Egypt’s BoP Achieves An Overall Surplus in FY 2022/23

Updated 10/10/2023 9:44:00 AM
Egypt’s BoP Achieves An Overall Surplus in FY 2022/23

Egypt’s balance of payment (BoP) saw an overall surplus of $882.4 million during the fiscal year (FY) 2022/23, according to a report by the Central Bank of Egypt (CBE). 

The current account deficit narrowed by 71.5% to $4.7 billion last FY.

The capital and financial account registered a net inflow of $8.9 billion.

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