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World Economic Forum: Egypt transforms national debt into growth tool

Businessmen Team news 19 January 2026 11:41 AM
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World Economic Forum: Egypt transforms national debt into growth tool

The World Economic Forum, in its report on Egypt, revealed that the country has the ability to transform its national debt into a tool for long-term economic growth and development.

The report stated that this makes Egypt’s experience a model for other countries on how to manage public debt effectively.

According to the Cabinet’s Media Center, the report highlighted Egypt’s success in reducing its debt-to-Gross Domestic Product (GDP) ratio from about 96% in 2023 to around 85.6% by June 2025, thanks to innovative debt management.

The report added that Egypt is among the regional leaders in climate finance, having already launched its Sustainable Finance Framework and issued its first green bond.