpress:feed-additions:1">99566350</site> <item> <title>Egypt’s External Debt Declines in Q3 FY 2023/2024 Amid Economic Adjustments</title> <link>https://egyptianstreets.com/2024/08/23/egypts-external-debt-declines-in-q3-fy-2023-2024-amid-economic-adjustments/</link> <dc:creator><![CDATA[Enjy Akram]]></dc:creator> <pubDate>Thu, 22 Aug 2024 21:20:15 +0000</pubDate> <category><![CDATA[Egypt]]></category> <category><![CDATA[International]]></category> <category><![CDATA[News]]></category> <category><![CDATA[CBE]]></category> <category><![CDATA[central bank of egypt]]></category> <category><![CDATA[commodity prices]]></category> <category><![CDATA[currency fluctuations]]></category> <category><![CDATA[debt reduction]]></category> <category><![CDATA[egypt]]></category> <category><![CDATA[Egypt economy]]></category> <category><![CDATA[egypt external debt]]></category> <category><![CDATA[energy markets]]></category> <category><![CDATA[fiscal policy]]></category> <category><![CDATA[geopolitical tensions]]></category> <category><![CDATA[global economic challenges]]></category> <category><![CDATA[inflation]]></category> <category><![CDATA[international financial environment]]></category> <category><![CDATA[Israel-Palestine conflict]]></category> <category><![CDATA[Middle East stability]]></category> <category><![CDATA[news]]></category> <category><![CDATA[Q3 FY2023/2024]]></category> <category><![CDATA[Russian-Ukrainian war]]></category> <guid isPermaLink="false">https://egyptianstreets.com/?p=94114</guid> <description><![CDATA[<p>Egypt’s external debt declined significantly in the third quarter of fiscal year 2023/2024, reflecting the government’s ongoing efforts to manage the nation’s debt burden amidst challenging economic conditions. According to recent data from the Central Bank of Egypt (CBE), the external debt decreased by USD1.3 billion, bringing the total to USD 163.3 billion as of March 2024. This reduction marks a significant shift in Egypt’s financial strategy, as the country continues to navigate the economic impact of global challenges, including fluctuating commodity prices and a volatile international financial environment, spurred by the Russian-Ukrainian war, the Israel-Palestine war, and other geopolitical tensions. The decline in debt is seen as a positive development in Egypt’s broader fiscal policy, which aims to stabilize the economy and reduce dependency on foreign borrowing. The decrease in external debt is partly attributed to the government’s focus on managing its foreign currency liabilities and prioritizing domestic resources to meet financial obligations. The strategic repayment of external loans and the careful management of new borrowings have played crucial roles in this downward trend. In addition to debt reduction, Egypt has been working on improving its debt-to-GDP ratio, a<a href="https://egyptianstreets.com/2024/08/23/egypts-external-debt-declines-in-q3-fy-2023-2024-amid-economic-adjustments/">Continue reading <span class="sr-only">"Egypt’s External Debt Declines in Q3 FY 2023/2024 Amid Economic Adjustments"</span></a></p> <p>The post <a href="https://egyptianstreets.com/2024/08/23/egypts-external-debt-declines-in-q3-fy-2023-2024-amid-economic-adjustments/">Egypt’s External Debt Declines in Q3 FY 2023/2024 Amid Economic Adjustments</a> first appeared on <a href="https://egyptianstreets.com">Egyptian Streets</a>.</p>]]></description> <content:encoded><![CDATA[<p>Egypt’s external debt declined significantly in the third quarter of fiscal year 2023/2024, reflecting the government’s ongoing efforts to manage the nation’s debt burden amidst challenging economic conditions. According to recent data from the Central Bank of Egypt (CBE), the external debt decreased by USD1.3 billion, bringing the total to USD 163.3 billion as of March 2024. This reduction marks a significant shift in Egypt’s financial strategy, as the country continues to navigate the economic impact of global challenges, including fluctuating commodity prices and a volatile international financial environment, spurred by the Russian-Ukrainian war, the Israel-Palestine war, and other geopolitical tensions. The decline in debt is seen as a positive development in Egypt’s broader fiscal policy, which aims to stabilize the economy and reduce dependency on foreign borrowing. The decrease in external debt is partly attributed to the government’s focus on managing its foreign currency liabilities and prioritizing domestic resources to meet financial obligations. The strategic repayment of external loans and the careful management of new borrowings have played crucial roles in this downward trend. In addition to debt reduction, Egypt has been working on improving its debt-to-GDP ratio, a… </p> <div class="pmpro_content_message">This content is for members only. Visit the site and log in/register to read.</div><p>The post <a href="https://egyptianstreets.com/2024/08/23/egypts-external-debt-declines-in-q3-fy-2023-2024-amid-economic-adjustments/">Egypt’s External Debt Declines in Q3 FY 2023/2024 Amid Economic Adjustments</a> first appeared on <a href="https://egyptianstreets.com">Egyptian Streets</a>.</p>]]></content:encoded> <address><a>Enjy Akram</a></address><post-id xmlns="com-wordpress:feed-additions:1">94114</post-id> </item> </channel> </rss>