Egypt’s current account deficit narrows to $9.5bn in H1 2025/26 on strong remittances
Egypt’s current account deficit narrowed by 13.6% to $9.5bn during the first half of the fiscal year (Fy) 2025/26 financial year, driven primarily by a 29.6% surge in remittances from Egyptians working abroad to $22.1bn, alongside robust foreign direct investment (FDI) inflows, Central Bank of Egypt (CBE) data revealed. Transactions with the external sector showed […] The post Egypt’s current account deficit narrows to $9.5bn in H1 2025/26 on strong remittances first appeared on Dailynewse...
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