Egypt

Egypt’s government borrowing from the banking sector rose to a record 56.4% of total domestic credit, reaching EGP 8.4 tln (USD 173.2 bln) in June 2025, up from EGP 5.9 tln a year earlier. The increase was driven by EGP 8.2 tln in government securities holdings, while private sector credit rose to EGP 3 tln but saw its share drop to 20% from 22.7%.