Fitch Ratings Agency affirmed Egypts ability to secure 22 billion in financing during 2023.

FirstBank فرست بنك البنك الأول فيرست بنك

Fitch Ratings affirms Egypt's ability to secure its external financing needs during 2023

FirstBank

Fitch Ratings Agency affirmed Egypt's ability to secure $22 billion in financing during 2023.

This was according to Information and Decision Support Center in the Council of Ministers - Egypt Facebook Official page.

The agency expected a Egypt to be able to narrow its current account deficit to 3.6% in 2022/2023, compared to 4.1% in 2021/2022.