As of the first half of 2022/2023, the government deficit was close to 450 billion Egyptian pounds (1.29 billion U.S. dollars) Furthermore, the government deficit was roughly 487 billion Egyptian pounds (15.76 billion U.S. dollars) as of 2021/2022. This was higher than the value for FY2020/2021, which amounted to nearly 470 billion Egyptian pounds (15.21 billion U.S. dollars). During the period under review, revenues generated by the government were lower than government spending, which led to a fiscal deficit.
Government budget balance in Egypt from the fiscal year 2016/2017 to the first half of 2022/2023
(in billion Egyptian pounds)
Characteristic
Government budget balance in billion Egyptian pounds
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LYNX Advisors. (May 22, 2023). Government budget balance in Egypt from the fiscal year 2016/2017 to the first half of 2022/2023 (in billion Egyptian pounds) [Graph]. In Statista. Retrieved November 07, 2024, from https://www.statista.com/statistics/1246950/government-budget-balance-in-egypt/
LYNX Advisors. "Government budget balance in Egypt from the fiscal year 2016/2017 to the first half of 2022/2023 (in billion Egyptian pounds)." Chart. May 22, 2023. Statista. Accessed November 07, 2024. https://www.statista.com/statistics/1246950/government-budget-balance-in-egypt/
LYNX Advisors. (2023). Government budget balance in Egypt from the fiscal year 2016/2017 to the first half of 2022/2023 (in billion Egyptian pounds). Statista. Statista Inc.. Accessed: November 07, 2024. https://www.statista.com/statistics/1246950/government-budget-balance-in-egypt/
LYNX Advisors. "Government Budget Balance in Egypt from The Fiscal Year 2016/2017 to The First Half of 2022/2023 (in Billion Egyptian Pounds)." Statista, Statista Inc., 22 May 2023, https://www.statista.com/statistics/1246950/government-budget-balance-in-egypt/
LYNX Advisors, Government budget balance in Egypt from the fiscal year 2016/2017 to the first half of 2022/2023 (in billion Egyptian pounds) Statista, https://www.statista.com/statistics/1246950/government-budget-balance-in-egypt/ (last visited November 07, 2024)
Government budget balance in Egypt from the fiscal year 2016/2017 to the first half of 2022/2023 (in billion Egyptian pounds) [Graph], LYNX Advisors, May 22, 2023. [Online]. Available: https://www.statista.com/statistics/1246950/government-budget-balance-in-egypt/
