Egypt’s Account Deficit Falls, FDIs Jump in Q1 FY 2019/20

• Saturday, 28th December 2019
• by Invest Gate

The Central Bank of Egypt (CBE) stated on December 26 that the country's current account deficit narrowed to USD 1.382 bn (EGP 22.53 bn) in the first quarter of FY 2019/20 from USD 2.012 bn (EGP 32.79 bn) in the p ...