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by dangus 752 days ago
Egypt’s debt to GDP ratio is falling and is lower than the USA.

https://www.statista.com/statistics/377984/national-debt-of-...

2 comments

That's a pretty low bar, and more importantly, Egyptian debt is by and large not in Egyptian pounds, meaning they can't just print their way out of trouble.
The middle of the graph, the peak, is the current year.

It has not started falling yet, and it won’t particularly if they keep announcing new projects.