Egypt's current account deficit dropped to $4.7 billion in the fiscal year 2022/23 from $16.6 billion in the previous year, central bank said in a statement on Wednesday. Egypt's net foreign direct investment inflows reached $10 billion in the same period, the central bank added. (Reporting by Yomna Ehab and Nadine Awadalla; Editing by Alison Williams)

Source: The North Africa Journal October 04, 2023 21:02 UTC