Egypt’s balance of payments deficit narrows 2.9% to $1.8bn in July-March FY2025/26: CBE

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Egypt’s balance of payments deficit narrowed by 2.9% to $1.8 billion in the first nine months of fiscal year 2025/26, reflecting stronger foreign direct investment, increased remittances, and higher revenues from tourism and the Suez Canal.

Egypt’s overall balance of payments (BoP) deficit narrowed by 2.9% to $1.8bn during the first nine months of fiscal year (FY) 2025/26, compared with $1.9bn in the same period a year earlier, supported by stronger foreign direct investment (FDI), rising workers’ remittances, and higher tourism and Suez Canal revenues, according to the Central Bank of […] The post Egypt’s balance of payments deficit narrows 2.9% to $1.8bn in July-March FY2025/26: CBE first appeared on Dailynewsegypt.