Foreign exchange receipts in Egypt fell 24 percent to $121.9 billion in the 2022-2023 fiscal year, as a result of a decrease in government receipts of $2.4 billion.
According to the Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt's total foreign exchange payments reached $ 135 billion in the last fiscal year compared to $ 185.3 billion in the fiscal year 2021-2022, a decrease of 27.1 percent, due to the decrease in payments on the financial account to reach $ 7.6 billion compared to $ 32.3 billion in the previous fiscal year.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
