Egypt Current Account Deficit Narrows to $13.2 Billion in Nine Months ...

Egypt quarterly current account deficit eases to $2.1bn on higher remittances

Egypt's current account deficit narrowed to $2.1bn (R36.88bn) in January to March from $7.5bn (R131.73bn) in the same period a year earlier, the central bank said on Tuesday.

Egypt Current Account Deficit Narrows to $13.2 Billion in Nine Months ...

Egypt’s Current Account Deficit Narrows Sharply Amid Surge in Remittances and Tourism Revenue – The North Africa Post

Egypt’s current account deficit narrowed significantly to $13.2 billion during the first nine months of the 2024/2025 fiscal year, down from $17.1 billion a year earlier, the Central Bank of Egypt announced on Tuesday, July 22. This improvement was driven primarily by an 86.6% surge in remittances from Egyptians abroad, reaching $26.4 billion, and a […]

Egypt’s current account deficit records $13.2bln in 9 months: CBE

The surge was driven by a jump in the non-oil merchandise imports, which surpassed that of the non-oil merchandise exports

Egypt current account deficit eases on higher remittances

Egypt’s current account deficit narrowed to $2.1 billion in January to March 2025 from $7.5 billion in the same period a year earlier, the central bank said on Tuesday. The bank attributed the slimmer deficit to the increase in remittances from Egyptians working abroad, as well as a rise in the services surplus due to higher tourism revenue. Oil exports declined to $1.2 billion from $1.4 billion a year ago, while imports of oil products rose to …

Egypt’s current account gap narrows, but overall BoP records deficit - Dailynewsegypt

Egypt's balance of payments recorded an overall deficit of $1.9bn in the first nine months of the 2024/2025 fiscal year, swinging from a $4.1bn surplus a year earlier, the central bank said on Monday. The shift was mainly driven by a drop in capital and financial account net inflows, which were recorded at $7.7bn compared