The data issued by the Central Agency for Public Mobilization and Statistics in Egypt showed an increase in total deposits in Egyptian banks, the money supply and local liquidity, during the month of April, as the total deposits in Egyptian banks recorded about 4.518 trillion pounds, compared to about 3.931 trillion pounds in April. (April) in 2019, an increase of about 586.7 billion pounds, or 15 percent.
According to the Statistics Authority, the governmental deposits recorded an annual increase during the month of April by 22.9 percent, reaching about 756.3 billion pounds, compared to 615.4 billion pounds during the same month of 2019, an increase of about 140.9 billion pounds. As for the non-governmental deposits, they achieved an annual increase of 14.3 percent, while they recorded a growth of about 3792.3 trillion pounds in the month of April, compared to about 3316.5 trillion pounds in the same month of 2019, representing an increase of about 475.8 billion pounds.
The local liquidity recorded a remarkable increase during the month of April, as it amounted to about 4.353 trillion pounds, compared to about 3.762 trillion pounds during the month of April of 2019, an increase of 591 billion pounds, an increase of about 15.7 percent.
Source (Al-Arabiya.net, Edited)
