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Asharq Al-Awsat

Business

Asharq Al-Awsat

Egypt Registers Primary Surplus of $5.2 Billion

Egypt Inflation CAPMAS Deficit

Monthly inflation rate in Egypt fell below zero for the first time since December 2021. (Reuters)

Egypt registered a primary surplus of EGP98.5 billion ($5.23 billion) in the 2021/22 financial year to June 30, the country’s finance ministry said on Thursday.

The overall budget deficit stood at 6.1% of GDP, the statement added.

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