Domestic Public Debt - Egypt

Transcription

1. Table ( 18 ) : Domestic Public Debt: 1/ Detailed Profile (LE Millions) Annual Profile Jun-11 Gross Consolidated Public Domestic Jun-12 Quarterly Profile Jun-13 Jun-14 Jun-15 Dec-14 Mar-15 Sep-15 * Dec-15 * 932,460 1,129,030 1,410,643 1,648,521 1,980,969 1,786,100 1,892,442 2,139,796 2,240,683 Domestic Debt 889,045 1,087,945 1,363,686 1,597,870 1,963,125 1,785,474 1,876,502 2,109,650 2,199,589 Economic Authorities' Domestic Debt 109,251 105,521 110,321 117,926 132,975 122,203 135,545 136,287 140,865 52,670 52,655 51,382 51,457 53,209 53,209 53,209 53,210 53,210 13,166 11,781 11,982 15,818 61,922 68,368 66,396 52,931 46,561 191,116 198,066 220,035 207,534 286,335 252,780 282,793 319,751 331,007 166,527 173,292 191,395 172,678 231,004 217,545 232,913 263,533 268,434 24,589 24,774 28,640 34,856 55,331 35,235 49,880 56,218 62,573 42,432 42,409 46,995 60,138 128,295 115,651 129,137 124,907 122,564 4,677 5,854 6,373 9,464 11,042 12,048 12,861 15,758 13,430 13,166 11,781 11,982 15,818 61,922 68,368 66,396 52,931 46,561 741,344 930,964 1,190,608 1,440,987 1,694,634 1,533,320 1,609,649 1,820,045 1,909,676 Debt Gross Consolidated General Government Less: Economic Authorities' Borrowings from NIB Economic Authorities' Deposits in TSA 2/ Public Sector Deposits General Government Deposits Net Deposits of Economic Authorities Economic Authorities Gross Deposits Less: 3/ 4/ SIF Deposits Economic Authorities' Deposits in TSA 2 / Net Consolidated Public Domestic Debt Memorandum Items: (As Percent of GDP) 5/ Gross Consolidated Public Domestic Debt 68.0% 68.2% 76.5% 78.4% 81.5% 73.5% 77.9% 77.2% 80.9% Net Consolidated Public Domestic Debt 54.1% 56.2% 64.6% 68.6% 69.7% 63.1% 66.2% 65.7% 68.9% Source: Ministry of Finance and Central Bank of Egypt * Preliminary, subject to revision. 1/ Consolidated domestic debt due on the General Government and Economic Authorities. This level of compilation excludes outstanding debt of Economic Authorities to NIB. 2/ This represents part of the Economic Authorities' deposits at TSA that is borrowed by the Budget sector in the form of loan facilities. Hence it represents an interrelated debt between the Budget and Economic Authorities and is therefore deducted on consolidation from both gross Public Sector debt and deposits of Economic Authorities. 3/ SIF deposits were previously included in General Government deposits, see Table (16). 4/ Data revised to exclude deposits used as loan facilities for budget sector starting June 2006. 5/ The Ministry of Planning Monitoring and Administrative Reform has revised the time series of GDP starting FY11/12 until FY13/14 in accordance with FY12/13 economic census that enhanced comprehensiveness and improved estimates for informal sector activity. It is also worthy to note that GDP estimates for FY14/15 have been revised to LE 2429.8 billion in light of these recent developments. Noteworthy, quarterly ratios are calculated based on full year GDP figures. GDP estimates for FY15/16 have been revised recently to reach LE 2771.3 billion compared to a previous estimate of LE 2833.4 billion in light of recent developments in macroeconomic indicators during July-December FY15/16. 38