{"id":321890,"date":"2021-04-13T08:15:21","date_gmt":"2021-04-13T08:15:21","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=321890"},"modified":"2021-04-13T08:15:21","modified_gmt":"2021-04-13T08:15:21","slug":"egypts-current-account-deficit-widens-66-9-during-h1-of-fy20-2021-cbe","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/04\/13\/egypts-current-account-deficit-widens-66-9-during-h1-of-fy20-2021-cbe\/","title":{"rendered":"Egypt&#8217;s current account deficit widens 66.9 % during H1 of FY20\/2021, CBE"},"content":{"rendered":"<p>The\u00a0 current\u00a0 account\u00a0 deficit\u00a0 rose\u00a0 by\u00a0 66.9 percent\u00a0 to record $\u00a0 7.6 billion during <span dir=\"ltr\">the First Half of FY 2020\/2021<\/span><span dir=\"ltr\">2021<\/span> against $\u00a0 4.6\u00a0 billion in the\u00a0 corresponding period, according to data released by central bank.<\/p>\n<p>The rise of the \u00a0current\u00a0 account\u00a0 deficit\u00a0 came on the back of travel\u00a0 restrictions brought about by the pandemic.<\/p>\n<p>The travel restrictions has \u00a0caused the tourism sector to register only one quarter of the revenues realized in the corresponding\u00a0 period\u00a0 that\u00a0 witnessed\u00a0 the\u00a0 highest\u00a0 tourism revenues\u00a0 before\u00a0 the\u00a0 Corona\u00a0 pandemic( $\u00a0 1.8\u00a0 billion compared to US$ 7.2 billion).<\/p>\n<p>Egypt\u2019s current account deficit widened to $4.8 bn in 2Q2020-2021, from $ 3.2 bn in the same period last year. The deficit grew 74 percent \u00a0on a quarterly basis from $ 2.8 bn in 1Q.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0 current\u00a0 account\u00a0 deficit\u00a0 rose\u00a0 by\u00a0 66.9 percent\u00a0 to record $\u00a0 7.6 billion during the First Half of FY 2020\/20212021 against $\u00a0 4.6\u00a0 billion in the\u00a0 corresponding period, according to data released by central bank.<\/p>\n","protected":false},"author":4,"featured_media":321424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[55],"class_list":["post-321890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-central-bank-of-egypt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Egypt&#039;s current account deficit widens 66.9 % during H1 of FY20\/2021, CBE - egy-africa<\/title>\n<meta name=\"description\" content=\"The\u00a0 current\u00a0 account\u00a0 deficit\u00a0 rose\u00a0 by\u00a0 66.9 percent\u00a0 to record $\u00a0 7.6 billion during the First Half of FY 2020\/20212021 against $\u00a0 4.6\u00a0 billion in the\u00a0 corresponding period, according to data released by central bank.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/04\/13\/egypts-current-account-deficit-widens-66-9-during-h1-of-fy20-2021-cbe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt&#039;s current account deficit widens 66.9 % during H1 of FY20\/2021, CBE - egy-africa\" \/>\n<meta property=\"og:description\" content=\"The\u00a0 current\u00a0 account\u00a0 deficit\u00a0 rose\u00a0 by\u00a0 66.9 percent\u00a0 to record $\u00a0 7.6 billion during the First Half of FY 2020\/20212021 against $\u00a0 4.6\u00a0 billion in the\u00a0 corresponding period, according to data released by central bank.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/egy-africa.com\/en\/2021\/04\/13\/egypts-current-account-deficit-widens-66-9-during-h1-of-fy20-2021-cbe\/\" \/>\n<meta property=\"og:site_name\" content=\"egy-africa\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-13T08:15:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/03\/1024-2.jpg?fit=750%2C430&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aya Abdulghany\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aya Abdulghany\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/04\/13\/egypts-current-account-deficit-widens-66-9-during-h1-of-fy20-2021-cbe\/\",\"url\":\"https:\/\/egy-africa.com\/en\/2021\/04\/13\/egypts-current-account-deficit-widens-66-9-during-h1-of-fy20-2021-cbe\/\",\"name\":\"Egypt's current account deficit widens 66.9 % during H1 of FY20\/2021, CBE - 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