{"id":325090,"date":"2022-04-03T14:31:30","date_gmt":"2022-04-03T14:31:30","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=325090"},"modified":"2022-04-03T14:31:30","modified_gmt":"2022-04-03T14:31:30","slug":"egypt-aims-to-decrease-debt-to-gdp-ratio-to-below-85-over-3-years-maait","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/04\/03\/egypt-aims-to-decrease-debt-to-gdp-ratio-to-below-85-over-3-years-maait\/","title":{"rendered":"Egypt aims to decrease debt to GDP ratio to below 85% over 3 years; Maait"},"content":{"rendered":"<p>Egypt is planning to lower its debt to GDP ratio to below 90 percent by the end of the current FY2021\/22 \u2014 which will conclude at the end of June 2022 \u2014 and under 85 percent over the coming three years, according to Minister of Finance Mohamed Maait.<\/p>\n<p>Maait made his statements during a ceremony that was held on Saturday to launch Egypt\u2019s first Samurai bonds in Japan.<\/p>\n<p class=\"p1\"><span class=\"s1\">Minister of Finance Mohamed Maait stated the launch of the first Egyptian bonds in the Japanese capital markets is a culmination of the efforts of the ministry to raise the efficiency of debt management, diversify sources and financing tools, expand the investor base \u2014 taking into account geographical diversity \u2014 and optimally exploit any opportunities in global markets. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">This contributes to reducing the cost of financing and carrying out development projects to create job opportunities and improve services provided to citizens and their standard of living. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is planning to lower its debt to GDP ratio to below 90 percent by the end of the current FY2021\/22 \u2014 which will conclude at the end of June 2022 \u2014 and under 85 percent over the coming three years, according to Minister of Finance Mohamed Maait.<\/p>\n","protected":false},"author":4,"featured_media":325091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,21],"tags":[],"class_list":["post-325090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Egypt aims to decrease debt to GDP ratio to below 85% over 3 years; 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