Home » today » Business » “Egyptian Remittances Abroad Reach $12 Billion in July-December 2022, Central Bank Reports”

“Egyptian Remittances Abroad Reach $12 Billion in July-December 2022, Central Bank Reports”

Remittances from Egyptians abroad recorded $12 billion during the period from July to December 2022

Published in:
Last updated:

The Central Bank of Egypt said in a statement issued early this morning, Wednesday, that the current account deficit improved in the first half of the fiscal year 2022-2023 (the months from July to December of 2022) to $1.8 billion, compared to $1.8 billion. 7.8 billion dollars during the same period a year ago.

The bank stated that remittances from Egyptians abroad amounted to $12 billion during the period from July to December 2022.

2023-05-03 08:46:38
#Egypts #economy #Egypts #current #account #deficit #improved #billion #months

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.