Jan 2009

‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬
‫‪٢٠٠٩‬‬ ‫)‪– (١٤٢‬‬ ‫א‬
‫א‬ ‫א‬ ‫א‬

‫‪www.cbe.org.eg‬‬ ‫‪:‬‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ −١‬א‬
‫א‬ ‫א‬ ‫א‬ ‫‪ −٢‬א‬
‫א‬ ‫א‬ ‫א‬ ‫‪ −٣‬א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪−٤‬‬
‫‪:‬‬
‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪-‬‬

‫‪www.cbe.org.eg :‬‬ ‫א‬
‫‪:‬‬ ‫א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪-‬‬

‫‪.‬‬ ‫‪−‬א‬ ‫א‬ ‫– ‪٣١‬‬ ‫א‬ ‫א‬ ‫–א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬
‫א‬
‫‪٥٤−٥٣‬‬ ‫(‬ ‫)‬ ‫א‬ ‫א‬ ‫‪١٧‬‬
‫‪٥٨−٥٥‬‬ ‫א א‬ ‫א‬ ‫‪١٨‬‬ ‫‪٥−١‬‬ ‫א‬ ‫א‬ ‫‪−‬‬

‫‪٦٠−٥٩‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪١٩‬‬
‫‪١٠−٦‬‬ ‫‪−‬‬
‫‪٦٨−٦١‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٢٠‬‬
‫‪٢٠−١١‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪−‬‬
‫‪١٤٤−٢١‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪−‬א‬
‫‪٧٣−٦٩‬‬ ‫●‬
‫א‬ ‫א‬ ‫א‬

‫א‬ ‫א‬ ‫‪٢٢−٢١‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪١‬‬
‫‪٧٨−٧٥‬‬ ‫א א‬ ‫‪٢١‬‬
‫‪٢٤−٢٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬א‬ ‫א‬ ‫א‬ ‫‪٢‬‬
‫‪٨٠−٧٩‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪٢٢‬‬
‫‪٢٦−٢٥‬‬ ‫(‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬א א )‬ ‫א‬ ‫א‬ ‫‪٣‬‬
‫‪٨٢−٨١‬‬ ‫א‬ ‫א‬ ‫א א א א‬ ‫א‬ ‫‪٢٣‬‬ ‫‪٢٨−٢٧‬‬ ‫א‬ ‫‪:‬א‬ ‫א‬ ‫א‬ ‫‪٤‬‬
‫‪٨٤−٨٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٢٤‬‬ ‫‪٣٠−٢٩‬‬ ‫א‬ ‫א‬ ‫‪:‬א‬ ‫א‬ ‫א‬ ‫‪٥‬‬
‫‪٨٤−٨٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫‪٢٥‬‬ ‫‪٣٠−٢٩‬‬ ‫א א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫א‬ ‫‪٦‬‬
‫‪٨٦−٨٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٢٦‬‬ ‫‪٣٢−٣١‬‬ ‫(‬ ‫א‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٧‬‬
‫‪٨٦−٨٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٢٧‬‬ ‫‪٣٤−٣٣‬‬ ‫(‬ ‫א‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٨‬‬
‫‪٣٦−٣٥‬‬ ‫(‬ ‫א‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٩‬‬
‫‪٨٨−٨٧‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٢٨‬‬
‫‪٣٨−٣٧‬‬ ‫(‬ ‫א‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫‪١٠‬‬
‫‪٨٨−٨٧‬‬ ‫א א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٢٩‬‬
‫‪٤٠−٣٩‬‬ ‫(‬ ‫א‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪١١‬‬
‫‪٩٠−٨٩‬‬ ‫א‬ ‫א א‬ ‫‪٣٠‬‬
‫‪٤٢−٤١‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪١٢‬‬
‫‪٩٢−٩١‬‬ ‫א‬ ‫א א‬ ‫‪٣١‬‬
‫‪٤٤−٤٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪١٣‬‬
‫‪٩٢−٩١‬‬ ‫א‬ ‫א‬ ‫‪١/٣١‬‬ ‫‪٤٦−٤٥‬‬ ‫א א‬ ‫א‬ ‫‪١٤‬‬
‫‪٩٤−٩٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٣٢‬‬ ‫‪٥٠−٤٧‬‬ ‫א‬ ‫א‬ ‫‪١٥‬‬
‫‪٩٦−٩٥‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪٣٣‬‬ ‫‪٥٢−٥١‬‬ ‫(‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫‪١٦‬‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬
‫‪١٣٦−١٣٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٥١‬‬ ‫‪٩٨−٩٧‬‬ ‫א‬ ‫א‬ ‫‪٣٤‬‬
‫‪١٣٨−١٣٧‬‬ ‫א‬ ‫‪٥٢‬‬ ‫‪١٠٠−٩٩‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٣٥‬‬
‫‪١٣٨−١٣٧‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٥٣‬‬ ‫‪١٠٤−١٠١‬‬ ‫●‬
‫‪١٤٠−١٣٩‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٥٤‬‬
‫‪١٤٢−١٤١‬‬ ‫א‬ ‫א‬ ‫‪٥٥‬‬ ‫א‬

‫‪١١٠−١٠٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٣٦‬‬
‫‪١٤٤−١٤٣‬‬ ‫●‬
‫‪١١٢−١١١‬‬ ‫א‬ ‫א‬ ‫‪٣٧‬‬
‫‪١١٤−١١٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٣٨‬‬
‫‪١١٤−١١٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٣٩‬‬
‫‪١١٦−١١٥‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤٠‬‬
‫‪١١٨−١١٧‬‬ ‫●‬
‫א‬ ‫א‬
‫‪١٢٠−١١٩‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤١‬‬
‫‪١٢٢−١٢١‬‬ ‫א‬ ‫א א‬ ‫‪٤٢‬‬
‫‪١٢٤−١٢٣‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤٣‬‬
‫‪١٢٦−١٢٥‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤٤‬‬
‫‪١٢٨−١٢٧‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤٥‬‬
‫‪١٢٨−١٢٧‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤٦‬‬
‫‪١٣٠−١٢٩‬‬ ‫א א‬ ‫א‬ ‫‪٤٧‬‬
‫‪١٣٢−١٣١‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤٨‬‬
‫‪١٣٢−١٣١‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤٩‬‬
‫‪١٣٤−١٣٣‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٥٠‬‬
‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫‪٪٦ ٨‬‬ ‫א ‪٢٧ ٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)‪( ٨‬‬ ‫א‬
‫א‬ ‫א‬ ‫‪٪٦٨ ٧‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א ‪٠ ٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫‪/‬‬ ‫א‬ ‫א‬ ‫‪:‬א‬
‫‪.٢٠٠٨‬‬ ‫א‬
‫א‬ ‫)‪ (M0‬א‬ ‫א‬ ‫‪−‬‬
‫א‬ ‫‪،‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪ ،٪١٥ ٧‬א א‬ ‫א‬ ‫‪،٪٢٦ ١‬‬ ‫א‬ ‫‪، ٢٠٠٨‬‬ ‫א‬ ‫‪٪٣٢ ٣‬‬ ‫א‬ ‫‪/‬‬ ‫א‬ ‫‪٪٣ ٦‬‬ ‫א ‪٦١‬‬ ‫)‪(M0‬‬ ‫א‬ ‫)‪( ١‬‬ ‫א‬
‫‪٠٪٢٤ ١‬‬ ‫(‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫‪٠٪ ١ ٨‬‬ ‫‪،‬‬ ‫א ‪١٥ ٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫אא‬ ‫‪.٢٠٠٩/٢٠٠٨‬‬ ‫א‬
‫‪.‬‬ ‫א ‪٩٧‬‬ ‫א א א‬ ‫א א א‬
‫א‬ ‫‪−‬א‬
‫‪،‬‬ ‫א ‪٧٢ ٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬
‫א‬ ‫א‬
‫א‬ ‫א‬ ‫‪،‬‬ ‫‪١٨‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א ‪١٠ ٧‬‬ ‫א‬ ‫א‬
‫א א‬ ‫‪ ٢٠٠٨‬א‬ ‫‪٢٥‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א ‪٥٤ ٢‬‬ ‫א א‬ ‫א‬
‫‪٪١١ ٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א ‪٠‬‬ ‫א ‪٪١٣ ٥‬‬ ‫‪٪١١ ٥‬‬ ‫א א‬
‫‪٠‬‬ ‫א‬ ‫)‪ (M2‬א‬ ‫א‬ ‫‪:‬א‬ ‫א‬ ‫‪−‬א‬
‫‪٪٢٠ ٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א ‪،‬‬ ‫א‬ ‫א‬ ‫א‬
‫‪١٨ ١‬‬ ‫‪،٢٠٠٨‬‬ ‫‪٧٨٤ ٨‬‬ ‫)‪(M2‬‬ ‫א‬ ‫)‪ ( ٢‬א‬ ‫א‬
‫א א ‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٪٢٠ ٢‬‬ ‫‪٢٠٠٨‬‬
‫א ‪٥٧‬‬ ‫)‪(M1‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א ‪.٢٠٠٩/٢٠٠٨‬‬ ‫‪/‬‬ ‫א‬ ‫‪٪٢ ٤‬‬
‫א‬ ‫א א ‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪−‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.٪٢ ١‬‬ ‫א ‪١٢ ٤‬‬ ‫א‬ ‫‪،٪ ٣ ٣‬‬
‫א‬ ‫א‬ ‫‪−‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫אא‬
‫‪٠‬‬ ‫א‬ ‫‪ ،٪ ٨ ٧‬א‬ ‫א ‪٩١‬‬ ‫א‬ ‫א‬ ‫א א א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪٠٪ ٥ ٢‬‬ ‫א ‪٣٤‬‬ ‫א‬ ‫א א א‬
‫א‬ ‫‪،‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬
‫א א‬ ‫‪٠ ٪٤ ٦‬‬ ‫‪٧٣‬‬ ‫א‬ ‫‪ ،٪ ١ ٢‬א א‬ ‫א ‪٥١‬‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪.٢٠٠٨‬‬ ‫א‬ ‫א א‬ ‫‪٪٧٥ ١‬‬ ‫( ‪٥٠٣ ٩‬‬ ‫)‬ ‫א‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫‪−‬‬ ‫א‬ ‫א‬
‫‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫‪ ،٢٠٠٨‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬
‫‪٠ (١٥‬‬ ‫‪) ٪١١ ٦٨٩ ،٪١١ ٥٧٦‬‬ ‫א‬ ‫‪١٤‬‬ ‫‪٦‬‬ ‫א‬ ‫א א‬ ‫א א‬ ‫‪/‬‬ ‫א‬ ‫‪٪١٨ ٧‬‬ ‫‪٥٦ ٦‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫)‪( ٥‬‬ ‫‪.‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.٢٠٠٩/٢٠٠٨‬‬
‫)‪٠( ١٥‬‬ ‫א‬ ‫‪،٢٠٠٨‬‬ ‫א‬ ‫א‬
‫א‬ ‫‪، ٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫)‪(١٦‬‬ ‫א‬
‫‪،٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫‪/‬‬ ‫א‬ ‫‪٪١٦ ٢‬‬ ‫א ‪٧٤ ٧‬‬ ‫א‬ ‫א‬ ‫א‬
‫‪٥٥١ ٤‬‬ ‫‪،٪٠,١‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬
‫‪ ،٪١٣,٢‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א א (‪٠‬‬ ‫‪٥٥١,٧‬‬ ‫)‬ ‫א‬ ‫‪.٪١ ٨‬‬ ‫‪٢٠‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،٪١٣ ٤‬‬ ‫א ‪٧٦ ٧‬‬ ‫א‬ ‫א‬
‫‪،٪ ٢,٧‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٪٠,٩‬‬ ‫‪ ،٪٣,٦‬א א א‬ ‫‪ ، ٪١٠,٣‬א א‬ ‫א ‪٥٥ ٤‬‬ ‫א‬ ‫א‬ ‫‪(٤‬‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬
‫‪٠ ٪٠,٠١‬‬ ‫א א‬ ‫‪ ،٪٠,٠٢‬א‬ ‫א‬ ‫‪ ،٪٠,١‬א‬ ‫א‬ ‫‪ ،٪١,٠‬א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א ‪٧٩‬‬ ‫א‬ ‫‪ ،‬א‬ ‫א ‪١١ ٤‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬
‫א‬ ‫א‬ ‫א‬ ‫)‪(١٧‬‬ ‫א‬ ‫‪.‬‬ ‫א ‪٢٠‬‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫(‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫‪−‬א‬
‫‪/‬‬ ‫א‬ ‫‪٪١ ٣‬‬ ‫א ‪٠٥‬‬ ‫א‬ ‫א‬ ‫) ‪ ( ١٩‬א‬ ‫א‬ ‫א‬ ‫‪٪١ ٣‬‬ ‫א ‪١٤ ٤‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)‪ ( ٧‬א א‬ ‫א‬
‫‪٠‬‬ ‫א א‬ ‫‪٦٧‬‬ ‫‪،٢٠٠٨‬‬ ‫‪٣٤ ١‬‬ ‫‪،٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫‪.٢٠٠٨‬‬ ‫‪١٠٦٨ ٩‬‬ ‫‪،٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫‪/‬‬
‫‪،٢٠٠٨‬‬ ‫‪٣٣ ٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫)‪ (٢٠‬א‬ ‫א‬
‫‪٠٨‬‬ ‫א ‪٠٣‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ ،٢٠٠٨‬א‬ ‫‪٠٦‬‬
‫‪٠٢٠٠٨‬‬
‫‪-1-‬‬
‫‪-2-‬‬
‫א‬ ‫‪−‬א‬ ‫א‬ ‫‪:‬א‬
‫‪٣٢ ٥‬‬ ‫‪،‬‬ ‫‪١ ٤.‬‬
‫)‪(٣٤‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪−‬‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،(٢٠٠٨‬‬ ‫‪) ٢٠٠٨‬‬ ‫א ‪٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪( ٢١‬‬ ‫)‬ ‫א א‬
‫‪٠٧‬‬ ‫) א‬ ‫‪٠١‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫‪١٣‬‬ ‫א‬ ‫אא‬ ‫(‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪١٢‬‬ ‫‪)،‬‬ ‫‪٠٥‬‬
‫א ‪٠١‬‬ ‫‪ ،‬א‬ ‫א א‬ ‫‪٠‬‬ ‫(‬ ‫‪٠٦‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫(‪،‬‬ ‫‪١٧‬‬ ‫)‬ ‫‪٢٢‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫(‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א ‪) ٢٠٠٩/٢٠٠٨‬‬ ‫‪/‬‬ ‫א‬ ‫‪٠٩‬‬ ‫(‪٠‬‬ ‫‪٠١‬‬ ‫)‬ ‫‪١٠‬‬
‫א‬ ‫‪،( ٪ ٥ ٨‬‬ ‫‪) ٪٥ ٤‬‬ ‫(‪،‬‬ ‫א‬ ‫)‬ ‫א‬ ‫א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א א‬ ‫א א‬ ‫א א ‪،٢٠٠٩/٢٠٠٨‬‬ ‫‪/‬‬ ‫א‬ ‫‪٪٢٤ ٦‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫(‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٣٠‬‬ ‫)‬ ‫‪١٧‬‬
‫‪.٢٠٠٨‬‬ ‫‪٪٢٠ ١‬‬ ‫‪٢٠٠٨‬‬ ‫‪٪١٦ ١‬‬ ‫א‬ ‫א‬ ‫‪٣٠‬‬ ‫(–‬ ‫‪١٤‬‬ ‫)‬ ‫‪٣٥‬‬ ‫א‬
‫‪٠٤‬‬ ‫‪،‬‬ ‫א‬ ‫‪٪٨٧ ٣‬‬ ‫(‬ ‫)‬ ‫א א א‬ ‫א‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫‪٠١‬‬ ‫(‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫‪:‬‬ ‫(‪٠‬‬ ‫א‬ ‫‪٠٦‬‬ ‫)‬ ‫‪٤٩‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫‪−‬א‬ ‫(‪٠‬‬ ‫‪٠٤‬‬ ‫)‬ ‫‪٠٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫) א א‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪٧٠‬‬ ‫‪٪٣٤ ٦‬‬ ‫א א א‬ ‫א‬ ‫א א‬
‫א‬ ‫‪٤٣ ٩‬‬ ‫אא‬ ‫א‬ ‫‪ ٢٠٠٩/٢٠٠٨‬א‬ ‫א א‬ ‫‪/‬‬ ‫א‬ ‫(‬ ‫א‬ ‫א‬ ‫‪٪٣٤ ٤‬‬ ‫א א‬ ‫‪ ٠‬א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫‪٢٢ ٨‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫‪٦٦ ٧‬‬ ‫א‬ ‫‪ ،‬א‬ ‫‪٧٤‬‬ ‫‪٪٢٢ ٦‬‬ ‫א‬ ‫א‬ ‫(‬ ‫‪٣٠‬‬ ‫)‬ ‫‪٤١‬‬
‫‪(٣٦‬‬ ‫‪)٠‬‬ ‫‪٢٥ ١‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫‪٢٣‬‬ ‫‪٠‬‬ ‫‪٣٤‬‬ ‫‪٪١٠ ٨‬‬ ‫א‬ ‫א‬
‫א‬ ‫א א‬ ‫‪−‬‬ ‫‪٢٠٤٩ ٠‬‬ ‫)‬ ‫‪١٩٧٤ ٠‬‬ ‫‪٪٣ ٧‬‬ ‫א‬ ‫א‬
‫‪ ،‬א‬ ‫א א ‪ ،‬א א א‬ ‫)א‬ ‫א‬
‫א א‬ ‫א א‬ ‫א‬ ‫א‬ ‫(‪ ،‬א‬ ‫א‬ ‫א‬ ‫‪) ٪٢ ١‬‬ ‫א‬ ‫א‬ ‫( א‬
‫א‬ ‫‪ ،‬א‬ ‫‪٤٢ ٧‬‬ ‫א אא‬ ‫א א ‪ ٢٠٠٩/٢٠٠٨‬א‬ ‫‪/‬‬ ‫א‬ ‫(‬ ‫א‬ ‫‪٠ ٪٣١ ٢‬‬
‫‪٣٦٧‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫‪٢٢ ٤‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫‪٦٥ ١‬‬ ‫‪:‬‬ ‫א‬ ‫‪−‬א‬
‫‪(٣٦‬‬ ‫‪)٠‬‬ ‫‪٢٢ ٨‬‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫‪/‬‬ ‫א‬ ‫א‬ ‫א‬ ‫(‬ ‫א א א א א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٪ ٣٥ ٨‬‬ ‫‪٢٣ ٣‬‬ ‫‪٢٠٠٩/٢٠٠٨‬‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫‪−‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫‪٪١٩ ٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫‪،‬‬ ‫‪٪٧٣ ٢‬‬ ‫א‬ ‫‪٢٠٠٨‬‬ ‫‪٦٩٩ ٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠٪٣٢ ٩‬‬ ‫א‬ ‫‪،٪ ٢ ٨ ، ٪ ٧ ٧‬‬ ‫א‬
‫‪٥١٢ ٦‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠ ٪١٩ ٥‬‬ ‫א‬ ‫א‬ ‫‪٪٧ ٣‬‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א א‬ ‫א‬
‫א‬ ‫א‬ ‫‪،٢٠٠٨‬‬ ‫‪٣٣ ٩‬‬ ‫‪٢٠٠٨‬‬ ‫‪٪٦٢ ٩‬‬ ‫א א‬ ‫א‬ ‫‪ ٪٣٦ ٣‬א‬ ‫‪،‬‬ ‫‪٨٢‬‬ ‫א א‬ ‫א‬
‫א‬ ‫‪١٣٦ ٥‬‬ ‫) (‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫‪٠٦‬‬ ‫‪٥٠ ٧‬‬ ‫א‬ ‫‪ ٠‬א‬ ‫‪٤١‬‬ ‫‪٪١٦ ٩.‬‬ ‫א‬ ‫א א‬ ‫‪،‬‬ ‫‪٤١‬‬ ‫א‬
‫‪(٣٧‬‬ ‫‪)٠‬‬ ‫‪٠٨‬‬ ‫‪٠ ٪٤ ٠‬‬ ‫א‬ ‫א‬ ‫א א א‬ ‫א‬
‫א‬ ‫‪:‬א‬ ‫א‬ ‫‪:‬‬ ‫א א א א‬ ‫א‬
‫א‬ ‫‪−‬א‬ ‫א א א‬ ‫‪ ،٪٣٥ ٥‬א‬ ‫‪٤٠‬‬ ‫א א א א‬ ‫א‬ ‫א‬
‫‪٣١٧ ٨‬‬ ‫‪٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫(‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫‪ ،‬א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫‪،‬‬ ‫א‬ ‫א‬
‫)‬ ‫א‬ ‫א‬ ‫‪٠(٤٨‬‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٪٥ ٦‬‬ ‫‪٣٠٠ ٨‬‬ ‫‪٠٪ ٧ ٤‬‬ ‫א‬ ‫א א א א א א‬ ‫א א א ‪٠‬‬ ‫א‬ ‫‪٪٨٣ ٢‬‬ ‫א‬
‫‪).‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٪٢٣ ٣‬‬ ‫‪٣٣١ ١‬‬ ‫‪٤٠٨ ١‬‬ ‫(‬ ‫א‬ ‫א א א ‪:‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪(٤٩‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫‪٪٣٤ ٠‬‬ ‫א א‬ ‫א א‬ ‫א‬ ‫א‬
‫‪٢٠٠ ٧‬‬ ‫‪٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫א (‬ ‫)‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א ‪ ،‬א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬
‫‪،‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪٠٪ ٥ ٩‬‬ ‫‪١٨٩ ٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬
‫‪.(٤٣‬‬ ‫)‬ ‫א‬ ‫א ‪،‬‬ ‫‪،‬א‬ ‫א‬ ‫א‬ ‫‪،‬א א א ‪،‬‬ ‫א‬ ‫א ‪،‬א‬ ‫א‬ ‫‪،‬‬ ‫א א א א‬ ‫א ‪ ،‬א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א א‪ ،‬א‬ ‫‪،‬‬ ‫‪،‬א‬ ‫‪ ،‬א‬ ‫א‬
‫‪٢٦٣ ١‬‬ ‫‪٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫(‬ ‫א‬ ‫)‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א ‪،‬‬ ‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪(٤٤‬‬ ‫‪) ٠٪٢٥ ٨‬‬ ‫א א א‬ ‫א‬ ‫‪٢٠٩ ١‬‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫‪، ٪٣٦ ١‬‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א א א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬
‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א א א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א א א א‬ ‫א א א‬
‫‪٠‬‬ ‫א‬
‫‪-4-‬‬ ‫‪-3-‬‬
‫‬
‫‪٢٠٩ ٥‬‬ ‫‪٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫(‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫(‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠(٤٥‬‬ ‫‪) ٪٥ ٨‬‬
‫א‬ ‫‪:‬א‬ ‫‪. (٤٦‬‬ ‫‪) ٪٢٥ ٨‬‬ ‫‪٢٧٤ ٦‬‬ ‫‪٢٠٠٩/٢٠٠٨‬‬ ‫א‬
‫‪:‬‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪−‬א‬

‫‪٪٢٩ ٧‬‬ ‫א ‪،٢٠٠٩/٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٤٣ ٥‬‬ ‫א א‬ ‫א‬ ‫א‬
‫) ‪: ( M0‬‬ ‫א‬ ‫‪،٪١٥ ٨‬‬ ‫א‬ ‫א ‪ ،‬א‬ ‫א‬ ‫‪٪٧٠ ٤‬‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א א א‬ ‫א‬
‫א‬ ‫‪.‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫א א‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪(٤٧‬‬ ‫‪) ٠٪ ٩ ٥‬‬ ‫א‬ ‫‪ ،٪ ٤ ٣‬א‬ ‫א‬ ‫א‬
‫א‬ ‫א א‬ ‫א‬ ‫א ‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)‪. (M2‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪−‬א‬
‫‪.‬‬ ‫א‬
‫‪٢٠٠٨‬‬ ‫( ‪٪٢٠ ٣‬‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬
‫‪٪٠ ١‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א ‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠٢٠٠٧‬‬
‫‪:‬‬ ‫א‬ ‫א‬
‫א‬ ‫(‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א א‬ ‫(‬ ‫א‬ ‫)א‬ ‫‪(٤٢‬‬ ‫‪)٠ ٢٠٠٨‬‬ ‫‪٢٠٠٨‬‬
‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫א א ]‪( [M2‬‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫‪٢٠٠٨‬‬ ‫‪٪٥ ١‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א‬ ‫(‬ ‫א‬ ‫א‬ ‫‪(٤٢‬‬ ‫‪) ٠ ٢٠٠٨‬‬ ‫‪٢٠٠٨‬‬ ‫‪٪٥ ٥‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠٢٠٠٧‬‬
‫‪−‬א‬
‫) ‪: ( M2‬‬ ‫א‬ ‫א‬
‫א‬ ‫‪،٢٠٠٨‬‬ ‫‪٪٦ ٧‬‬ ‫‪٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫)‪(M1‬‬ ‫א‬ ‫א‬
‫‪١٠١ ٣‬‬ ‫‪١٨‬‬ ‫‪،‬‬ ‫‪١١٨ ٢‬‬ ‫‪٢١‬‬ ‫א‬ ‫א א‬ ‫‪،‬‬ ‫‪٩٤٥ ٢‬‬ ‫‪٢٠٠٨‬‬ ‫א‬
‫) ‪: ( M1‬‬ ‫א‬ ‫א‬ ‫‪(٤٢‬‬ ‫‪)٠‬‬
‫א‬ ‫א‬ ‫‪ ،‬א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א א‬
‫א ‪.‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪−‬א‬
‫‪٠٢٠٠٨‬‬ ‫‪٪٤ ٧‬‬ ‫‪٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪:‬‬ ‫א‬ ‫א‬ ‫‪٠٪٢١ ٩‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ ، ٪٢ ٦‬א‬ ‫א‬ ‫א‬ ‫א‬
‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ ،‬א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪٪٣ ١ ،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٪٣٣ ٢‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٪٩٢ ١‬‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫א(‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪( ٥٢‬‬ ‫‪)٠‬‬ ‫א‬ ‫א‬ ‫‪٪٠ ٩‬‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫‪ ٪٢٤ ٠ ،‬א‬ ‫א‬ ‫א‬ ‫‪ ٪٣٨ ٨ ،‬א‬ ‫א‬
‫‪:‬‬ ‫א‬ ‫א‬ ‫‪−‬א‬
‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،٢٠٠٨‬‬ ‫‪٪٩ ٩‬‬ ‫‪٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫(‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫אא‬ ‫‪.‬‬
‫‪٠٪٢٥٩ ٥‬‬ ‫א‬ ‫‪ ،٪ ٧ ٧‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ ،٪ ٠ ٥‬א‬ ‫א‬
‫‪:‬‬ ‫א‬ ‫א‬ ‫‪( ٥٣‬‬ ‫‪) ٠٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א א א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪−‬א‬

‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫(א‬ ‫א‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫‪،٢٠٠٨‬‬ ‫‪٪١٦,١‬‬ ‫‪٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬
‫‪ .‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א א א‬ ‫א‬ ‫א‬ ‫‪(٥٤‬‬ ‫‪) ٠ ٢٠٠٨‬‬ ‫‪٪١٦,١‬‬ ‫‪٢٠٠٨‬‬ ‫א‬ ‫א‬ ‫‪.٪٥,٥‬‬
‫‬
‫‬
‫‪-6-‬‬ ‫‪-5-‬‬
‫(‪،‬‬ ‫א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)‪−: (GOR‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬
‫‪،‬‬ ‫א‬ ‫א א א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫(‪،‬‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א א‬ ‫א א‬ ‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)‪− : (NIR‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫(‪،‬‬ ‫א א‬ ‫)א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬
‫‪:‬‬ ‫א א‬ ‫א‬
‫‪ ،‬א‬ ‫א‬ ‫א(‬ ‫)‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א א א‬ ‫(‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫‪:‬‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬
‫א א ‪:‬‬ ‫א א‬ ‫א‬ ‫א‬
‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א א‬ ‫א אא א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א א‬ ‫א‬
‫‪.‬‬ ‫א‬
‫א‬ ‫א‬ ‫(‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫‪/‬א‬ ‫א‬
‫א‬ ‫‪:‬א‬ ‫‪.‬‬ ‫א‬ ‫א‬
‫‪:‬‬ ‫א א‬ ‫‪−‬‬
‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫‪/‬א‬ ‫א‬
‫(‬ ‫)‬ ‫א‬ ‫( א‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪ ،‬א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫‪.‬‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫‪/‬א‬ ‫א‬ ‫א‬
‫א א א א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫א א‬
‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪. (١٩٩٣‬‬ ‫)‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬
‫א א‬ ‫א א א‬ ‫‪،‬‬ ‫א א א‬ ‫א א‬ ‫א‬ ‫‪،‬‬ ‫א א א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫א א ‪/‬‬ ‫א‬
‫‪،‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪/‬א‬ ‫אא‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬
‫‪.‬‬ ‫א‬ ‫א‬ ‫א א א א‬ ‫‪.‬‬ ‫א‬ ‫א‬
‫‪:‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫‪/‬‬ ‫א‬ ‫אא‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א א‬ ‫א א א‬ ‫א א א א‬ ‫‬ ‫‬ ‫א אא‬ ‫א א‬ ‫א‬ ‫(‬ ‫)‬ ‫א‬ ‫א‬ ‫(‬ ‫)‬
‫א‬ ‫א‬ ‫א א‬ ‫‪،‬‬ ‫א‬ ‫א‬
‫‪:‬‬ ‫א א א‬ ‫‪.‬‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫(‪،‬‬ ‫)‬ ‫א א‬ ‫א‬ ‫‪−‬‬
‫‪.‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬
‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫‪/‬‬ ‫א‬
‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫(‬ ‫)‬ ‫א א א א‬ ‫א‬ ‫‪−‬‬
‫‪.‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫‪/‬‬ ‫א‬
‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫‪:‬‬ ‫اﻷﺻﻮل‬ ‫‪/‬א‬ ‫א א‬ ‫א‬
‫‪:‬‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬
‫(א‬ ‫)א א א א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‬ ‫‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א א‬ ‫א א‬ ‫‪:‬‬ ‫א‬ ‫א א ‪ /‬א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫(‬ ‫א א‬ ‫)‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪.‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א א‬ ‫‪ /‬א‬ ‫א‬ ‫א‬
‫א א ‪.‬‬
‫‪-8-‬‬ ‫‪-7-‬‬
‫‪:‬‬ ‫א‬ ‫‪:‬‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠‬‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪:‬‬ ‫א‬ ‫‪−‬‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫א א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫‪:‬‬ ‫א‬ ‫‪−‬‬
‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠‬‬ ‫א‬ ‫א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א א‬

‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬
‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠‬‬ ‫א‬
‫א א‬ ‫–א‬ ‫א‬ ‫א‬ ‫– א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫אא‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א ‪،‬‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫אא‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬
‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫אא‬ ‫‪،‬‬ ‫א א א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫א א‬ ‫א‬
‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫אא‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א ‪−:‬‬ ‫א‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א אא‬ ‫א‬ ‫א א‬ ‫‪:‬‬ ‫א‬ ‫א‬
‫‪−‬‬ ‫א‬ ‫‪−‬‬ ‫א‬ ‫א‬ ‫‪٠‬‬ ‫(‬ ‫א‬ ‫א‬ ‫א א א‬ ‫א א‬ ‫)א‬ ‫‪:‬‬ ‫א‬ ‫א‬
‫א אא‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫) א א‬ ‫א‬ ‫‪،‬‬ ‫א א ‪:‬א אא א‬ ‫א א א‬ ‫א‬ ‫‪،‬‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬
‫‪ ،‬א א א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬ ‫‪:‬א‬ ‫א‬ ‫( א ‪٠‬‬ ‫א‬ ‫‪٠‬‬ ‫א‬ ‫א‬ ‫א א א‬ ‫(‬ ‫א‬ ‫א‬ ‫)א‬
‫‪٠‬‬ ‫א‬ ‫א א‬ ‫א (‬ ‫)א‬ ‫א‬ ‫א‬ ‫‪ ،‬א‬ ‫א א א‬ ‫א‬ ‫‪ ،‬א‬ ‫א‬
‫אא‬ ‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א א א‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫א‬
‫א א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠‬‬ ‫א‬
‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬ ‫א‬
‫‪٠ ٢٠٠٦/٦/٣٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠‬‬
‫‪٠‬‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫‪:‬‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫א ‪٠‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪٠‬‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫‪٠‬‬ ‫א‬
‫‪-10--‬‬
‫‪-9-‬‬
‫א‬ ‫א א‬ ‫א‬
Main Macroeconomic Indicators
Main Macroeconomic Indicators ‫أهﻢ اﻟﻤﺆﺷﺮات اﻹﻗﺘﺼﺎدﻳﺔ اﻟﻜﻠﻴﺔ‬
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008

+
2008/2009
+
During Fiscal Years ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008+ Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
External Sector ‫א‬ ‫א‬

Balance of Payments (%) (٪) ‫א א‬
Merchandise Exports / Merchandise Imports 57.2 57.2 60.6 57.5 55.6 59.2 56.8 52.4 53.5 54.0 58.4 56.2 53.8 ‫א א א א‬/ ‫א א‬ ‫א‬
Service Receipts / Service Payments 229.2 209.1 188.6 228.4 222.2 211.6 251.3 216.2 199.9 223.3 234.4 230.9 221.2 ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Current Receipts / Current Payments 114.3 109.3 104.4 104.8 101.4 103.6 109.9 95.9 99.1 99.0 104.3 102.7 94.8 ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Current Receipts (Excluding Official Transfers) / Current Payments 110.6 105.9 103.0 103.1 99.9 102.5 106.3 94.9 98.3 98.4 103.3 99.4 94.4 ‫א‬ ‫א‬/( ‫א‬ ‫א‬ ) ‫א‬ ‫א‬
Services Balance / Trade Balance Deficit 93.4 75.7 68.3 70.6 63.9 68.2 76.7 52.6 58.1 61.4 73.3 62.9 58.0 ‫א א א‬ / ‫א א א‬
Trade Balance / GDP -10.0 -11.6 -11.2 -12.5 -14.4 -2.8 -3.0 -4.2 -3.3 -3.7 -3.4 -4.0 -3.4 ‫א‬ ‫א‬ ‫א‬/ ‫א א א‬
Current Account / GDP 4.3 3.3 1.6 1.7 0.5 0.3 0.9 -0.4 -0.1 -0.1 0.4 0.3 -0.5 ‫א‬ ‫א‬ ‫א‬/ ‫א א א‬
Overall Balance / GDP -0.2 5.0 3.0 4.1 3.3 1.4 0.2 1.7 0.7 1.2 1.1 0.3 0.2 ‫א‬ ‫א‬ ‫א‬/ ‫א א א‬
FDI in Egypt (net) / GDP 0.5 4.4 5.7 8.5 8.1 3.1 1.4 1.5 1.9 3.0 2.1 1.2 0.8 ‫א‬ ‫א‬ ‫א‬/( ) ‫א‬ ‫א‬ ‫א‬
External Debt (%) (٪) ‫א‬ ‫א‬
External Debt / GDP * 38.1 31.1 27.6 22.8 20.1 22.2 22.0 22.8 20.2 20.2 21.0 20.1 16.1 * ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬
External Debt / Exports of Goods and Services ** 127.5 100.3 82.4 70.4 59.9 291.5 279.0 258.7 265.3 236.9 233.3 213.5 208.6 ** ‫א‬ ‫א א‬ ‫א‬/ ‫א‬ ‫א‬
Short-term External Debt / Total External Debt * 6.6 6.4 5.5 4.8 7.4 5.9 5.3 4.8 5.6 6.8 8.2 7.4 8.1 * ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Medium- & Long-Term External Debt / Total External Debt * 93.4 93.6 94.5 95.2 92.6 94.1 94.7 95.2 94.4 93.2 91.8 92.6 91.9 * ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Short-term External Debt / Net International Reserves * 13.3 9.6 7.1 5.1 7.3 6.6 5.7 5.1 5.9 7.1 8.4 7.3 7.6 * ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Government External Debt / Total External Debt * 63.5 63.0 63.7 65.2 63.9 64.3 64.2 65.2 65.4 64.7 63.3 63.9 78.2 * ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Government External Debt / GDP * 21.0 19.6 17.6 14.9 12.9 14.3 14.1 14.9 13.2 13.1 13.3 12.9 11.6 * ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
External Debt Service / Exports of Goods & Services 10.8 9.4 8.5 6.9 5.1 6.5 7.8 2.9 6.7 3.2 6.1 4.4 6.1 ‫א‬ ‫א א‬ ‫א‬/ ‫א‬ ‫א‬
External Debt Service / Current Receipts 9.2 7.9 7.3 5.9 4.3 5.6 6.5 2.5 5.8 2.8 5.4 3.7 5.4 ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Interest Payments / Exports of Goods & Services 2.6 2.0 1.6 1.5 1.3 0.9 2.2 0.8 2.1 0.7 2.0 0.6 1.8 ‫א‬ ‫א א‬ ‫א‬/ ‫א א א‬
Interest Payments / Current Receipts 2.2 1.7 1.4 1.3 1.1 0.8 1.8 0.7 1.8 0.6 1.8 0.5 1.6 ‫א‬ ‫א‬/ ‫א א א‬
External Debt per Capita (US$) * 423.4 402.6 401.7 398.5 450.0 386.0 383.1 398.5 425.5 437.8 460.1 450.0 431.2 *( ) ‫א‬ ‫א‬ ‫א‬
+ Provisional. . +
* End of period. . ‫א‬ *
** External debt / exports of goods & services ( during the period ). .( ‫א‬ ) ‫א‬ ‫א א‬ ‫א‬/ ‫א‬ ‫א‬ **
- 14 - - 13 -
Main Macroeconomic Indicators ‫أهﻢ اﻟﻤﺆﺷﺮات اﻻﻗﺘﺼﺎدﻳﺔ اﻟﻜﻠﻴﺔ‬
% %
2003 2004 2005 2006 2007 2008 2008
+
End of * *
+
June June June June June April May June July August Sept. Oct. Nov.
Financial & Monetary Sector ‫א‬ ‫א‬ ‫א‬
Growth rate of reserve money (M0) 12.4 13.7 7.2 14.8 15.6 25.3 31.4 26.7 21.0 15.5 25.2 19.0 12.8 (M0) ‫א‬
Growth rate of money supply (M1) 12.4 15.5 15.6 21.8 20.1 31.5 34.8 29.9 24.9 25.9 25.2 19.4 18.1 ( M1) ‫א‬ ‫א‬
Domestic liquidity growth rate (M2) 16.9 13.2 13.6 13.5 18.3 22.9 17.3 15.7 15.5 15.4 14.1 13.1 11.4 ( M2) ‫א‬ ‫א‬
Money multiplier (M2 / M0) 4.63 4.61 4.89 4.83 4.94 4.76 4.65 4.51 4.59 4.68 4.37 4.55 4.79 (M2 / M0) ‫א‬
Currency in circulation / money supply 71.8 72.1 70.3 67.9 66.2 60.6 61.1 61.4 62.9 62.1 63.6 65.1 64.5 ‫א‬ ‫א‬/ ‫א א‬ ‫א‬
M2/GDP 92.04 89.62 91.71 90.72 88.98 84.88 85.02 85.52 70.59 71.13 70.83 71.07 71.46 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Income velocity of money (GDP/M2) 1.09 1.12 1.09 1.10 1.12 1.18 1.18 1.17 1.42 1.41 1.41 1.41 1.40 ( ‫א‬ ‫ א‬/ ‫א‬ ‫א‬ ‫)א‬ ‫א‬ ‫א‬
Growth rate of domestic liquidity in local currency 10.6 11.5 19.8 13.6 20.1 25.5 21.7 19.3 18.7 18.9 17.5 14.1 12.8 ‫א‬ ‫א‬ ‫א‬
M2 in local currency /GDP 66.88 64.13 69.21 68.55 68.30 66.12 67.12 67.69 56.02 56.52 56.27 55.70 56.24 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Total deposits growth rate 17.3 12.8 13.7 12.8 18.5 23.30 16.50 15.00 15.03 14.82 12.76 12.14 10.09 ‫א א‬ ‫א‬ ‫א‬
Household deposits/ total deposits 78.8 78.2 78.8 78.2 73.0 65.9 67.1 67.6 67.6 67.6 69.4 69.9 69.5 ‫א א‬ ‫א‬/ ‫א‬ ‫א א‬
Growth rate of local currency deposits 9.9 10.5 21.3 12.8 20.8 26.6 21.6 19.0 18.7 18.9 16.4 13.0 11.4 ‫א‬ ‫א א‬ ‫א‬
Household local currency deposits/ total local currency deposits 81.2 80.4 82.0 82.5 76.3 69.4 70.0 70.5 70.6 70.7 72.8 74.6 74.1 ‫א‬ ‫א א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א א‬
Foreign currency deposits /total deposits 31.26 32.64 28.13 28.16 26.74 25.46 24.38 24.14 23.97 23.87 24.06 25.28 24.90 ‫א א‬ ‫א‬/ ‫א‬ ‫א א‬
Foreign currency deposits growth rate 37.8 17.8 -2.0 13.0 12.5 14.6 3.1 3.8 4.7 3.6 2.6 9.7 6.3 ‫א‬ ‫א א‬ ‫א‬
Household foreign currency deposits/total foreign currency deposits 73.4 73.5 70.8 67.3 63.9 55.8 58.2 58.6 57.8 57.6 58.6 56.3 55.8 ‫א‬ ‫א א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א א‬
Private business sector credit/total credit 55.3 52.9 48.9 47.0 50.6 48.1 47.9 51.1 50.1 49.5 48.6 47.8 46.8 ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Net claims on the government / total credit 26.7 29.9 34.3 36.1 33.6 34.8 34.9 30.5 31.9 32.2 33.4 34.4 35.4 ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Banking density (population in thousand for each banking unit) 26.3 24.9 24.8 24.5 24.2 22.9 22.8 ( ‫א‬ ) ‫א‬ ‫א‬
Note issue /GDP 12.51 12.30 12.54 12.79 12.52 12.09 12.47 12.54 10.55 10.61 11.10 10.99 11.10 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Equity /assets** 5.2 5.0 5.0 5.3 4.9 4.6 4.7 4.9 4.9 4.9 5.0 5.2 5.1 ** ‫א‬/ ‫א‬
Provisions /assets** 6.9 7.0 7.0 7.2 5.7 5.8 5.9 5.8 6.5 6.5 6.6 6.7 6.6 ** ‫א‬/ ‫א‬
Loans and discount balances /assets** 49.3 46.8 43.8 42.5 37.7 35.9 35.5 37.1 37.3 38.1 39.2 40.3 40.1 ** ‫א‬/ ‫א‬ ‫א א‬
Loans and discount balances / deposits with banks ** 70.6 64.2 59.3 57.0 54.4 53.3 53.6 53.7 53.9 54.5 56.0 56.5 56.1 ** ‫א‬ ‫א א‬/ ‫א‬ ‫א א‬
Deposits /assets** 69.8 72.9 73.9 74.7 69.3 67.4 66.2 69.0 69.3 69.8 70.1 71.4 71.5 ** ‫א‬/ ‫א א‬
Securities ( including TBs) /assets** 19.3 19.6 24.3 25.5 18.8 17.7 17.8 18.6 18.6 19.7 20.3 22.0 23.4 ** ‫א‬/( ‫א א‬ ‫א‬ ) ‫א א א‬
Securities ( including TBs) / deposits ** 27.6 26.9 32.8 34.1 27.1 26.3 26.9 27.0 26.8 28.2 29.0 30.8 32.7 ** ‫ א א‬/ ( ‫א א‬ ‫א‬ ) ‫א א א‬
Loans to private sector /total loans** 82.4 82.0 80.1 82.7 84.6 83.5 83.8 83.7 84.1 83.8 83.7 83.9 83.9 ** ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Foreign currency assets/foreign currency liabilities** 111.2 111.5 113.8 112.9 109.4 109.4 109.3 109.3 110.1 111.7 112.7 115.1 115.8 ** ‫א‬ ‫א‬/ ‫א‬ ‫א‬
2003 2004 2005 2006 2007 2008 2008

End of ‫א‬
June June June June June May June July August Sept. Oct. Nov. Dec.
Net International Reserves (US$ mn) 14809 14781 19302 22931 28559 34102 34572 34683 34819 35024 35031 34405 34112 ‫א‬ ‫א‬
Gross official reserves (US$ mn) 14845 14800 19322 22952 28589 34132 34603 34716 34850 35054 35065 34441 34163 ‫א‬ ‫א‬ ‫א‬
NIR in months of merchandise imports 12.0 9.7 9.6 9.0 8.9 7.8 7.9 6.9 6.9 6.9 6.9
++
6.8 ++
6.7 ++ ‫א‬ ‫א‬ ‫א‬ ‫א א א א‬
* Growth rates are calculated on an annual basis. . ‫א‬ *
** With banks operating in Egypt, except the CBE. . ‫א‬ ‫א‬ ‫אא‬ ‫א‬ ‫א‬ **
+ Provisional. . +
++ Estimated on the basis of merchandise imports during July/September of FY 2008/2009. . ٢٠٠٩/٢٠٠٨ ‫א‬ ‫א‬ / ‫א‬ ‫א א א א‬ ++
- 12 - - 11 -
Main Macroeconomic Indicators ‫א‬ ‫א א‬ ‫א‬
July / Sept.
During 2001/2002 2002/2003 2003/2004 2004/2005 2005/2006 2006/2007 2007/2008
2008/2009
Fiscal Sector ‫א‬
Consolidated Fiscal Operations of General Government (%) (٪) ‫א‬ ‫א‬ ‫א‬ ‫א‬
Expenditures / GDP 32.5 32.2 31.6 31.7 36.2 33.4 34.1 6.1 ‫א‬ ‫א‬ ‫א‬/ ‫א‬
Revenues / GDP 25.4 26.1 25.5 24.7 28.5 28.1 27.8 4.0 ‫א‬ ‫א‬ ‫א‬/ ‫א אא‬
Cash deficit (surplus) /GDP 7.1 6.1 6.1 7.0 7.7 5.2 6.4 2.1 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Overall deficit (surplus) /GDP 9.2 9.0 8.2 8.4 9.2 7.7 7.5 2.3 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Fiscal Operations of the State Budget (%) (٪) ‫א‬ ‫א‬ ‫א‬ ‫א‬
Expenditures / GDP 30.5 30.5 30.1 30.0 33.6 30.4 31.5 5.9 ‫א‬ ‫א‬ ‫א‬/ ‫א‬
Compensation of employees/ Total expenditures 26.4 26.6 25.5 25.7 22.5 23.5 22.3 28.0 ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Purchases of goods & services/ Total expenditures 7.5 6.7 6.4 7.8 6.9 7.7 6.5 4.9 ‫א‬ ‫א‬/ ‫א‬ ‫א א‬
Domestic & foreign interest/ Total expenditures 18.8 20.3 21.0 20.3 17.7 21.5 17.9 18.6 ‫א‬ ‫א‬/ ‫א‬ ‫א א א‬
Subsidies, grants & social benefits/Total expenditures 15.6 16.2 17.0 18.4 33.2 26.3 32.7 31.0 ‫א‬ ‫א‬/ ‫א א א‬ ‫א‬ ‫א‬
Purchases of non-financial assets (investments) / Total expenditures 17.1 15.9 15.7 14.4 10.2 11.5 12.1 8.8 ‫א‬ ‫ א‬/( ‫א‬ ‫)א‬ ‫א א‬
Other/ Total expenditures 14.5 14.4 14.4 13.4 9.5 9.5 8.5 8.7 ‫א‬ ‫א‬/
Revenues /GDP 20.7 21.4 21.0 20.6 24.5 24.6 24.7 3.9 ‫א‬ ‫א‬ ‫א‬/ ‫א אא‬
Tax revenues/ Total revenues 64.9 62.5 65.9 68.3 64.6 63.4 62.0 62.3 ‫א אא‬ ‫א‬/ ‫א אא א‬
Grants /Total revenues 5.4 3.7 5.0 2.6 1.6 2.2 0.7 6.3 ‫א אא‬ ‫א‬/ ‫א‬
Property income /Total revenues 16.3 15.4 14.6 16.0 24.0 25.0 23.7 14.1 ‫א אא‬ ‫א‬/ ‫א א‬
Sales of goods & services /Total revenues 7.2 7.1 7.6 6.5 5.2 5.4 5.4 3.7 ‫א אא‬ / ‫א‬ ‫א‬
Financing investment /Total revenues 2.2 2.5 2.5 2.8 2.0 2.4 2.6 0.7 ‫א אא‬ / ‫א‬ ‫א‬
Other/ Total revenues 4.0 8.8 4.4 3.8 2.1 1.6 5.6 12.9 ‫א אא‬ ‫א‬/
Cash deficit (surplus) /GDP 9.8 9.1 9.1 9.4 9.2 5.7 6.8 2.0 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Overall deficit (surplus)/ GDP 10.2 10.4 9.5 9.6 8.2 7.5 6.8 2.1 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
June June Sept.

End of (%) (٪)
2002 2003 2004 2005 2006 2007 2008 2008/2009
Domestic government debt / Domestic public debt 67.1 68.0 67.3 68.4 65.3 75.0 71.9 73.2 ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Economic authorities debt / Domestic public debt 12.5 10.6 9.2 9.2 8.0 7.0 7.5 7.3 ‫א א א‬/ ‫א‬ ‫א‬ ‫א‬
Net debt of NIB/ Domestic public debt 20.4 21.4 23.5 22.4 26.7 18.0 20.6 19.5 ‫א א א‬/ ‫א‬ ‫א‬
Total domestic public debt/ GDP 87.0 88.8 89.6 94.9 96.1 85.6 74.3 63.7 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬ ‫א‬
- 16 - - 15 -
Main Macroeconomic Indicators ‫أهﻢ اﻟﻤﺆﺷﺮات اﻻﻗﺘﺼﺎدﻳﺔ اﻟﻜﻠﻴﺔ‬
July / Sept.
During 2004/2005 2005/2006 2006/2007 2007/2008
2007/2008 2008/2009
Real Sector ( % ) (٪) ‫א‬ ‫א‬

Basic Indicators ‫א א‬ ‫א‬
Annual real growth rate of GDP at factor cost 4.6 6.9 7.1 7.2 6.5 5.9 ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Annual real growth rate of GDP at market prices 4.5 6.8 7.1 7.2 6.5 5.8 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Annual growth rate of GDP at factor cost and current prices 11.0 14.7 17.8 20.5 17.5 25.8 ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Annual growth rate of GDP at market and current prices 11.0 14.7 18.4 20.4 17.4 25.8 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Annual real growth rate of total domestic production 4.6 6.4 6.8 7.2 6.5 5.6 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Annual growth rate of total domestic production at current prices 9.9 13.2 15.3 19.4 17.3 23.3 ( ‫א‬
‫א‬ ) ‫א‬ ‫א‬ ‫א‬ ‫א‬
GDP at factor cost/Total domestic production (at current prices) 61.2 62.0 62.4 62.9 63.1 64.5 ( ‫א‬ ) ‫א‬ ‫א‬/ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
The share of private sector in GDP at factor cost and current prices 62.9 61.4 62.5 61.9 63.5 64.3 ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
The share of public sector in GDP at factor cost and current prices 37.1 38.6 37.5 38.1 36.5 35.7 ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
The share of agriculture sector in GDP at factor cost and current prices 14.9 14.1 14.1 13.2 16.2 16.8 ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬
The share of manufacturing sector in GDP at factor cost and current prices 17.8 17.0 16.1 16.3 15.4 15.5 ‫א‬ ‫א א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬
Annual Real Growth Rates in the Following Sectors: : ‫א‬ ‫א‬ ‫א‬
- Agriculture, irrigation and fishing 3.3 3.2 3.7 3.3 3.6 3.5 ‫א‬ ‫א‬ ‫א א‬−
- Extractions ( petroleum, natural gas, others ) 0.6 20.8 3.9 4.0 1.9 8.9 ( − − ) ‫א‬ ‫א‬−
- Manufacturing industries (petroleum refining, others ) 4.4 5.8 7.3 8.0 7.7 5.3 ( − ) ‫א‬ ‫א‬−
- Construction & building 5.0 14.0 15.8 14.8 14.4 9.5 ‫א‬ ‫א‬−
- Wholesale and retail trade 3.1 6.5 8.3 7.1 8.1 4.7 ‫א‬ ‫א‬ −
- Financial intermediaries and supporting services 4.1 5.3 7.1 7.6 8.0 3.6 ‫א‬ ‫א‬ ‫א‬ ‫א‬−
- Restaurants & hotels 21.1 4.3 13.2 24.3 16.1 14.2 ‫א‬ ‫א‬−
- Transportation and storage 6.0 7.5 8.0 8.1 7.8 6.7 ‫א‬ ‫א‬−
- Communications 9.4 10.3 14.1 14.2 15.6 10.9 ‫א‬−
Public consumption/GDP at market and current prices 12.7 12.3 11.3 10.9 11.7 10.8 ‫א‬ ‫א‬ ‫א‬ ‫ א‬/ ‫א‬ ‫א‬ ‫א‬
Private consumption/GDP at market and current prices 71.6 70.6 72.4 72.9 77.8 79.5 ‫א‬ ‫א‬ ‫א‬ ‫ א א‬/ ‫א‬ ‫א‬
Investments/GDP at market and current prices 18.0 18.7 20.9 22.3 15.3 15.8 ‫א‬ ‫א‬ ‫א‬ ‫א א‬ / ‫א‬
Domestic saving/GDP at market and current prices 15.7 17.1 16.2 16.2 10.5 9.7 ‫א‬ ‫א‬ ‫א‬ ‫ א א‬/ ‫א‬ ‫א‬
Domestic resource gap/GDP at market and current prices -2.3 -1.6 -3.3 -6.0 -4.9 -6.2 ‫א‬ ‫א‬ ‫א‬ ‫ א א‬/ ‫א א‬ ‫א‬
Annual real growth rate of final consumption 4.5 6.0 6.0 5.2 5.0 5.5 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Annual real growth rate of private consumption 4.8 6.4 6.9 5.7 5.5 5.5 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Annual real growth rate of public consumption 2.8 3.1 0.2 2.1 1.4 5.4 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
- 18 - - 17 -
Main Macroeconomic Indicators (Contd.) ‫ﺗﺎﺑﻊ أهﻢ اﻟﻤﺆﺷﺮات اﻻﻗﺘﺼﺎدﻳﺔ اﻟﻜﻠﻴﺔ‬
(Pre.
1995/1996 1996/1997 1997/1998 1998/1999 1999/2000 2000/2001 2001/2002 2002/2003 2003/2004 2004/2005 2005/2006 2006/2007 Estimates)
2007/2008
GDP at current & market prices ( LE bn ) 229.4 256.3 287.4 307.6 340.1 358.7 378.9 417.5 485.3 538.5 617.7 744.8 896.5 ( ) ‫א‬ ‫א‬ ‫א‬ ‫א‬
Productivity / worker (GDP at current & market prices divided by number of ( )( ‫א‬ ‫א‬ ‫א‬ ‫)א‬ ‫א‬ ‫א‬
14993 16222 17210 18310 19773 20381 21168 23066 25952 27902 30279 34323 39668
workers) (LE)
Average per capita GDP at current prices (LE) ( ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
(GDP at current & market prices/ population in Egypt) 3942 4315 4735 4961 5373 5544 5741 6204 7074 7693 8663 10120 .. ( ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)א‬
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Number of population in Egypt 1st July (million) 58.2 59.4 60.7 62.0 63.3 64.7 66.0 67.3 68.6 70.0 71.3 73.6 .. ( ) ‫א‬ ‫א‬
Number of employees (million) 15.3 15.8 16.2 16.8 17.2 17.6 17.9 18.1 18.7 19.3 20.4 21.7 22.6 ( ) ‫א‬
Unemployment rate (%) 9.6 8.4 8.2 8.1 9.0 9.2 10.2 11.0 10.3 11.2 10.6 8.9 8.4 (٪) ‫א‬
Labor force / population in Egypt (%) 29.0 29.1 29.0 29.4 29.9 29.5 29.0 29.4 30.6 30.8 31.8 32.5 .. (٪) ‫א‬ ‫א‬/ ‫א‬
Rate of natural increase ( per thousand ) 21.8 21.0 21.0 20.6 21.1 20.5 20.1 19.7 19.3 19.1 19.5 20.5 .. ( ‫א‬ ) ‫א‬ ‫א‬
Illiteracy (%) .. 39.4 .. .. .. 33.4 30.6 27.4 27.9 26.3 **29.3 .. .. (٪) ‫א‬
2008 2008
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008
April May June July August Sept. Oct. Nov.
Additional Indicators ‫א‬

Number of tourists (thousand) 7512 8650 8693 9788 .. .. .. .. .. .. .. .. .. ( ) ‫א‬ ‫א‬
Number of nights by departure (thousand) 73002 85730 85113 96270 .. .. .. .. .. .. .. .. .. ( ) ‫א‬
Cement production, grey and white (thousand tons) 28742 29308 35588 37084 39262 3407 3289 3313 3319 3486 2781 3057 .. ( ) ‫א‬ ‫א‬
Executed local sales of cement (thousand tons) 24457 24948 29804 32108 36817 3324 3150 3243 3436 3379 2548 2744 .. ( ) ‫א‬ ‫א‬ ‫א‬ ‫א‬
Iron production (thousand tons) 2905 2946 3090 3116 3232 240 251 275 303 284 240 278 .. ( ) ‫א‬
Iron sales (thousand tons) 2158 2365 2597 2658 3067 242 270 275 296 273 217 228 .. ( ) ‫א‬ ‫א‬
Total electricity, generated and purchased (M.KW/H) 94064 100065 107463 114251 124582 9799 10563 11258 12043 12375 11697 10582 .. ( .. ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Total electricity, utilizations (M.KW/H) 78692 85718 92814 98305 106906 8564 9035 9521 9653 10120 10194 9686 .. ( .. ) ‫א‬ ‫א‬ ‫א‬
Number of ships transiting Suez Canal 16174 17334 18476 19419 21080 1712 1840 1819 1854 1993 1872 1930 1770 ‫א‬ ‫א‬ ‫א‬
Ship tonnage (million tons) 578.7 646.2 702.3 792.5 890.9 73.1 76.7 76.3 79.4 84.1 79.6 81.2 73.6 ( ) ‫א‬
End of June 2008 2008
2005 2006 2007 2008 March April May June July August Sept. Oct. Nov.
x
Annual Inflation Rate (%) (Month /Corresponding Month of Previous year) ( ‫א‬ ‫א‬ ‫א‬ ‫א‬/ ‫(× )א‬٪) ‫א‬ ‫א‬
*
CPI (urban)* 4.7 7.2 8.6 20.2 14.4 16.4 19.7 20.2 22.0 23.6 21.5 20.2 20.3 ( ) ‫א‬ ‫א‬
PPI *** (International Standard Industrial Classification I.S.I.C) .. .. 6.9 33.7 23.7 25.7 32.9 33.7 32.3 29.4 22.6 13.0 5.1
***
‫א‬ ‫א‬
x Central Agency for Public Mobilization and Statistics (CAPMAS) . . ‫× اﻟﺠﻬﺎز اﻟﻤﺮآﺰى ﻟﻠﺘﻌﺒﺌﺔ اﻟﻌﺎﻣﺔ واﻻﺣﺼﺎء‬
* A new series of CPI was applicable as of September 2007. The weights involved in the formation of the Index were taken from the results of the ٢٠٠٥/٢٠٠٤ ‫ واﺳﺘﺨﺮﺟﺖ اﻻوزان اﻟﻤﺴﺘﺨﺪﻣﺔ ﻓﻰ ﺗﺮآﻴﺐ اﻟﺮﻗﻢ اﻟﻘﻴﺎﺳﻰ ﻟﻬﺎ ﻣﻦ ﻧﺘﺎﺋﺞ ﺑﺤﺚ اﻟﺪﺧﻞ واﻻﻧﻔﺎق واﻻﺳﺘﻬﻼك‬، ‫ ﺳﻠﺴﻠﺔ ﺟﺪﻳﺪة ﻟﻼرﻗﺎم اﻟﻘﻴﺎﺳﻴﺔ ﻻﺳﻌﺎر اﻟﻤﺴﺘﻬﻠﻜﻴﻦ‬٢٠٠٧ ‫* ﺻﺪرت ﻓﻰ ﺳﺒﺘﻤﺒﺮ‬
2004/2005 survey of income, expenditure and consumption. The series was updated on the basis of the weights of January 2007. . ٢٠٠٧ ‫وﺗﻢ ﺗﺤﺪﻳﺜﻬﺎ ﻟﺘﺼﺒﺢ ﺑﺎوزان ﻳﻨﺎﻳﺮ‬
** According to the preliminary results of 2006 census. ٢٠٠٦ ‫** ﻃﺒﻘﺎ ﻟﻠﻨﺘﺎﺋﺞ اﻻوﻟﻴﺔ ﻟﺘﻌﺪاد ﻋﺎم‬
*** The CAPMAS issued the PPI Bulletin as of Sept. 2007 to replace the WPI Bulletin, as the publication of the latter was stopped as of January2008. .٢٠٠٨ ‫ ﻟﺘﺤﻞ ﻣﺤﻞ ﻧﺸﺮة اﻷرﻗﺎم اﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎر اﻟﺠﻤﻠﺔ اﻟﺘﻰ ﺗﻮﻗﻒ اﺻﺪارهﺎ اﻋﺘﺒﺎرا ﻣﻦ ﺑﻴﺎﻧﺎت ﻳﻨﺎﻳﺮ‬٢٠٠٧ ‫*** أﺻﺪر اﻟﺠﻬﺎز اﻟﻤﺮآﺰى ﻟﻠﺘﻌﺒﺌﺔ اﻟﻌﺎﻣﺔ واﻹﺣﺼﺎء ﻧﺸﺮة ﻟﻸرﻗﺎم اﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎر اﻟﻤﻨﺘﺠﻴﻦ اﻋﺘﺒﺎرا ﻣﻦ ﺷﻬﺮ ﺳﺒﺘﻤﺒﺮ‬
.. Not available. . ‫ ﻏﻴﺮ ﻣﺘﻮاﻓﺮ‬..
- 20 - - 19 -
‫א‬ ‫א‬ ‫א‬
Financial & Monetary Sector
1 - Reserve Money and Counterpart Assets* * ‫א‬ ‫א‬ ‫א‬ −١
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008

+
End of ‫א‬
June June June June June April May June July August Sept. Oct. Nov.+
Reserve Money (M0) 82955 94288 101080 116050 134126 159909 163796 169911 168865 167009 178091 171676 163803 (M0) ‫א‬
Currency in circulation outside the CBE 51959 59415 67241 78604 92174 106743 110607 111412 114473 115585 120913 119545 121122 ‫א‬ ‫א‬ ‫א א‬ ‫א‬
Banks' deposits in local currency with the CBE 30996 34873 33839 37446 41952 53166 53189 58499 54392 51424 57178 52131 42681 ‫א‬ ‫א‬ ‫א‬ ‫א א‬
Counterpart Assets of Reserve Money 82955 94288 101080 116050 134126 159909 163796 169911 168865 167009 178091 171676 163803 ‫א‬ ‫א‬ ‫א‬
Net Foreign Assets 12343 9858 37295 61302 95372 114997 115608 180333xx 180187 183144 187076 191353 182162 ‫א‬ ‫א‬
Net Domestic Assets 70612 84430 63785 54748 38754 44912 48188 -10422 -11322 -16135 -8985 -19677 -18359 ‫א‬ ‫א‬
++
Net claims on Government (A+B-C) 70768 99472 122264 114055 117254 120112 115249 81872 99574 93512 101571 98396 92558 ( − + ) ++ ‫א‬ ‫א‬
A - Securities 116527 164441 208021 164761 166724 165438 165438 123123XX 123123 123123 123123 123123 123123 ‫ א‬−
B - Credit facilities 20195 16872 19346 7047 25468 29176 24611 36574 47016 40260 52705 49895 42229 ‫א‬ −
+++
C - Deposits
+++
65954 81841 105103 57753 74938 74502 74800 77825 70565 69871 74257 74622 72794 ‫ א‬−
Net claims on banks -34505 -35544 -21983 1018 59512 78040 81171 77581 69431 57492 42438 5272 4798 ‫א‬ ‫א‬
Net balancing items 34349 20502 -36496 -60325 -138012 -153240 -148232 -169875 -180327 -167139 -152994 -123345 -115715 ‫א א‬ ‫א‬
x
Unclassified assets and liabilities (net)
X
40629 44718 40246 34623 31902 35939 38226 12979xx 13249 16414 14495 16321 20812 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Open Market Operations -6280 -24216 -76742 -94948 -169914 -189179 -186458 -182854 -193576 -183553 -167489 -139666 -136527 ‫א‬ ‫א‬
* Derived from the CBE's balance sheet. .‫ﻣﻦ واﻗﻊ ﻣﻴﺰاﻧﻴﺔ اﻟﺒﻨﻚ اﻟﻤﺮآﺰى‬ *
+ Provisional .‫ ﻣﺒﺪﺋﻰ‬+
++ Including public economic authorities and the National Investment Bank. .‫ ﺷﺎﻣﻠﺔ اﻟﻬﻴﺌﺎت اﻟﻌﺎﻣﺔ اﻻﻗﺘﺼﺎدﻳﺔ وﺑﻨﻚ اﻻﺳﺘﺜﻤﺎر اﻟﻘﻮﻣﻰ‬++
+++ All government deposit accounts (including public economic and service authorities) were transferred, as of ‫ ﺗﻢ ﺗﺤﻮﻳﻞ ﺣﺴﺎﺑﺎت اﻟﻮداﺋﻊ اﻟﺤﻜﻮﻣﻴﺔ ) ﺷﺎﻣﻠﺔ اﻟﻬﻴﺌﺎت اﻟﻌﺎﻣﺔ اﻻﻗﺘﺼﺎدﻳﺔ واﻟﺨﺪﻣﻴﺔ ( ﻣﻦ اﻟﺒﻨﻮك اﻟﻰ ﺣﺴﺎب اﻟﺨﺰاﻧﺔ اﻟﻤﻮﺣﺪ ﺑﺎﻟﺒﻨﻚ اﻟﻤﺮآﺰي‬+++
December 2006, to the Treasury Single Account (TSA) at the Central Bank, pursuant to Law no. 139 of 2006. .٢٠٠٦ ‫ ﻟﺴﻨﺔ‬١٣٩ ‫ ﺗﻄﺒﻴﻘﺎ ﻟﻠﻘﺎﻧﻮن رﻗﻢ‬،٢٠٠٦ ‫ﺑﺪءا ﻣﻦ دﻳﺴﻤﺒﺮ‬
x Including capital accounts. .‫ﻳﺘﻀﻤﻦ ﺣﺴﺎﺑﺎت رأس اﻟﻤﺎل‬ x
xx The settlement of rescheduled debts - under Paris Club agreements - resulted in the decline of the CBE foreign ‫ وأﻳﻀﺎ اﻟﻤﻄﻠﻮﺑﺎت‬،‫ وآﺎن ﻣﻦ ﻧﺘﻴﺠﺔ ذﻟﻚ اﻧﺨﻔﺎض اﻻﻟﺘﺰاﻣﺎت اﻻﺟﻨﺒﻴﺔ ﻟﻠﺒﻨﻚ اﻟﻤﺮآﺰي‬،‫ ﺗﻢ ﺗﺴﻮﻳﺔ اﻟﺪﻳﻮن اﻟﻤﻌﺎد ﺟﺪوﻟﺘﻬﺎ ﻓﻲ اﻃﺎر إﺗﻔﺎﻗﻴﺎت ﻧﺎدي ﺑﺎرﻳﺲ‬xx
liabilities, claims on the government (securities) and the unclassified assets (net). .‫ وﺻﺎﻓﻲ اﻻﺻﻮل ﻏﻴﺮ اﻟﻤﺒﻮﺑﺔ‬،‫ﻣﻦ اﻟﺤﻜﻮﻣﺔ ﻣﺘﻤﺜﻠﺔ ﻓﻲ اﻻوراق اﻟﻤﺎﻟﻴﺔ‬
- 22 - - 21 -
2 - Banking Survey* : Domestic Liquidity and Counterpart Assets ‫א‬ ‫א‬ ‫א‬ ‫ א‬:* ‫א‬ ‫ א‬−٢
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008

+
End of
Domestic Liquidity (1+2) (M2) 384262 434911 493884 560356 662688 760927 762182 766664 775261 781199 777871 780543 784800 ( M2 ) (٢+١) ‫א‬ ‫א‬
Money Supply (1) (M1) 67212 77606 89685 109274 131290 165815 170621 170579 170960 175365 177641 172849 176249 (M1) (١) ‫א‬ ‫א‬
Currency in circulation outside the banking system 48258 55933 63029 74239 86860 100555 104189 104656 107573 108835 112984 112562 113757 ‫א‬ ‫א‬ ‫א א‬ ‫א‬
**
Demand deposits in local currency** 18954 21673 26656 35035 44430 65260 66432 65923 63387 66530 64657 60287 62492 ‫א‬ ‫א א א‬
Quasi-Money (2) 317050 357305 404199 451082 531398 595112 591561 596085 604301 605834 600230 607694 608551 (٢) ‫א‬
**
Local currency time & saving deposits ** 212010 233610 283020 314188 377424 426989 431127 436268 444247 445311 440268 438853 441432 ‫א‬ ‫א‬ ‫א א‬
**
Foreign currency demand deposits ** 12159 16280 18140 18534 26917 36593 29592 26581 27589 29015 27896 29725 26999 ‫א‬ ‫א א א‬
**
Foreign currency time & saving deposits ** 92881 107415 103039 118360 127057 131530 130842 133237 132465 131508 132066 139116 140120 ‫א‬ ‫א‬ ‫א א‬
Counterpart Assets 384262 434911 493884 560356 662688 760927 762182 766664 775261 781199 777871 780543 784800 ‫א‬ ‫א‬ ‫א‬
Net Foreign Assets 25429 45241 80913 133385 218629 251529 245425 303680 x
296623 291210 274385 260333 247042 ‫א‬ ‫א‬
Net Domestic Assets 358833 389670 412971 426971 444059 509398 516757 462984x 478638 489989 503486 520210 537758 ‫א‬ ‫א‬
Domestic credit 387446 422040 466771 509532 531314 599241 598870 570953 591003 602147 621486 638105 647651 ‫א‬ ‫א‬
Net balancing items -28613 -32370 -53800 -82561 -87255 -89843 -82113 -107969 -112365 -112158 -118000 -117895 -109893 ‫א א‬ ‫א‬
Indicators ‫א‬
M2 / GDP (%) 92.04 89.62 91.71 90.72 88.98 84.88 85.02 85.52 70.59 71.13 70.83 71.07 71.46 (٪) ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Foreign currency deposits/ Total deposits (%) 31.26 32.64 28.13 28.16 26.74 25.46 24.38 24.14 23.97 23.87 24.06 25.28 24.90 (٪) ‫א א‬ / ‫א‬ ‫א א‬
Income velocity of money (GDP / M2) 1.09 1.12 1.09 1.10 1.12 1.18 1.18 1.17 1.42 1.41 1.41 1.41 1.40 ( ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫)א‬ ‫א‬ ‫א‬
Money multiplier (M2 / M0) 4.63 4.61 4.89 4.83 4.94 4.76 4.65 4.51 4.59 4.68 4.37 4.55 4.79 (M2 / M0) ‫א‬
* Extracted from the consolidated balance sheet of the banking system. . ‫א‬ ‫א‬ ‫א א א‬ *
+ Provisional. . +
** Representing deposits of the business sector ( public and private ) and the household sector, . ‫א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫( א‬ ‫א‬ ‫)א‬ ‫א‬ ‫א‬ **
minus purchased cheques & drafts as regards demand deposits.
x The settlement of the rescheduled debts - under Paris Club agreements - resulted in the decline of the CBE ‫ وأﻳﻀﺎ اﻟﻤﻄﻠﻮﺑﺎت ﻣﻦ اﻟﺤﻜﻮﻣﺔ‬،‫ وآﺎن ﻣﻦ ﻧﺘﻴﺠﺔ ذﻟﻚ اﻧﺨﻔﺎض اﻻﻟﺘﺰاﻣﺎت اﻻﺟﻨﺒﻴﺔ ﻟﻠﺒﻨﻚ اﻟﻤﺮآﺰي‬،‫ﺗﻢ ﺗﺴﻮﻳﺔ اﻟﺪﻳﻮن اﻟﻤﻌﺎد ﺟﺪوﻟﺘﻬﺎ ﻓﻲ اﻃﺎر اﺗﻔﺎﻗﻴﺎت ﻧﺎدي ﺑﺎرﻳﺲ‬ x
foreign liabilities, claims on the government (securities) and the unclassified assets (net). .‫ وﺻﺎﻓﻲ اﻻﺻﻮل ﻏﻴﺮ اﻟﻤﺒﻮﺑﺔ‬،‫ﻣﺘﻤﺜﻠﺔ ﻓﻲ اﻻوراق اﻟﻤﺎﻟﻴﺔ‬
- 24 - - 23 -
3 - Banking Survey: Deposits (Except CBE) ( ‫א‬ ‫א‬ ‫א‬ ) ‫א א‬: ‫א‬ ‫ א‬−٣
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008

+
End of
Total Deposits (Including Gov.Deposits) 405187 463548 521745 571461 658215 754661 751012 755636 763417 768696 763713 768307 772666 ( ‫א‬ ) ‫א א‬
Government Deposits 67866 83069 87747 82135 76902 87917 87040 87691 90780 90897 92910 94565 94984 ‫א א א‬
In local currency 48848 56844 60467 52605 46156 54956 53741 54262 56588 56438 58892 58927 58364 ‫א‬
In foreign currencies 19018 26225 27280 29530 30746 32961 33299 33429 34192 34459 34018 35638 36620 ‫א‬
Non-Government Deposits 337321 380479 433998 489326 581313 666744 663972 667945 672637 677799 670803 673742 677682 ‫א‬ ‫א א‬
In Local Currency 231461 256025 310834 351128 425180 496687 501475 506211 510834 514992 508403 502507 507855 ‫א‬
Public business sector* 13928 15414 16727 20399 23464 28677 29439 29434 29082 29087 28925 29842 29191 * ‫א‬ ‫א‬
Private business sector 30088 35219 39668 41444 77504 123526 120924 119716 120978 121637 109267 97687 101915 ‫א‬ ‫א‬
Household sector 187594 205375 253865 287973 321793 341514 348241 354119 358590 361975 367516 372165 373423 ‫א‬ ‫א‬
Non-resident (external sector)** 497 742 1158 1905 3326 4438 3916 4021 3200 3151 3478 3367 3931 ** ( ‫א‬ ‫א‬ ) ‫א‬
Minus purchased cheques & drafts 646 725 584 593 907 1468 1045 1079 1016 858 783 554 605 ‫א‬ ‫א‬
In Foreign Currencies 105860 124454 123164 138198 156133 170057 162497 161734 161803 162807 162390 171235 169827 ‫א‬
Public business sector* 2879 3433 4195 5668 6721 9078 9165 9146 9299 10011 9499 9586 10234 * ‫א‬ ‫א‬
Non-resident (external sector)** 820 759 1985 1304 2159 1934 2063 1916 1749 2284 2428 2394 2708 ** ( ‫א‬ ‫א‬ ) ‫א‬
Minus purchased cheques & drafts 128 187 166 211 171 213 193 183 251 164 137 160 392 ‫א‬ ‫א‬
+ Provisional. . +
* Includes all public sector companies subject or not to Law No. 203 for 1991. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ١٩٩١ ٢٠٣ ‫א‬ ‫א‬ ‫א‬ *
** Shown in the banking survey as foreign liabilities under item "Net Foreign Assets". . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ **
- 26 - - 25 -
4 - Banking Survey : Domestic Credit ‫ اﻻﺋﺘﻤﺎن اﻟﻤﺤﻠﻲ‬: ‫ اﻟﻤﺴﺢ اﻟﻤﺼﺮﻓﻲ‬- ٤
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008

+
End of
Domestic Credit (a+b) 387446 422040 466771 509532 531314 599241 598870 570953 591003 602147 621486 638105 647651 ( + ) ‫א‬ ‫א‬
Net claims on government (1+2-3) 103518 126343 159889 184131 178324 208768 208996 174005 188498 194093 207688 219433 229404 (٣−٢+١) ‫א‬ ‫א‬
1 - Securities 203845 258178 311376 295974 278012 311244 315447 271788 x
272332 284049 291217 307433 324037 ‫ א‬−١
2 - Lending and discount 33493 33075 41364 28044 52151 59943 55389 67732 77511 70812 83638 81187 73144 ‫ א‬−٢
3 - Deposits 133820 164910 192851 139887 151839 162419 161840 165515 161345 160768 167167 169187 167777 ‫ א‬−٣
Claims on public business sector 34987 35588 37421 32888 24446 27420 26878 26897 27072 27603 28250 28629 28920 ‫א‬ ‫א‬ ‫א‬
Securities 101 158 179 246 258 261 270 245 235 223 212 199 234 ‫א‬
Lending and discount 34886 35430 37242 32642 24188 27159 26608 26652 26837 27380 28038 28430 28686 ‫א‬
Claims on private business sector 214307 223096 228195 239338 268606 288479 286992 291719 296132 298050 302170 304890 303132 ‫א‬ ‫א‬ ‫א‬
Securities 14361 17265 22500 24662 29294 30558 29560 33633 33319 33595 31600 30230 29659 ‫א‬
Claims on household sector 34634 37013 41266 53175 59938 74574 76004 78332 79301 82401 83378 85153 86195 ‫א‬ ‫א‬ ‫א‬
(a) Domestic credit in local currency 375724 414032 449979 487157 492737 539994 537916 508893 528860 537861 552817 573904 586174 ‫א‬ ‫א‬ ‫) (א‬
Net claims on government (1+2-3) 153578 181479 209863 238870 229817 258606 258784 223359 240007 245955 259916 273705 284250 (٣−٢+١) ‫א‬ ‫א‬
1 - Securities 186380 239548 294782 279907 263376 297619 301882 258252 258953 270495 277440 293429 310195 ‫ א‬−١
3 - Deposits 61123 83959 114324 58385 68730 77468 76788 80154 74468 72870 78081 77289 75669 ‫ א‬−٣
Securities 101 158 179 246 258 261 270 245 235 223 212 199 234 ‫א‬
Securities 12807 14588 18226 21122 25820 25828 24546 28720 28695 28927 26885 25510 24971 ‫א‬
(b) Domestic credit in foreign currencies 11722 8008 16792 22375 38577 59247 60954 62060 62143 64286 68669 64201 61477 ‫א‬ ‫א‬ ‫) (א‬
Net claims on government (1+2-3) -50060 -55136 -49974 -54739 -51493 -49838 -49788 -49354 -51509 -51862 -52228 -54272 -54846 (٣−٢+١) ‫א‬ ‫א‬
1 - Securities 17465 18630 16594 16067 14636 13625 13565 13536 13379 13554 13777 14004 13842 ‫ א‬−١
3 - Deposits 72697 80951 78527 81502 83109 84951 85052 85361 86877 87898 89086 91898 92108 ‫ א‬−٣
Securities 0 0 0 0 0 0 0 0 0 0 0 0 0 ‫א‬
Securities 1554 2677 4274 3540 3474 4730 5014 4913 4624 4668 4715 4720 4688 ‫א‬
+ Provisional. . +
x As a result of the settlement of rescheduled debts with the government. . ‫א‬ ‫א‬ ‫א‬ x
- 28 - - 27 -
5 - Banking Survey : Foreign Assets & Liabilities ‫א‬ ‫א‬ ‫א‬: ‫א‬ ‫א‬−٥
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008

+
End of
Net Foreign Assets of the Banking System 25429 45241 80913 133385 218629 251529 245425 303680 296623 291210 274385 260333 247042 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Central Bank of Egypt 12343 9858 37295 61301 95372 114997 115608 180333 180186 183144 187077 191353 182162 ‫א‬ ‫א‬
Foreign Assets 86287 88313 108737 129477 160197 180171 180465 182021 181876 184820 188652 192932 183745
Foreign Liabilities 73944 78455 71442 68176 64825 65174 64857 1688x 1690 1676 1575 1579 1583
Banks 13086 35383 43618 72084 123257 136532 129817 123347 116437 108066 87308 68980 64880 ‫א‬
Foreign Assets 39780 56984 65590 89505 144771 163081 156040 148749 140041 133511 114759 98221 95989
Foreign Liabilities 26694 21601 21972 17421 21514 26549 26224 25402 23604 25445 27451 29241 31109
6- Net Balancing Items ‫א א‬ ‫א‬ −٦
Net Balancing Items -28613 -32370 -53800 -82561 -87255 -89843 -82113 -107969 -112365 -112158 -118000 -117895 -109893 ‫א א‬ ‫א‬
1- Capital Accounts -76905 -83821 -94179 -102139 -114534 -132397 -134299 -135401 -139886 -140667 -141450 -141549 -142092 ‫א‬ −١
2- Unclassified Assets and Liabilities (net) 42211 44048 37398 29721 34023 35730 42896 19347x 17982 20534 17778 19475 20346 ‫א‬ ‫א‬ ‫א‬ −٢
3- Interbank Debit and Credit Position (net) 6081 7403 2981 -10143 -6744 6824 9290 8085 9539 7975 5672 4179 11853 ‫א‬ ‫א א‬ ‫א‬ -٣
+ Provisional. . +
- 30 - - 29 -
7 - Aggregate Financial Position of Banks ( Except CBE ) ( ‫א‬ ‫א‬ ‫א‬ ) ‫א‬ ‫א‬ ‫ א‬−٧
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008
End of
A- Assets ‫א‬−
Cash 5557 5412 6594 6813 7705 9163 8975 10261 10320 10284 11485 9687 10440
Securities & investments in TBs, of which : 111337 137431 170659 193965 176098 196266 199286 201858 202195 214307 219146 233774 249740 : ‫א א‬ ‫א‬ ‫א‬ ‫א‬
CBE notes 21563 17617 0 0 0 0 0 0 0 0 ‫א‬ ‫א‬
Balances with banks in Egypt 110874 116290 124986 121695 217363 278405 281613 278185 282077 268514 250323 230887 218004 ‫א‬
Balances with banks abroad 29798 43290 51204 72554 124366 136925 131102 122792 114008 105100 86038 70676 68065 ‫א‬ ‫א‬
Loan and discount balances 284722 296199 308195 324041 353746 398124 397891 401425 406613 414048 422706 429103 428916 ‫א‬ ‫א א‬
Other assets 35650 34814 41990 42494 58645 89300 101628 68790 73769 75878 87404 89760 93764 ‫א‬
Assets = Liabilities 577938 633436 703628 761562 937923 1108183 1120495 1083311 1088982 1088131 1077102 1063887 1068929 ‫=א‬ ‫א‬
B- Liabilities ‫א‬−
Capital 18155 20346 22949 27112 33037 35679 36147 37295 38484 38518 38620 39209 39128 ‫א‬
Reserves 11805 11454 12419 13418 12552 15465 16577 16141 15327 15321 15487 15653 15672 ‫א‬
Provisions 40099 44584 49541 54950 53469 64289 65690 62314 71036 71058 71281 71243 71048 ‫א‬
Bonds and long-term loans 14866 15012 14254 17526 26351 22071 22252 22285 22369 22607 22644 20116 19879 ‫א‬ ‫א‬
Obligations to banks in Egypt 35579 29933 22671 21488 82619 100305 107707 98699 88940 75325 59423 30471 22026 ‫א‬ ‫א א‬
Obligations to banks abroad 16247 10332 12262 8770 10006 14305 14701 13327 12922 14147 14982 19083 20216 ‫א‬ ‫א‬ ‫א א‬
Total deposits 403144 461697 519649 568841 649953 746649 742157 747199 754492 759446 755020 759828 764550 ‫א א‬ ‫א‬
Other liabilities 38043 40078 49883 49457 69936 109420 115264 86051 85412 91709 99645 108284 116410 ‫א‬
- 32 - - 31 -
8 - Bank Credit Facilities ( Except CBE ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬−٨
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008

End of
Total Credit Facilities, of which: 284721 296199 308195 324041 353746 398124 397891 401425 406613 414048 422706 429103 428916 : ، ‫א‬ ‫א‬
For Government* 13298 16203 22018 20997 26683 30767 30780 31159 30495 30552 30932 31292 30915 *
Non-gov. Lending & Discount 271423 279996 286177 303044 327063 367357 367111 370266 376118 383496 391774 397811 398001 ‫א‬ ‫א‬ ‫א א‬
Balances in Local Currency 209644 218196 222203 227641 237757 256216 255191 257467 260738 264093 267116 275732 277753 ‫א‬ ‫א‬
Agriculture 4499 5015 5772 4853 6929 5175 5241 5337 5223 4525 5195 5424 5388 ‫א א‬
Private business sector 4444 4972 5756 4794 6922 5161 5228 5326 5213 4516 5186 5415 5384 ‫א‬ ‫א‬ ‫؛‬
Industry 72630 75698 77416 72042 74524 73343 72549 71758 71831 72504 74009 79144 80856 ‫א‬
Trade 47530 47539 45648 43428 37474 42201 41454 42456 42965 43327 43888 45205 45225 ‫א‬
Services 51244 53585 53519 56430 62463 66901 66922 67181 68650 68807 68360 68519 67633 ‫א‬
Unclassified Sectors, of which: 33741 36359 39848 50888 56367 68596 69025 70735 72069 74930 75664 77440 78651 : ‫؛‬
Natural persons 32276 34309 37920 48721 53977 65201 65705 67320 68519 71054 71632 73455 75035 ‫א‬
Non-profit local organizations 865 1351 1281 1273 1210 2264 2237 2306 2519 2349 2524 2516 2374
Foreign organizations in Egypt 143 295 153 163 266 213 207 212 215 190 196 227 208
External sector 408 389 493 724 914 918 876 897 816 1337 1312 1242 1034 ‫א‬ ‫א‬
Balances in Foreign Currencies 61779 61800 63974 75403 89306 111141 111920 112799 115380 119403 124658 122079 120248 ‫א‬ ‫א‬
Agriculture 447 550 619 829 929 934 1472 843 1485 1767 1833 1716 1685 ‫א א‬
Industry 25378 25453 25648 29824 36811 44206 45367 46789 47125 47726 49477 47480 47756 ‫א‬
Trade 11557 12552 11881 13893 11824 15993 15502 15309 15585 16089 18335 18087 17305 ‫א‬
Services 21497 20854 22432 26001 32547 36326 35532 35065 36784 37090 37511 37515 36311 ‫א‬
Unclassified Sectors, of which: 2900 2391 3394 4856 7195 13682 14047 14793 14401 16731 17502 17281 17191 : ‫؛‬
* Includes the government and public economic & service authorities. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ *
- 34 - - 33 -
9 - Bank Loans* ( Except CBE ) ( ‫א‬ ‫א‬ ‫א‬ )* ‫א‬ ‫א‬ ‫א‬−٩
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008
End of
Total lending, of which 283445 294917 306652 323026 352420 396360 396212 399481 404632 411962 420443 426826 426660 ، ‫א א‬ ‫א‬
For Government** 13298 16203 22018 20997 26669 30767 30780 31155 30492 30552 30932 31292 30915 **
Non-Gov. lending 270147 278714 284634 302029 325751 365593 365432 368326 374140 381410 389511 395534 395745 ‫א‬ ‫א א‬
Balances in local currency 208915 217354 221144 226984 237039 255367 254442 256689 260002 263335 266333 274939 276920 ‫א‬ ‫א‬
Agriculture 4499 5015 5772 4853 6909 5140 5206 5334 5193 4447 5125 5354 5338 ‫א א‬
Industry 72213 75059 76715 71623 74087 72907 72091 71230 71366 72044 73519 78665 80341 ‫א‬
Trade 47269 47410 45466 43322 37431 42005 41294 42304 42803 43185 43741 45032 45030 ‫א‬
Services 51201 53513 53351 56301 62388 66880 66903 67166 68635 68790 68342 68502 67615 ‫א‬
Unclassified sectors, of which 33733 36357 39840 50885 56224 68435 68948 70655 72005 74869 75606 77386 78596 ‫؛‬
Balances in foreign currencies 61232 61360 63490 75045 88712 110226 110990 111637 114138 118075 123178 120595 118825 ‫א‬ ‫א‬
Agriculture 447 547 601 823 929 933 1472 843 1485 1764 1828 1711 1685 ‫א א‬
Industry 25301 25312 25497 29688 36432 43980 45102 46144 46387 46963 48704 46678 46920 ‫א‬
Trade 11505 12505 11780 13735 11668 15507 15013 15107 15377 15936 18088 17847 17122 ‫א‬
Services 21485 20814 22354 25991 32537 36221 35426 34897 36613 36936 37359 37371 36168 ‫א‬
Unclassified sectors, of which 2494 2182 3258 4808 7146 13585 13977 14646 14276 16476 17199 16988 16930 ‫؛‬
Non- profit local organizations 0 0 0 0 0 54 54 62 67 80 63 59 55
* Excluding the discount balances. . ‫א‬ ∗
** Including the government and public economic & service authorities. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ∗∗
- 36 - - 35 -
10- Discounted Bills at Banks ( Except CBE ) ( ‫א‬ ‫א‬ ‫א‬ ) ‫א‬ ‫א‬ ‫ א‬− ١٠
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008
End of
Total discounted bills, of which: 1276 1282 1543 1015 1326 1764 1679 1944 1981 2086 2263 2277 2256 ، ‫א‬ ‫א‬
For Government* 0 0 0 0 14 0 0 4 3 0 0 0 0 *
Non-Gov. discounted bills 1276 1282 1543 1015 1312 1764 1679 1940 1978 2086 2263 2277 2256 ‫א‬ ‫א‬ ‫א‬
Balances in local currency 729 841 1059 657 718 849 749 778 736 758 783 793 833 ‫א‬ ‫א‬
Agriculture 0 0 0 0 20 35 35 3 30 78 70 70 50 ‫א א‬
Industry 417 639 701 419 437 436 458 528 465 460 490 479 515 ‫א‬
Trade 261 129 182 106 43 196 160 152 162 142 147 173 195 ‫א‬
Services 43 72 168 129 75 21 19 15 15 17 18 17 18 ‫א‬
Unclassified sectors, of which: 8 1 8 3 143 161 77 80 64 61 58 54 55 ‫؛‬
Balances in foreign currencies 547 441 484 358 594 915 930 1162 1242 1328 1480 1484 1423 ‫א‬ ‫א‬
Agriculture 0 3 18 6 0 1 0 0 0 3 5 5 0 ‫א א‬
Industry 77 141 151 136 379 226 265 645 738 763 773 802 836 ‫א‬
Trade 52 47 101 158 156 486 489 202 208 153 247 240 183 ‫א‬
Services 12 40 78 10 10 105 106 168 171 154 152 144 143 ‫א‬
Unclassified sectors, of which: 406 210 136 48 49 97 70 147 125 255 303 293 261 ‫؛‬
Natural persons 1 19 35 20 2 30 1 87 0 0 0 0 0 ‫أﻓﺮاد ﻃﺒﻴﻌﻴﻮن‬
* Includes the government and public economic & service authorities. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ *
- 38 - - 37-
11 - Securities Portfolio at Banks (Except CBE) ( ‫א‬ ‫א‬ ‫א‬ ) ‫א‬ ‫א א א‬ − ١١
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008

End of
Total Securities 111338 137431 170659 193965 176098 196266 199286 201858 202195 214307 219146 233774 249740 ‫א א א‬
Government sector 87318 107068 134952 131213 111288 145807 150009 148665 149210 160927 168095 184310 200915 ‫א‬ ‫א‬
CBE notes 21563 17617 0 0 0 0 0 0 0 0 ‫א‬ ‫א‬
Public business sector 648 630 666 859 761 1429 1438 1414 1404 1391 1381 1368 1402 ‫א‬ ‫א‬
In Local Currency 86000 105874 139322 162403 143598 162462 165422 168182 168774 180496 185305 199816 216061 ‫א‬
CBE notes 21563 17617 0 0 0 0 0 0 0 0 ‫א‬ ‫א‬
In Foreign Currencies 25338 31557 31337 31562 32500 33804 33864 33676 33421 33811 33841 33958 33679 ‫א‬
- 40 - - 39 -
12- Banknote Issue & Currency in Circulation ‫א א‬ ‫א‬ ‫ א‬−١٢
( LE mn ) ( )
2003 2004 2005 2006 2007 2008 2008

End of
+
Banknote Issue by Denomination
+
52219 59703 67527 79017 93240 108382 111812 112430 115822 116526 121919 120697 121938 ‫א‬ ‫א‬ ‫א‬
PT 25 136 118 120 136 144 159 155 147 146 151 185 182 188
PT 50 235 203 220 241 240 274 268 252 249 263 356 352 373
LE 1 455 515 517 545 565 670 658 608 620 668 905 893 941 ‫א‬
LE 5 1119 1226 1279 1121 1071 1209 1182 1169 1171 1193 1489 1480 1527
LE 10 5728 5490 5074 4274 3470 3075 3003 2938 2897 2882 3433 3383 3415
LE 20 12110 11010 10329 9226 8796 7678 7621 7394 7267 7152 7880 7732 7605
LE 50 19381 22686 24517 27959 28152 26280 25986 25646 25284 24961 25120 25013 24966
LE 100 13055 18455 25471 35515 47552 53364 54634 54987 55456 55851 57494 56884 57068
++ ++
LE 200 3250 15673 18305 19289 22732 23405 25057 24778 25855
Note issue / GDP (%) 12.51 12.30 12.54 12.79 12.52 12.09 12.47 12.54 10.55 10.61 11.10 10.99 11.11 (٪) ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Currency in Circulation 51960 59415 67236 78604 92175 106745 110606 111412 114474 115587 120913 119549 121116 ‫א א‬ ‫א‬
Subsidiary Denominations 213 219 226 236 259 273 275 275 277 279 281 281 282 ‫א‬ ‫א‬
Paper * 37 38 39 39 39 39 40 39 39 39 40 39 39 *
Coins ** 176 181 187 197 220 234 235 236 238 240 241 242 243 **
Currency in Circulation Outside CBE 51747 59196 67010 78368 91916 106472 110333 111137 114197 115308 120633 119268 120834 ‫א‬ ‫א א‬ ‫א א‬ ‫א‬
PT 25 135 117 118 135 142 154 150 145 143 148 182 179 185
PT 50 232 201 217 239 234 253 247 242 239 253 347 343 366
LE 1 448 510 512 540 550 612 600 591 604 656 896 884 928 ‫א‬
LE 5 1098 1201 1251 1095 987 1129 1110 1105 1104 1129 1425 1416 1465
LE 10 5690 5424 4999 4215 3323 2952 2886 2845 2802 2802 3286 3250 3288
LE 20 12049 10926 10246 9128 8553 7365 7320 7194 7058 6983 7628 7461 7360
LE 50 19270 22490 24348 27737 27967 25860 25719 25422 25041 24822 24932 24746 24819
LE 100 12825 18327 25319 35279 47136 52709 54187 54529 54889 55275 57100 56443 56796
++ ++
LE 200 3024 15438 18114 19064 22317 23240 24837 24546 25627
Aver. value per note ( in LE ) 15.42 17.71 19.59 22.00 25.61 28.42 29.68 30.29 31.12 30.55 26.78 26.80 26.37 ( ) ‫א‬
+ Including coin denominations of 50 and 100 piasters. ١٠٠ ،٥٠ ‫א‬ ‫א‬ +
++ The LE 200 note has been in circulation as of May 2007. .٢٠٠٧ ‫א א א‬ ‫א‬ ‫א‬ ++
* Denominations of 5 & 10 piasters . . ١٠ ، ٥ *
** Denominations of 1, 5,10, 20 and 25 that are issued by the Ministry of Finance. . ‫א א‬ ‫ א‬، ٢٥ ، ٢٠ ، ١٠ ، ٥ ،١ **
- 42 - - 41-
13 - Activity of Clearing Houses & Local Transfers Service via SWIFT ‫א‬ ‫א‬ ‫א‬ ‫א‬ − ١٣
‫اﻟﺴﻨﻮات اﻟﻤﺎﻟﻴﺔ‬ 2008 2008

During Fiscal Years
2002/2003 2003/2004 2004/2005 2005/2006 2006/2007 April May June July August Sept. Oct. Nov.
Clearing Houses ‫א‬

Cairo Branch ‫א‬
Number of cheques (thousands) 9250 8856 8618 ( ) ‫א‬
Value of cheques (LE mn) 215703 215091 231943 ( ) ‫א‬
Alexandria Branch ‫א‬

Port-Said Branch
Total Transactions in the Clearing Houses* * ‫א‬

Number of cheques (thousands) 10025 9591 9321 9508 10481 974 1009 1114 994 958 908 969 1006 ( ) ‫א‬
Value of cheques (LE mn) 244581 248224 262423 288715 356900 42517 48331 50024 48410 47047 42921 45254 47212 ( ) ‫א‬
Aver. value per cheque (LE thousand) 24.4 25.9 28.2 30.4 34.1 43.7 47.9 44.9 48.7 49.1 47.3 46.7 46.9 ( ) ‫א‬
Local Transfers Service via SWIFT : ‫א‬ ‫א‬ ‫א‬

First: in Local Currency ‫א‬ :
Number of messages ( in unit ) 216934 258501 326341 404776 525236 63451 66036 69266 68437 65350 69282 68089 69577 ( ) ‫א‬ ‫א‬
Value of transfers (LE mn) 998205 970617 1246023 1658794 2280198 219539 276699 260260 239634 221309 280361 313975 238242 ( ) ‫א‬ ‫א‬
Aver. value of daily transfers (LE mn) 4058 3890 4984 6635 9232 10977 13835 11830 11411 10539 13351 16525 11345 ( ) ‫א‬ ‫א‬
**
Second: In Foreign Currency (US Dollar Interbank) ( ‫א‬ ‫**)א‬ ‫א‬ :
Number of transactions ( in unit ) 10604 11049 12070 1152 1262 1235 1287 1080 1398 1476 1115 ( ) ‫א‬
Value of transactions (US$ mn) 11933 39773 78997 7042 9372 8374 8971 7627 12365 14617 6943 ( ) ‫א‬
* As of 1/1/2006, the manual Clearing Houses in Alexandria and Port-Said were cancelled, and all their activities . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ٢٠٠٦/١/١ ‫א‬ *
were transferred to Cairo automated Clearing House.
** This service started as of 19/9/2004. .٢٠٠٤/٩/١٩ ‫א‬ ‫א‬ ‫א‬ **
- 44 - - 43 -
14 - Indicators of Bank Performance (%) (%) ‫ ﻣﺆﺷﺮات أداء اﻟﺒﻨﻮك‬-١٤
2005 2006 2007 2007 2008
Sept. Dec. March June Sept. Dec. March June Sept. Dec. March June Sept.
First: Capital Adequacy ‫א‬ :
Equities / Assets 4.9 5.0 5.0 5.6 5.2 4.9 5.1 5.1 4.9 4.8 5.1 5.3 5.3 ‫א‬/ ‫א‬
Second: Assets Quality ‫א‬ :
Loan Provisions* / Loans 14.1 13.7 14.8 15.4 16.5 15.9 15.6 13.2 15.5 15.0 14.7 14.1 15.5 ‫א‬/* ‫א‬
Provisions / Assets 7.5 7.4 7.6 8.0 8.1 7.9 7.5 6.3 7.1 6.9 6.4 6.3 7.2 ‫א‬/ ‫א‬
Loans to Private Sector / Total Loans 79.9 79.4 81.5 82.7 82.3 82.1 84.8 84.6 84.0 82.3 83.2 83.7 83.7 ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Assets in Foreign Currencies / ‫א‬/ ‫א‬ ‫א‬
Liabilities in Foreign Currencies 112.2 112.3 113.3 112.9 112.4 111.0 108.4 109.5 108.9 108.9 109.5 109.3 112.4 ‫א‬
Third: Earnings ‫א‬:
Net Interest Income * / Assets (Average) 1.2 1.2 1.3 1.3 1.2 1.2 1.3 1.4 1.2 1.2 1.3 1.3 1.5 ‫א‬ /* ‫א א‬ ‫א‬
Non-interest Income * / Assets (Average) 2.5 2.1 2.8 2.3 1.5 1.6 1.6 2.0 1.7 1.8 2.0 2.8 0.8 ‫א‬ /* ‫א‬ ‫א אא‬
Net Profit ** / Equities 10.5 10.7 12.2 12.3 12.1 17.7 14.6 14.3 14.3 15.0 15.6 16.0 14.8 ‫א‬ / ** ‫א‬
Net Profit** / Assets (Average) 0.6 0.6 0.7 0.7 0.7 1.0 0.8 0.8 0.8 0.8 0.8 0.8 0.8 ‫א‬ / ** ‫א‬
Fourth: Liquidity ‫ א‬: ‫א‬
Securities*** / Assets 15.1 15.9 15.5 14.8 15.8 15.2 14.5 12.3 11.0 10.3 10.1 10.8 10.7 ‫ א‬/ *** ‫א א א‬
Deposits / Assets 71.9 71.8 70.6 74.7 72.2 69.5 67.5 69.3 68.4 68.7 67.4 69.0 70.1 ‫א‬/ ‫א א‬
Loans / Deposits 57.9 58.6 57.1 57.0 56.0 58.2 57.7 54.4 54.5 54.5 53.0 53.7 56.0 ‫א א‬/ ‫א‬
Local Currency 60.9 61.4 59.5 57.9 57.8 60.7 58.4 53.6 52.4 51.1 48.7 48.3 49.4 ‫א‬
Foreign Currencies 50.5 51.5 51.1 48.2 51.8 52.8 56.0 56.4 61.3 63.5 64.3 68.8 74.7 ‫א‬
Actual Liquidity Ratio at ‫א‬ ‫א‬
Banks: : ‫א‬
Local Currency 35.7 35.7 37.4 38.0 39.5 38.1 34.3 27.9 29.1 27.2 27.6 29.6 30.0 ‫א‬
Foreign Currencies 51.7 52.6 52.3 51.0 52.7 55.3 55.9 55.0 52.6 51.3 52.3 50.1 44.0 ‫א‬
Actual Reserve Ratio at Banks 14.0 14.0 14.0 14.1 14.0 14.1 14.0 14.0 14.0 14.1 13.7 14.0 14.0 ‫א‬ ‫א‬ ‫א‬
Total Banks in Egypt 57 57 46 43 42 41 41 41 41 41 40 40 40 ‫א‬ ‫א‬
Total Branches, of which: 2905 2895 2920 2944 2967 3000 3035 3056 3116 3205 3252 3297 3320 : ‫א‬
Village Banks 1037 1032 1032 1036 1036 1037 1037 1037 1036 1038 1038 1037 1037 ‫א‬
•
Banking Density • 24.4 24.6 24.5 24.5 24.4 24.2 24.1 24.2 23.8 23.3 23.1 22.9 22.8 ‫א‬ ‫א‬
* Covering the period from 1st Jan. up till the end of each quarter of the year. . ‫א‬ ‫א‬ ‫א‬ *
** Net profits realized in the last approved FY. . ‫א‬ ‫א‬ **
*** Excluding T-bills and including CBE notes. . ‫א‬ ‫א‬ ‫א א‬ ***
• Population in thousands per one banking unit. . ‫א‬ •
- 46 - - 45 -
15 - Discount and Interest Rates ‫א‬ ‫א‬ −١٥
( % Annually ) (٪ )
2004 2005 2006 2007 2008 2008 2008

Week Ending ٢٤ ٣٠ ٢٩ ٢٨ ٢٦ ٣٠ ٦ ١٣ ٢٠ ٢٧ ٤ ١١ ١٨ ٢٥ ‫א‬ ‫א‬
24 June 30 June 29 June 28 June 26 June 30 Oct. 6 Nov. 13 Nov. 20 Nov. 27 Nov. 4 Dec. 11 Dec. 18 Dec. 25 Dec.
First : Interest Rates on Egyptian Pound ‫א‬ ‫א א‬ :
Rediscount Rate* 10.00 10.00 9.00 9.00 9.00* 11.50 11.50 11.50 11.50 11.50 11.50 11.50 11.50 11.50 * ‫א‬ ‫א‬
Overnight Deposit & Lending Rates at the CBE** ** ‫א‬ ‫א‬ ‫א‬
‫א א א א‬
Deposit Rate 9.50 8.00 8.75 10.00* 11.50 11.50 11.50 11.50 11.50 11.50 11.50 11.50 11.50 ‫א א‬
Lending Rate 12.50 10.00 10.75 12.00* 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50 ‫א א‬
+
Interest Rates+ on Reverse Repos ( ‫א א א )א‬ ‫א‬
of 182- day TBs : ١٨٢ ‫א א‬
14 days 11.953 ١٤
26 days 12.367 ٢٦
90 days 11.112 ٩٠
+
+
Interest Rates on Reverse Repos ( ‫א א א )א‬ ‫א‬
of 364- day TBs: ٣٦٤ ‫א א‬
7 days 10.349 ٧
14 days 11.116 ١٤
91 days 11.147 ٩١
Weighted Average of Interest Rates ‫א א‬ ‫א‬ ‫א‬ ‫א‬
on Banks' Deposits Accepted by the CBE ‫א א‬ ‫א‬
5 days 10.247 ٥
6 days 11.619 ٦
7 days 11.795 11.742 11.737 11.718 11.681 11.601 11.576 ٧
8 days 11.642 ٨
11 days 11.615 ١١
14 days 11.790 11.745 11.689 ١٤
27 days 12.367 ٢٧
28 days 8.951 ٢٨
34 days ٣٤
37 days ٣٧
42 days 9.040 ٤٢
45 days ٤٥
51 days ٥١
56 days ٥٦
63 days 9.049 ٦٣
70 days ٧٠
84 days ٨٤
90 days ٩٠
93 days ٩٣
98 days ٩٨
112 days ١١٢
115 days ١١٥
126 days ١٢٦
168 days ١٦٨
213 days ٢١٣
Weighted Average Rate of Outright Sales of CBE Certificates of Deposits (CDs)*** : *** ‫א א א‬ ‫א‬ ‫א א‬ ‫א‬
1 Week (1-7 days) 8.502 ( ٧− )
* The rate was increased as of 29/6/2008 and also on 7/8/2008 and 18/9/2008 according to the Monetary Policy Committee (MPC) decisions. . ‫א‬ ‫א‬ ‫אא‬ ٢٠٠٨/٩/١٨ ‫א א‬ ،٢٠٠٨/٨/٧ ‫א א‬ ،٢٠٠٨/٦/٢٩ ‫א‬ ‫א‬ *
** These rates were first announced on 2/6/2005 in the statement of the MPC, and were applied as of 5/6/2005. . ٢٠٠٥/٦/٥ ،٢٠٠٥/٦/٢ ‫א‬ ‫א‬ ‫א‬ ‫א‬ **
*** CBE certificates of deposits (CDs) have been used in open-market operations as of 4 April 2006. .٢٠٠٦/٤/٤ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ***
+ Weighted average of the last auction in the week. . ‫א‬ ‫א‬ ‫א‬ ‫ א‬+
- 48 - - 47 -
15 - Discount and Interest Rates (contd.) ‫א‬ ‫א‬ −١٥
( % Annually ) (٪ )
2004 2005 2006 2007 2008 2008 2009

Week Ending ‫א‬ ‫א‬
٢٤ ١ ٣٠ ٧ ٢٩ ٦ ٢٨ ٥ ٢٦ ٣ ٣٠ ٦ ١٣ ٢٠ ٢٧ ٤ ١١ ١٨ ٢٥ ١
24 June 1 July 30 June 7 July 29 June 6 July 28 June 5 July 26 June 3 July 30 Oct. 6 Nov. 13 Nov. 20 Nov. 27 Nov. 4 Dec. 11 Dec. 18 Dec. 25 Dec. 1 Jan.
٢٠٠٤/٧/٥- ٦/٢٢ ‫ﻣﻦ‬ ٢٠٠٥/٧/٤ - ٦/٢١ ‫ﻣﻦ‬ ٢٠٠٦/٧/٣ - ٦/٢٠ ‫ﻣﻦ‬ ٢٠٠٧/٧/٢-٦/١٩‫ﻣﻦ‬ ٢٠٠٨/٦/٣٠ -٦/١٧ ‫ﻣﻦ‬ ٢٠٠٨ /١١ /٠٣ - ١٠/٢١‫ﻣﻦ‬ ٢٠٠٨ /١١ /١٧ - ١١/٤‫ﻣﻦ‬ ٢٠٠٨ /١٢ /٠١ - ١١/١٨‫ﻣﻦ‬ ٢٠٠٨ /١٢ /١٥ - ١٢/٠٢‫ﻣﻦ‬ ٢٠٠٨ /١٢ /٢٩ - ١٢/١٦‫ﻣﻦ‬
Interbank Interest Rates* * ‫א‬ ‫א‬
from 22/6 - 5/7/2004 from 21/6 - 4/7/2005 from 20/6 - 3/7/2006 from 19/ 6 - 2/ 7/2007 from17/6 -30/6/2008 from21/10 -03/11/2008 from04/11 -17/11/2008 from18/11 -01/12/2008 from02/12 -15/12/2008 from16/12 -29/12/2008
For : Overnight** 11.791 9.556 8.271 8.761 10.148 11.929 11.888 11.605 11.602 11.565 ** ‫א‬ :
Less than one week 12.431 9.599 8.317 8.766 10.019 11.970 11.871 11.653 11.605 11.582
One week 12.323 9.816 8.500 8.765 10.019 12.033 12.028 11.786 11.674 11.611
Less than one month 12.004 9.854 8.560 8.777 10.000 11.980 12.032 11.868 11.680 11.641
One month 12.384 10.199 8.500 8.851 - - 11.901 11.950 - -
Over one month 12.147 10.305 8.500 - 10.529 12.000 12.066 - - 11.650
Interest Rates on: ‫א א‬ ‫א‬
Deposits & Loans at Banks***: : *** ‫א‬ ‫א‬
Less than three-month deposits 7.68 7.68 7.61 7.53 5.90 6.10 6.50 7.20 7.30 ‫א א‬
Less than six-month deposits 7.79 7.80 7.67 7.65 6.90 6.90 6.70 7.40 7.50 ‫א א‬
Less than one year deposits 7.77 7.80 7.70 7.62 7.10 6.90 7.10 7.80 7.90 ‫א א‬
Loans less than one year 13.27 13.46 13.35 13.32 12.50 12.60 12.00 12.40 12.50 ‫א‬
Treasury Bills ‫א א‬ ‫א‬
++ ++
91- day bills 11.148 11.279 9.064 7.856 8.843 8.855 6.781 6.781 9.675 10.077 12.762 12.762 12.217 11.899 11.901 11.699 11.699++ 11.542 11.437 11.629 ٩١
++
182 - day bills 11.300 11.300++ 8.393 7.903 8.974 8.934 7.187 7.138 10.428 11.106 13.308 13.308 11.913 12.027 11.980 11.763 11.763 11.635 11.546 11.714 ١٨٢
273- day bills - - - - - - - - - - 13.257 13.982 13.040 12.556 12.272 11.922 11.858 11.771 11.644 11.668 ٢٧٣
364 - day bills 8.000 8.000 9.096 8.390 8.893 8.893++ 7.483 7.454 10.995 11.394 13.211 13.898 13.092 12.263 12.071 11.765 11.749 11.662 11.552 11.580 ٣٦٤
Other Saving Vessels ‫א‬ ‫א‬
Investment certificates (simple interest) 10.50 10.50 10.50 10.50 9.50 9.50 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 ‫א‬ ‫א א‬ ‫א א‬
Investment cert. (compound interest) 10.00 10.00 10.00 10.00 9.00 9.00 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 ‫א א‬ ‫א א‬ ‫א א‬
Post office saving deposits**** 10.50 10.50 10.50 10.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 **** ‫א‬ ‫א‬
Second : Interest Rates on Foreign Currencies ‫א‬ ‫א א‬ :
3- Month Foreign Currency Deposits in Egypt x : :x ‫א‬ ‫א א‬ ‫א‬
In US Dollar ‫א‬
Minimum 1.25 1.31 3.19 3.25 5.00 5.00 4.88 4.88 2.46 2.44 3.12 2.36 1.83 1.87 1.85 1.86 1.81 1.23 1.12 1.09
Maximum 1.44 1.50 3.38 3.44 5.19 5.19 5.06 5.06 2.66 2.64 3.32 2.56 2.03 2.07 2.05 2.06 2.01 1.43 1.32 1.29
In Euro
Minimum 1.38 1.38 1.38 1.38 2.31 2.31 3.44 3.44 3.96 3.95 3.85 3.71 3.32 3.15 2.93 2.79 2.42 2.15 2.01 1.93
Maximum 1.63 1.63 1.63 1.63 2.56 2.56 3.69 3.69 4.21 4.20 4.10 3.96 3.57 3.40 3.18 3.04 2.67 2.40 2.26 2.18
In Pound Sterling ‫א‬
Minimum 3.69 3.75 3.69 3.56 3.63 3.63 4.81 4.88 4.70 4.69 4.69 4.48 3.13 2.87 2.71 2.59 2.03 1.80 1.65 1.54
Maximum 4.44 4.50 4.44 4.31 4.38 4.38 5.56 5.63 4.95 4.94 4.94 4.73 3.38 3.12 2.96 2.84 2.28 2.05 1.90 1.79
* Weighted average of actual transactions of most banks. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ *
** The rate is daily announced on the CBE website . . ‫א‬ ‫א‬ ‫אא‬ ‫א‬ **
*** As of Sept. 2005, calculation of interest rates was changed, using the weighted average rates for a sample of banks representing around 80% of the banking system ، ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ٪٨٠ ‫א‬ ‫א א‬ ‫א‬ ٢٠٠٥ ‫א‬ ***
instead of the simple average for most banks, and was made on a monthly - instead of a weekly - basis; and as of Sept. 2007, the number of banks in the sample increased. . ‫א‬ ‫א‬ ‫א‬ ٢٠٠٧ ‫א‬ .
**** An additional 0.25% interest rate will be added to the deposits remaining for more than one year. . ‫ א א‬٪٠ ٢٥ ‫א‬ ****
++ According to the rates of the preceding week . . ‫א‬ ‫א‬ ++
x Source : National Bank of Egypt. . ‫א‬ ‫א‬ ‫א‬: ‫א‬ x
- 50 - - 49 -
16- Daily Exchange Rates for the Last Month (In LE per Foreign Currency Unit )* *( ‫ أﺳﻌﺎر اﻟﺼﺮف اﻟﻴﻮﻣﻴﺔ ﻟﻠﺸﻬﺮ اﻷﺧﻴﺮ ) ﺑﺎﻟﺠﻨﻴﻪ ﻟﻜﻞ ﻋﻤﻠﺔ أﺟﻨﺒﻴﺔ‬-١٦
December 2008 December 2008

1 2 3 4 10 11 14 15 16 17 18 21
Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell
First: Interbank Rates ‫א‬ ‫א‬ :

Minimum 5.5150 5.5126 5.5210 5.5221 5.5200 5.5240 5.5250 5.5230 5.5240 5.5210 5.5170 5.5140
Maximum 5.5180 5.5230 5.5250 5.5270 5.5260 5.5290 5.5290 5.5270 5.5300 5.5265 5.5230 5.5180
Weighted average 5.5171 5.5192 5.5229 5.5254 5.5230 5.5271 5.5264 5.5248 5.5273 5.5246 5.5199 5.5162
Second: Market Rates ‫א‬ :

US dollar 5.5051 5.5312 5.5069 5.5315 5.5096 5.5344 5.5099 5.5362 5.5097 5.5351 5.5111 5.5369 5.5124 5.5379 5.5112 5.5364 5.5126 5.5374 5.5112 5.5369 5.5075 5.5333 5.5060 5.5313 ‫א‬ ‫א‬
Euro 6.9629 6.9969 6.9640 6.9974 6.9663 6.9999 6.9519 6.9861 7.1334 7.1674 7.2912 7.3275 7.3657 7.4031 7.4241 7.4604 7.5236 7.5592 7.7421 7.7788 8.0690 8.1074 7.6615 7.7001 ‫א‬
Pound Sterling 8.2539 8.2962 8.2245 8.2635 8.1211 8.1593 8.0340 8.0740 8.1621 8.2035 8.2055 8.2477 8.2305 8.2720 8.2398 8.2803 8.3974 8.4369 8.4200 8.4610 8.5173 8.5623 8.2176 8.2605 ‫א‬ ‫א‬
Swiss Franc 4.5569 4.5803 4.5587 4.5810 4.5601 4.5822 4.5327 4.5558 4.5678 4.5896 4.6296 4.6528 4.6830 4.7075 4.7028 4.7263 4.7728 4.7956 4.9446 4.9699 5.2487 5.2749 4.9823 5.0130 ‫א‬ ‫א‬
100 Japanese Yens 5.8659 5.8968 5.8960 5.9256 5.9141 5.9426 5.9330 5.9638 5.9416 5.9710 6.0297 6.0605 6.0496 6.0809 6.0709 6.1014 6.1204 6.1507 6.2161 6.2493 6.2189 6.2509 6.1643 6.1962 ١٠٠
Saudi Riyal 1.4671 1.4748 1.4675 1.4748 1.4682 1.4756 1.4683 1.4761 1.4682 1.4758 1.4686 1.4763 1.4678 1.4758 1.4687 1.4762 1.4690 1.4764 1.4687 1.4763 1.4677 1.4754 1.4671 1.4750 ‫א‬ ‫א‬
Kuwaiti Dinar 20.1108 20.2800 19.9814 20.1073 19.9803 20.1067 19.9527 20.0841 20.0069 20.1356 20.0696 20.2003 20.0159 20.1232 20.0312 20.1596 20.0480 20.1750 20.0626 20.2225 20.1393 20.2708 19.9926 20.0919 ‫א‬ ‫א‬
UAE Dirham 1.4986 1.5061 1.4991 1.5062 1.4998 1.5070 1.4999 1.5075 1.4998 1.5072 1.5002 1.5077 1.5007 1.5079 1.5003 1.5075 1.5006 1.5078 1.5003 1.5077 1.4992 1.5067 1.4988 1.5061 ‫א‬ ‫א‬ ‫א‬
Chinese Yuan 0.7995 0.8035 0.8004 0.8041 0.8013 0.8050 0.8005 0.8045 0.8026 0.8064 0.8044 0.8082 0.8056 0.8094 0.8045 0.8085 0.8053 0.8090 0.8063 0.8101 0.8058 0.8097 0.8044 0.8082 ‫א א א‬
Special Drawing Rights** 8.1663 8.1585 8.1597 8.1519 8.2337 8.3085 8.3623 8.3897 8.4580 8.5831 8.6985 8.5068 ** ‫א‬ ‫א‬
December 2008 December 2008

22 23 24 25 28 30 31
Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell

Minimum 5.5142 5.5150 5.5190 5.5210 5.5180 5.5160 5.5120
Maximum 5.5170 5.5210 5.5230 5.5240 5.5238 5.5190 5.5160
Weighted average 5.5161 5.5193 5.5212 5.5221 5.5206 5.5176 5.5137

US dollar 5.5053 5.5314 5.5055 5.5312 5.5081 5.5339 5.5080 5.5337 5.5090 5.5345 5.5076 5.5333 5.5041 5.5299 ‫א‬ ‫א‬
Euro 7.6849 7.7235 7.7066 7.7431 7.7125 7.7496 7.7095 7.7483 7.7423 7.7821 7.8070 7.8446 7.6826 7.7198 ‫א‬
Pound Sterling 8.1275 8.1688 8.1537 8.1944 8.1146 8.1553 8.1237 8.1633 8.0679 8.1081 7.9893 8.0294 8.0322 8.0720 ‫א‬ ‫א‬
Swiss Franc 5.0058 5.0317 5.0593 5.0843 5.1300 5.1569 5.1208 5.1515 5.1582 5.1870 5.2062 5.2325 5.1604 5.1871 ‫א‬ ‫א‬
100 Japanese Yens 6.1184 6.1501 6.1125 6.1423 6.0883 6.1182 6.0929 6.1220 6.0685 6.1000 6.1053 6.1366 6.0785 6.1104 ١٠٠
Saudi Riyal 1.4671 1.4748 1.4667 1.4742 1.4674 1.4749 1.4672 1.4742 1.4679 1.4753 1.4671 1.4748 1.4662 1.4739 ‫א‬ ‫א‬
Kuwaiti Dinar 19.9664 20.0973 19.9794 20.1089 19.9317 20.0612 20.0036 20.1043 19.9600 20.0599 19.9436 20.0730 19.9064 20.0359 ‫א‬ ‫א‬
UAE Dirham 1.4986 1.5061 1.4987 1.5061 1.4994 1.5068 1.4996 1.5067 1.4997 1.5070 1.4993 1.5065 1.4984 1.5056 ‫א‬ ‫א‬ ‫א‬
Chinese Yuan 0.8034 0.8074 0.8038 0.8077 0.8057 0.8096 0.8062 0.8101 0.8052 0.8090 0.8061 0.8102 0.8066 0.8105 ‫א א א‬
Special Drawing Rights** 8.4974 8.4966 8.5023 8.5021 8.5075 8.5247 8.4780 ** ‫א‬ ‫א‬
* Average foreign exchange rates. . ‫א‬ ‫א‬ *
** As from 1/1/2006, a unit of SDR equals the summation of the values of the currencies : US$ 0.632 (relative weight 44% ), euro 0.410 ، ( % ١١ ) ١٨٫٤ ‫ واﻟﻴﻦ اﻟﻴﺎﺑﺎﻧﻰ‬، ( % ٣٤ ) ٠٫٤١٠ ‫ واﻟﻴﻮرو‬، ( % ٤٤ ‫ ) اﻟﻮزن اﻟﻨﺴﺒﻰ‬٠٫٦٣٢ ‫ اﻟﺪوﻻر اﻷﻣﺮﻳﻜﻰ‬: ‫ ﻣﺠﻤﻮع ﻗﻴﻢ اﻟﻌﻤﻼت‬٢٠٠٦ / ١ / ١ ‫* ﺗﺴﺎوى اﻋﺘﺒﺎرا ﻣﻦ‬
( 34% ), Japanese yen 18.4 ( 11% ), and pound sterling 0.0903 (11% ). . ( % ١١ ) ٠٫٠٩٠٣ ‫واﻟﺠﻨﻴﻪ اﻷﺳﺘﺮﻟﻴﻨﻰ‬
- 52 - - 51 -
17 - Weekly Exchange Rates (In LE per Foreign Currency Unit )* *( ‫ أﺳﻌﺎر اﻟﺼﺮف اﻻﺳﺒﻮﻋﻴﺔ ) ﺑﺎﻟﺠﻨﻴﻪ ﻟﻜﻞ ﻋﻤﻠﺔ أﺟﻨﺒﻴﺔ‬-١٧
September 2008 October 2008 October 2008 November 2008

11/09/2008 18/09/2008 25/09/2008 09/10/2008 16/10/2008 23/10/2008 30/10/2008 06/11/2008
Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell
Minimum 5.4240 5.4715 5.4461 5.4990 5.5820 5.5900 5.5739 5.5289
Maximum 5.4415 5.4842 5.4550 5.5181 5.6005 5.5960 5.5830 5.5350
Weighted average 5.4329 5.4788 5.4512 5.5095 5.5909 5.5936 5.5774 5.5314
US dollar 5.4171 5.4432 5.4592 5.4864 5.4403 5.4687 5.4906 5.5178 5.5664 5.6031 5.5692 5.5929 5.5578 5.5830 5.5219 5.5474 ‫א‬ ‫א‬
Euro 7.5509 7.5879 7.9021 7.9421 8.0080 8.0605 7.5227 7.5621 7.5158 7.5665 7.1275 7.1601 7.2724 7.3076 7.1112 7.1456 ‫א‬
Pound Sterling 9.5081 9.5556 9.9531 10.0055 10.1172 10.1723 9.5251 9.5750 9.5988 9.6643 9.0010 9.0421 9.1838 9.2281 8.8495 8.8919 ‫א‬ ‫א‬
Swiss Franc 4.7619 4.7865 4.9878 5.0145 5.0210 5.0491 4.8607 4.8873 4.9147 4.9484 4.7735 4.7963 4.9163 4.9416 4.7277 4.7511 ‫א‬ ‫א‬
100 Japanese Yens 5.0798 5.1072 5.2051 5.2341 5.1367 5.1660 5.4481 5.4778 5.5157 5.5537 5.7273 5.7546 5.6430 5.6715 5.6174 5.6456 ١٠٠
Saudi Riyal 1.4444 1.4516 1.4532 1.4612 1.4473 1.4660 1.4583 1.4694 1.4802 1.4902 1.4845 1.4911 1.4819 1.4888 1.4719 1.4789 ‫א‬ ‫א‬
Kuwaiti Dinar 20.1920 20.3197 20.4157 20.5252 20.4329 20.5476 20.4622 20.6017 20.7008 20.8682 20.6513 20.7699 20.7769 20.8788 20.4138 20.5839 ‫א‬ ‫א‬
UAE Dirham 1.4747 1.4820 1.4861 1.4937 1.4810 1.4890 1.4945 1.5022 1.5154 1.5256 1.5162 1.5228 1.5130 1.5200 1.5034 1.5104 ‫א‬ ‫א‬ ‫א‬
Chinese Yuan 0.7912 0.7951 0.7987 0.8029 0.7976 0.8019 0.8049 0.8091 0.8150 0.8204 0.8147 0.8182 0.8128 0.8165 0.8092 0.8131 ‫א‬ ‫א א‬
Special Drawing Rights** 8.3098 8.5529 8.5663 8.4160 8.4776 8.3120 8.3556 8.2365 ** ‫א‬ ‫א‬
November 2008 December 2008 December 2008

13/11/2008 20/11/2008 27/11/2008 04/12/2008 11/12/2008 18/12/2008 25/12/2008 31/12/2008
Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell
Minimum 5.5300 5.5330 5.5180 5.5221 5.5240 5.5170 5.5210 5.5120
Maximum 5.5400 5.5360 5.5210 5.5270 5.5290 5.5230 5.5240 5.5160
Weighted average 5.5352 5.5345 5.5198 5.5254 5.5271 5.5199 5.5221 5.5137
US dollar 5.5178 5.5434 5.5186 5.5437 5.5087 5.5336 5.5099 5.5362 5.5111 5.5369 5.5075 5.5333 5.5080 5.5337 5.5041 5.5299 ‫א‬ ‫א‬
Euro 6.9249 6.9603 6.9215 6.9551 7.1002 7.1339 6.9519 6.9861 7.2912 7.3275 8.0690 8.1074 7.7095 7.7483 7.6826 7.7198 ‫א‬
Pound Sterling 8.1967 8.2364 8.2007 8.2412 8.4983 8.5395 8.0340 8.0740 8.2055 8.2477 8.5173 8.5623 8.1237 8.1633 8.0322 8.0720 ‫א‬ ‫א‬
Swiss Franc 4.6435 4.6669 4.5279 4.5503 4.5937 4.6160 4.5327 4.5558 4.6296 4.6528 5.2487 5.2749 5.1208 5.1515 5.1604 5.1871 ‫א‬ ‫א‬
100 Japanese Yens 5.7459 5.7762 5.7618 5.7909 5.7798 5.8077 5.9330 5.9638 6.0297 6.0605 6.2189 6.2509 6.0929 6.1220 6.0785 6.1104 ١٠٠
Saudi Riyal 1.4704 1.4780 1.4706 1.4781 1.4674 1.4748 1.4683 1.4761 1.4686 1.4763 1.4677 1.4754 1.4672 1.4742 1.4662 1.4739 ‫א‬ ‫א‬
Kuwaiti Dinar 20.3504 20.4826 20.1123 20.3519 20.1637 20.3292 19.9527 20.0841 20.0696 20.2003 20.1393 20.2708 20.0036 20.1043 19.9064 20.0359 ‫א‬ ‫א‬
UAE Dirham 1.5020 1.5092 1.5023 1.5093 1.4996 1.5068 1.4999 1.5075 1.5002 1.5077 1.4992 1.5067 1.4996 1.5067 1.4984 1.5056 ‫א‬ ‫א‬ ‫א‬
Chinese Yuan 0.8077 0.8118 0.8074 0.8112 0.8066 0.8105 0.8005 0.8045 0.8044 0.8082 0.8058 0.8097 0.8062 0.8101 0.8066 0.8105 ‫א‬ ‫א א‬
Special Drawing Rights** 8.1233 8.1234 8.2250 8.1519 8.3085 8.6985 8.5021 8.4780 ** ‫א‬ ‫א‬
* Average foreign exchange rates on the last working day of the week. . ‫א‬ ‫א‬ ‫א‬ *
** As from 1/1/2006, a unit of SDR equals the summation of the values of the currencies: US$ 0.632 ، ( ٪ ٣٤ ) ٠,٤١٠ ‫ א‬، ( ٪ ٤٤ ‫א‬ ‫ ) א‬٠,٦٣٢ ‫א‬ ‫א‬: ‫א‬ ٢٠٠٦ / ١ / ١ ‫א‬ ‫א‬ **
(relative weight 44% ), euro 0.410 ( 34% ), Japanese yen 18.4 ( 11% ), and pound sterling 0.0903 (11% ). . ( ٪ ١١ ) ٠,٠٩٠٣ ‫א‬ ‫ א‬، ( ٪ ١١ ) ١٨ ٤ ‫א‬ ‫א‬
- 54 - - 53 -
18 - Stock Exchange ‫א א א‬ −١٨
(mn) ( )
2003 2004 2005 2006 2007 2008 2008

End of
Primary Market ‫א‬ ‫א‬
No. of Listed Companies (Unit) 1123 803 770 656 544 400 372 377 380 379 380 377 374 ( ) ‫א‬ ‫א‬
Official 152 129 132 141 147 130 119 121 121 120 120 120 120 ‫א א‬
Unofficial 971 528 612 503 394 269 252 255 256 258 259 256 253 ‫א‬ ‫א‬
Temporary * 146 26 12 3 1 1 1 3 1 1 1 1 * ‫א‬
No. of Listed Shares 5933 6252 6985 10457 14993 19147 19137 19859 20325 20646 20956 21152 21152 ‫א‬ ‫א‬
Official 2689 3661 4236 7881 11450 12401 12339 12484 12801 13119 13252 13252 14005 ‫א א‬
Unofficial 3244 2383 2646 2560 3534 6741 6793 7370 7515 7522 7699 7895 7142 ‫א‬ ‫א‬
*
Temporary * 208 103 16 9 5 5 5 9 5 5 5 5 ‫א‬
Listed Capital ( LE ) 99029 96527 108209 109165 121072 136734 151201 137974 141128 145138 143351 144657 149328 ( ) ‫א א א‬
Official 35906 43597 49274 58432 73403 67093 64556 65897 68501 69324 69592 69634 72546 ‫א א‬
Unofficial 63123 46491 57368 50354 47387 69591 86595 72027 72555 75764 73709 74973 76732 ‫א‬ ‫א‬
Temporary * 6439 1567 379 282 50 50 50 72 50 50 50 50 * ‫א‬
Listed Bonds (LE) 20573 20467 35313 65725 62130 78980 81940 84547 84382 84358 84370 82350 82306 ( ) ‫א‬
Government, of which : 14857 14856 28547 58951 57598 73773 76771 78771 78630 78630 78630 76630 76630 :
Bonds of the primary dealers 14000 47000 53000 69500 72500 74500 74500 74500 74500 76500 72500 ‫א‬ ‫א א‬
Companies 5716 5611 6766 6774 3843 3603 3580 3880 3880 3880 3915 3917 3917
Securitization** 689 1604 1589 1896 1872 1848 1825 1803 1759 **
Secondary Market ‫א‬ ‫א‬
Total Value of Traded Securities during the Month (LE) 5160 1948 11592 12387 32613 54095 70365 47670 29597 22325 25186 19327 18672 ( ) ‫א‬ ‫א א‬ ‫א א א‬
Floor Trading ‫א‬ ‫א‬
Shares 4036 1621 9643 10763 29053 43496 63224 39449 25157 20407 20876 13997 15140
Bonds, of which : 30 49 1190 1062 2272 2927 3312 1534 1514 481 1229 1075 1286 : ‫א‬
Bonds of the primary dealers 1081 1030 2269 2927 3312 1534 1514 481 1229 1022 1210 ‫א‬ ‫א א‬
Mutual fund documents 0 0 0 0 0 0 0 0 0 0 0 0 0 ‫א‬
Over the Counter Trading ‫א‬
Shares 1094 278 759 562 1288 7672 3829 6687 2926 1437 3081 4255 2703
Bonds 0 0 0 0 0 0 0 0 0 0 0 0 0 ‫א‬
Mutual fund documents 0 0 0 0 0 0 0 0 0 0 0 0 0 ‫א‬
Other Indicators ‫א‬
Market capitalization (LE) 150214 172865 337059 377070 601826 876364 877330 813341 760386 694587 622159 475259 461396 ( ) ‫א‬ ‫א‬
P/E ratio of the most active companies *** 7.18 11.81 15.19 14.31 21.87 18.24 17.66 15.73 16.38 14.39 12.32 12.32 9.67 *** ‫א‬ ‫א‬
* Companies which have not adjusted their statuses according to the new listing rules. . ‫א‬ ‫א א‬ ‫א‬ ‫*א‬
** Securitization bonds were listed on the Egyptian Exchange as of September 2006. .٢٠٠٦ ‫א‬ ‫א‬ ‫א א א‬ ‫א א‬ **
*** P/ E = price / earning. .‫ اﻟﻌﺎﺋﺪ‬/ ‫*** ﻣﻀﺎﻋﻒ اﻟﺮﺑﺤﻴﺔ = اﻟﺴﻌﺮ‬
- 56 - - 55 -
18 - Stock Exchange (contd.) ‫א א א‬ −١٨
2003 2004 2005 2006 2007 2008 2008

End of
Price Index of Shares in LE: : ‫א‬ ‫א‬ ‫א‬ ‫א‬

(2/1/1992 = 100) (١٠٠= ١٩٩٢/١/٢)
General Index 712.2 900.6 1763.4 1696.9 2733.7 3857.9 3708.8 3329.7 2979.9 2727.7 2354.4 1694.4 1556.7 ‫א‬ ‫א‬
By Subscription ‫א‬
Public subscription 1028.9 1262.2 2387.6 2467.5 3752.5 5062.9 4914.0 4413.8 3842.7 3426.8 2812.3 1805.6 1790.0 ‫א‬ ‫א‬
Closed subscription 516.0 662.7 1319.7 1225.3 2032.4 2929.3 2803.7 2516.6 2280.4 2111.2 1860.4 1396.2 1248.3 ‫א‬ ‫א‬
By Sector
Agriculture 297.2 301.8 316.3 384.9 521.1 814.5 1137.5 1160.7 726.7 644.9 514.1 361.4 341.7 ‫א א‬
Mining 95.8 95.8 95.8 98.4 568.9 1198.0 1474.7 1222.3 405.9 162.0 77.6 -182.9 497.3 ‫א‬
Construction 557.1 566.1 579.9 634.3 731.4 972.6 994.8 950.5 847.7 814.9 792.2 715.4 907.0 ‫א‬
Manufacturing 934.7 1107.5 1672.5 1955.6 2550.0 3409.2 3433.3 3094.7 2745.5 2528.2 2258.3 1698.8 1707.6 ‫א‬
Transportation 648.3 807.2 2156.4 720.2 1967.4 2620.1 2331.4 1852.7 1557.8 1412.2 1165.0 811.0 1035.6 ‫א‬
Trade 380.6 399.8 407.8 412.5 461.4 402.7 384.9 403.9 284.3 266.3 233.2 205.3 415.7 ‫א‬
Finance 918.7 1105.9 1998.5 2192.1 4100.0 6765.7 6308.6 5941.4 5614.6 5106.9 4529.4 3168.6 2590.2 ‫א‬
Services 129.4 240.4 802.9 630.2 1069.8 1241.9 1171.3 965.7 807.6 751.3 555.7 402.5 310.7 ‫א‬
The Egyptian Exchange Index (CASE 30) 775.9 1440.9 4828.7 4772.8 7803.4 11786.5 11057.3 9827.3 9251.2 8449.6 7059.2 4716.3 4205.9 ‫א‬ ‫א‬
Privatization ‫א‬
No. of Companies Sold (Accumulated), of which: 193 194 220 245 259 273 277 280 280 280 281 282 282 ،( ‫)א א‬ ‫א‬ ‫א‬
Anchor investor 29 29 40 55 66 76 81 84 84 84 85 85 85
Majority IPOs 38 38 38 38 38 38 38 38 38 38 38 38 38 ‫א‬
Sale Proceeds (Accumulated) (LE mn), of which: 16621 16619 20576 36311 48914 50833 51080 52424 52424 52424 53184 53644 53644 ، ( ‫)א א‬ ‫א‬
Anchor investor 6964 6963 9768 16779 28359 29183 30104 31448 31448 31448 32208 32208 32208
Majority IPOs 6064 6063 6064 6064 6064 6064 6064 6064 6064 6064 6064 6064 6064 ‫א‬
Source : Capital Market Authority ( CMA ) and the Egyptian Exchange. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬: ‫א‬
IPO = Initial public offerings.
- 58 - - 57 -
19 - Gross and Net International Reserves with CBE ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א‬−١٩
(US$ mn) ( )
2003 2004 2005 2006 2007 2008 2008

End of ‫أآﺘﻮﺑﺮ‬ ‫ﻧﻮﻓﻤﺒﺮ‬ ‫دﻳﺴﻤﺒﺮ‬
June June June June June May June July August Sept. Oct. Nov. Dec.
Net International Reserves 14809 14781 19302 22931 28559 34102 34572 34683 34819 35024 35031 34405 34112 ‫א‬ ‫א‬
Gross Official Reserves 14845 14800 19322 22952 28589 34132 34603 34716 34850 35054 35065 34441 34163 ‫א‬ ‫א‬ ‫א‬
Gold 631 717 779 1119 1186 1186 1633 1633 1633 1633 1633 1633 1633 ‫א‬
SDRs 51 73 93 112 128 141 130 130 128 130 123 123 109 ‫א‬ ‫א‬ ‫א‬
Foreign currencies 18345 21666 27232 32763 32787 32900 33041 33245 33265 32641 32357 ‫א‬ ‫א‬
Loans to IMF 105 55 43 42 53 53 48 46 44 44 64 ‫א‬ ‫א‬
‫א‬ ‫א א א א‬
NIR in months of merchandise imports 12.0 9.7 9.6 9.0 8.9 7.8 7.9 6.9 6.9 6.9 6.9* 6.8* 6.7* ‫א‬ ‫א‬
* Estimated on the basis of merchandise imports during July/September of FY 2008/2009. .٢٠٠٩/٢٠٠٨ ‫א‬ ‫א‬ / ‫א‬ ‫א א א א‬ *
- 60 - - 59 -
20- Official Reserves and Foreign Currency Liquidity ‫א‬ ‫א‬ ‫א‬ ‫ א‬−٢٠
( US$ mn ) ( ‫) ﺑﺎﻟﻤﻠﻴﻮن دوﻻر‬
2008 2008
End of
October November
I.Official reserve assets and other foreign ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א‬:
currency assets ( approximate market value ) ( ‫א‬ ‫א‬ ) ‫א‬
A. Official reserve assets 34371.90 33793.10 ‫א‬ ‫א‬ ‫א‬−
(1) Foreign currency reserves (in convertible foreign currencies) 29131.30 30130.00 ‫א‬ ‫א‬ ‫( א‬١)
(a) Securities 25277.70 24825.20 ‫)( א א א‬
of which; issuer headquartered in the reporting country but located abroad ‫א‬ ، ‫א‬ ‫א‬ ‫א‬ ‫؛א‬
(b) Total currency and deposits with : 3853.60 5304.80 : ‫א א‬ ‫א‬ ( )
(i) Other national central banks, BIS and IMF 517.40 707.60 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬:
(ii) Banks headquartered in the reporting country 235.50 65.50 ‫א‬ ‫א‬ ‫א‬ :
of which; located abroad ‫א‬ ‫؛א א‬
(iii) Banks headquartered outside the reporting country 3100.70 4531.70 ‫א‬ ‫א‬ ‫א‬ :
of which; located in the reporting country 102.80 7.00 ‫א‬ ‫א‬ ‫؛א א‬
(2) IMF reserve position ‫א‬ ‫א‬ ‫א‬ (٢)
(3) SDRs 122.90 123.20 ‫א‬ ‫א‬ ‫א‬ ‫( א‬٣)
(4) Gold (including gold deposits and, if appropriate, gold swapped) 1819.70 1976.30 ( ‫אא‬، ‫א‬ ‫א‬ ) ‫( א‬٤)
- Volume in fine troy ounces 2430844 2430844 ‫א‬−
(5) Other Reserve Assets (specify) 3298.00 1563.60 (‫א‬ ) ‫א‬ ‫א‬ ‫( א‬٥)
- Financial derivatives ‫א‬ ‫ א‬−
- Loans to non-bank (non-residents) ‫א‬ ‫ א‬−
- Other 3298.00 1563.60 −
B. Other foreign currency assets (specify) 1148.00 820.30 (‫א‬ ) ‫א‬ ‫א‬ ‫א‬−
- Securities not included in official reserve assets ‫א‬ ‫א‬ ‫א‬ ‫ א א א א‬−
- Deposits not included in official reserve assets 997.80 670.20 ‫א‬ ‫א‬ ‫א‬ ‫א א א‬−
- Loans not included in official reserve assets 150.20 150.10 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א‬−
- Financial derivatives not included in official reserve assets ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬−
- Gold not included in official reserve assets ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א‬−
- Other −
Maturity Breakdown Maturity Breakdown
(residual maturity) (residual maturity)
Total More than Total More than
More than 3 More than
Up to 1 1 month & Up to 1 1 month &
months & up 3 months &
month up to 3 month up to 3
to 1 year up to 1 year
months months
II.Predetermined short-term net drains on foreign currency assets (nominal value) ( ‫א‬ ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ :
1- Foreign currency loans, securities, and deposits ‫א‬ ‫א‬ ‫א‬ −١
- outflows ( - ) Principal (1) -1566.74 -32.61 -617.53 -916.60 -1549.12 -141.65 -504.64 -902.83 (١) ‫א‬ (- ) ‫א‬ ‫א‬
Interest -737.60 -38.03 -242.73 -456.84 -733.18 -30.75 -253.97 -448.46 ‫א א‬
- inflows (+) Principal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ‫א‬ (+ ) ‫א א‬ ‫א‬
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ‫א א‬
2- Aggregate short and long positions in forwards and futures in foreign currencies ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ −٢
vis-a-vis the domestic currency (including the forward leg of currency swaps) ( ‫א‬ ‫א‬ ‫א‬ )
( a ) short positions (-) (−) ‫) ( א א‬
( b ) long positions (+) (+) ‫) ( א א‬
3- Other (specify) (‫א‬ ) ‫ א‬−٣
- Outflows related to repos ( - ) (- ) ‫א א‬ ‫א‬ ‫א‬ ‫א‬−
- Inflows related to reverse repos (+) (+) ‫א א א‬ ‫א א א‬ ‫א‬−
- Trade credit ( - ) (- ) −
- Trade credit (+) +116.1 0.00 0.00 +116.1 +115 0.00 0.00 +115 (+) −
- Other accounts payable ( - ) (- ) ‫א‬ −
- Other accounts receivable (+) (+) ‫א‬ −
(1) The expected disbursements of contractual loans to be received within the next year are illustrated in section V in this Table. . ‫אא‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫( א‬١)
- 62 - - 61 -
20- Official Reserves and Foreign Currency Liquidity (contd.) ‫א‬ ‫א‬ ‫א‬ ‫א‬ −٢٠
2008 2008
End of
October November
More than More than
3 months & 3 months &
up to 1 year up to 1 year
months months
III. Contingent short-term net drains on foreign currency assets (nominal value) ( ‫א‬ ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ :
1- Contingent liabilities in foreign currency -3956.13 -24.00 -3705.95 -226.18 -3894.27 -26.79 -3641.29 -226.19 ‫א‬ ‫א‬ ‫א‬ ‫ א‬−١
(a) collateral guarantees on debt falling due within 1 year -297.59 -24.00 -52.80 -220.79 -297.59 -26.79 -50.00 -220.80 ‫א‬ ‫א‬ ( )
(b) other contingent liabilities -3658.54 0.00 -3653.15 -5.39 -3596.68 0.00 -3591.29 -5.39 ‫א‬ ‫א‬ ‫א‬ ‫) (א‬
2 - Foreign currency securities issued with embedded options (puttable bonds) ( ‫) א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א א א‬−٢
3 - Undrawn, unconditional credit lines provided by: : ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א‬−٣
(a) Other national monetary authorities, BIS and IMF and other international organizations
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)أ(א‬
- Other national monetary authorities (+) (+) ‫א‬ ‫א‬ ‫א‬ ‫ א‬−
- BIS (+) (+) ‫א‬ ‫א‬ −
- IMF (+) (+) ‫א‬ ‫א‬ −
(b) with banks and other financial institutions headquartered in the reporting country (+) (+) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫) (א‬
(c) with banks and other financial institutions headquartered outside the reporting country (+) (+) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)ج( א‬
Undrawn, unconditional credit lines provided to : : ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
(a) Other national monetary authorities, BIS and IMF and other international organizations ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)أ(א‬
- Other national monetary authorities ( - ) (-) ‫א‬ ‫א‬ ‫א‬ ‫ א‬−
( -) ‫א‬ ‫א‬ −
- BIS ( - )
(-) ‫א‬ ‫א‬ −
- IMF ( - )
(b) Banks and other financial institutions headquartered in the reporting country (-) (−) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫) (א‬
(c) Banks and other financial institutions headquartered outside the reporting country (-) (−) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫)ج( א‬
4- Aggregate short and long positions of options in foreign currencies vis-á-vis the domestic
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ -٤
currency
(a) Short positions ‫) ( א א‬
(i) Bought puts ‫א‬ ‫א‬ ( )
(ii) Written calls
‫א‬ ‫א‬ ( )
(b) Long positions ‫) ( א‬
(i) Bought calls ‫א‬ ‫א‬ ‫א‬ ( )
(ii) Written puts ‫א‬ ( )
IV.Memo items ‫א‬ : ‫א‬

(1) to be reported with standard periodicity and timeliness: : ‫( ﺑﻨﻮد ﺗﺪرج ﺑﺸﻜﻞ دورى ﻣﻨﺘﻈﻢ و ﺗﻮﻗﻴﺘﺎت ﻣﺤﺪدة‬١)
(a) short-term domestic currency debt indexed to the exchange rate ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א א‬−
(b) financial instruments denominated in foreign currency and settled by other means (e.g. in
( ‫א‬ : ) ‫א‬ ‫א‬ ‫א א א‬−
domestic currency)
non deliverable forwards ‫א‬ ‫א‬
- short positions ‫א א‬
- long positions ‫א א‬
other instruments ‫א‬
- 64 - - 63 -
2008 2008
End of
October November
(c) pledged assets ‫א‬ ‫ א‬−‫ج‬
- included in reserve assets ‫א‬ ‫א‬
- included in other foreign currency assets ‫א‬ ‫א‬ ‫א‬
(d) securities lent and on repo
‫א‬ ‫א‬ −‫د‬
- lent or repoed and included in section l ‫א‬ ‫א‬ ‫א‬

- lent or repoed but not included in section l ‫א‬ ‫א‬ ‫א‬
- borrowed or acquired and included in section l ‫א‬ ‫א‬
- borrowed or acquired but not included in section l 3298.0 1563.6 ‫א‬ ‫א‬
(e) financial derivative assets (net, marked to market ) ( ) ‫א‬ ‫א‬ −
- forwards ‫א‬ ‫א‬
- futures ‫א‬ ‫א‬
- swaps ‫א‬
- options ‫א‬ ‫א‬
- other
(f) derivatives (forwards,futures,or options contracts) that have a residual

‫א‬ ‫א‬ ‫א (א‬ ‫א‬ ‫א‬ ‫א‬ ‫)א‬ ‫א‬ ‫א‬−
maturity greater than one year, which are subject to margin calls. . ‫א‬ ‫א‬
- aggregate short and long positions of forwards and futures in foreign ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬
currencies vis-a-vis the domestic currency ( including the forward leg of currency
swaps ) ( ‫א‬ ‫א‬ ‫א‬
(a) short positions (-)
(−) ‫א א‬ (‫)أ‬
(b) long positions (+) (+) ‫א א‬ ( )

- aggregate short and long positions of options in foreign currencies vis-a-vis the
domestic currency
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ -
(a) short positions (-)

(−) ‫א א‬ ()
(i) bought puts ‫א‬ ‫א‬ ( )

(ii) written calls ‫א‬ ‫א‬ ( )
(b) long positions ‫) ( א‬
(i) bought calls ‫א‬ ‫א‬ ‫א‬ ( )
(ii) written puts ‫א‬ ( )
(2) to be disclosed less frequently:
(٢)
(a) currency composition of reserves ( by groups of currencies )

( ‫א‬ ) ‫א‬ ‫)( א‬
- currencies in SDR basket 34303.20 33725.50 ‫א‬ ‫א‬ ‫א א‬ ‫א‬

- currencies not in SDR basket 68.70 67.60 ‫א‬ ‫א‬ ‫א א‬ ‫א‬
- by individual currencies (optional) ( )
- 66 - - 65 -
2008 2008
End of
October November
More than More than
3 months & 3 months &
up to 1 year up to 1 year
months months
V. Predetermined short-term net flows affecting the official reserves (1) (١) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ :
A. Foreign currency loans and securities ‫א‬ ‫א‬ ‫א א א‬−
1. Inflows ‫א‬ −١
2. Outflows −٢
B. Other 6633.88 552.82 1105.65 4975.41 5439.86 453.32 906.64 4079.90 −
- External debt disbursements (2) 636.76 53.06 106.13 477.57 618.02 51.50 103.00 463.52 (٢) ‫א‬ ‫א‬ ‫א‬
- Oil sector foreign currency sales to CBE (+) (3) 300.00 25.00 50.00 225.00 300.00 25.00 50.00 225.00 (٣) (+) ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬
- Suez Canal foreign currency sales to CBE (+) (3) 5697.12 474.76 949.52 4272.84 4521.84 376.82 753.64 3391.38 (٣) (+) ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬
(1) This section is added to shed light on certain items that positively affect the official reserves. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫אא‬ (١)
(2) Refer to the footnote at the bottom of section II of the template. . ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א א‬ (٢)
(3) These sectors are obliged to sell their surplus of foreign currencies to the CBE. . ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ (٣)
- 68 - - 67 -
Total Deposits at Banks by Currency ‫إﺟﻤﺎﻟﻰ اﻟﻮداﺋﻊ ﻟﺪى اﻟﺒﻨﻮك ﺣﺴﺐ اﻟﻌﻤﻠﺔ‬ (%) Annual Change Rate in Monetary Aggregates ‫ﻣﻌﺪل اﻟﺘﻐﻴﺮ اﻟﺴﻨﻮي ﻓﻲ اﻟﻤﺘﻐﻴﺮات اﻟﻨﻘﺪﻳﺔ اﻟﻜﻠﻴﺔ‬
‫ﺑﺎﻟﻤﻠﻴﺎر ﺟﻨﻴﻪ‬
(LE bn) 40.0
900
In Foreign Currencies ‫ﺑﺎﻟﻌﻤﻼت اﻻﺟﻨﺒﻴﺔ‬
35.0
800 In Local Currency ‫ﺑﺎﻟﻌﻤﻠﺔ اﻟﻤﺤﻠﻴﺔ‬
700 30.0
600
25.0
500
20.0
400
15.0
300
10.0
200
Domestic Liquidity ‫اﻟﺴﻴﻮﻟﺔ اﻟﻤﺤﻠﻴﺔ‬
Money Supply ‫اﻟﻤﻌﺮوض اﻟﻨﻘﺪى‬
100 5.0
Reserve Money ‫ﻧﻘﻮد اﻻﺣﺘﻴﺎﻃﻰ‬
0
0.0
June 07 Nov. 07 June 08 Nov. 08 June 03 June 04 June 05 June 06 June 07 April 08 May June July Aug. Sept. Oct. Nov
Total Deposits at Banks by Sector ‫ (اﻟﻮداﺋﻊ ﻟﺪى اﻟﺒﻨﻮك وﻓﻘﺎ ﻟﻠﻘﻄﺎﻋﺎت‬Mounth

‫) إﺟﻤﺎﻟﻰ‬ Foreign Assets & Liabilities of the Banking System ‫اﻻﺻﻮل واﻟﺨﺼﻮم اﻻﺟﻨﺒﻴﺔ ﻟﻠﺠﻬﺎز اﻟﻤﺼﺮﻓﻲ‬
(US $ bn )
(LE bn) ‫اﻻﺣﺘﻴﺎﻃﻴﺎت اﻟﺪوﻟﻴﺔ‬ ‫ﺑﺎﻟﻤﻠﻴﺎر ﺟﻨﻴﻪ‬
(LE bn)
15.00
1000 13.5
External sector ‫اﻟﻘﻄﺎع اﻟﺨﺎرﺟﻰ‬ 400
900 Household sector ‫اﻟﻘﻄﺎع اﻟﻌﺎﺋﻠﻰ‬ 12.0
Private business sector ‫ﻗﻄﺎع اﻻﻋﻤﺎل اﻟﺨﺎص‬ Foreign Assets ‫اﻷﺻﻮل اﻻﺟﻨﺒﻴﺔ‬
Public business sector ‫ﻗﻄﺎع اﻻﻋﻤﺎل اﻟﻌﺎم‬ 10.5 350
800 Government sector ‫اﻟﻘﻄﺎع اﻟﺤﻜﻮﻣﻰ‬ Foreign Liabilities ‫اﻟﺨﺼﻮم اﻻﺟﻨﺒﻴﺔ‬
9.0
300
700
7.5
600 250
6.0
500
4.5 200
400 3.0
150
300 1.5
13.50 0.0 100

200
June 03 June 04
100 50
NIR ‫ﺻﺎﻓﻲ اﻻﺣﺘﻴﺎﻃﻴﺎت اﻟﺪوﻟﻴﺔ‬
0 NIR / Months of Merchandise (‫ اﻟﻮاردات اﻟﺴﻠﻌﻴﺔ )ﺷﻬﺮ‬/ ‫ﺻﺎﻓﻲ اﻻﺣﺘﻴﺎﻃﻴﺎت اﻟﺪوﻟﻴﺔ‬ 0
June 03 I June 04t June 05 June 06 June 07 April 08 May June July Aug. Sept. Oct. Nov. June 03 June 04 June 05 June 06 June 07 April 08 May June July Aug. Sept. Oct. Nov.
- 70 - - 69 -
Discount & Interest Rates on Deposits & Loans at Banks ‫ﺳﻌﺮ اﻟﺨﺼﻢ و اﻟﻌﺎﺋﺪ ﻋﻠﻰ اﻟﻮداﺋﻊ و اﻟﻘﺮوض ﻟﺪى اﻟﺒﻨﻮك‬ (LE bn) Domestic Credit by Sector ‫اﻻﺋﺘﻤﺎن اﻟﻤﺤﻠﻰ ﺣﺴﺐ اﻟﻘﻄﺎﻋﺎت‬
(%)
800
14.00
Less than one year deposits Household sector ‫اﻟﻘﻄﺎع اﻟﻌﺎﺋﻠﻰ‬
Loans less than one year Private business sector ‫ﻗﻄﺎع اﻻﻋﻤﺎل اﻟﺨﺎص‬
700
13.00 Discount rate
Public business sector ‫ﻗﻄﺎع اﻻﻋﻤﺎل اﻟﻌﺎم‬
Government sector (Net) ‫ﺻﺎﻓﻰ اﻟﻘﻄﺎع اﻟﺤﻜﻮﻣﻰ‬

600
12.00
11.00
500
10.00 400
9.00 300
8.00 200
7.00 100
6.00 0
June 04 June 05 June 06 June 07 April- 08 May June July August September October November
June 07 Nov. 07 June 08 Nov. 08
(%)
Interbank Interest Rates ‫أﺳﻌﺎر اﻟﻌﺎﺋﺪ ﺑﻴﻦ اﻟﺒﻨﻮك‬ Net International Reserves (NIR) ‫ﺻﺎﻓﻲ اﻻﺣﺘﻴﺎﻃﻴﺎت اﻟﺪوﻟﻴﺔ‬ ‫ﺷﻬﻮر‬
‫ﺑﺎﻟﻤﻠﻴﺎر دوﻻر‬
13.00 (US$ bn) (Months)
12.50 42.00 14.0
NIR ‫ﺻﺎﻓﻲ اﻻﺣﺘﻴﺎﻃﻴﺎت اﻟﺪوﻟﻴﺔ‬
12.00 39.00
(‫ اﻟﻮاردات اﻟﺴﻠﻌﻴﺔ )ﺷﻬﺮ‬/ ‫ﺻﺎﻓﻲ اﻻﺣﺘﻴﺎﻃﻴﺎت اﻟﺪوﻟﻴﺔ‬ 13.0
36.00 NIR / Months of Merchandise Imports
11.50
33.00 12.0
11.00
30.00
10.50
11.0
27.00
10.00
24.00
9.50 10.0
21.00
Overnight
9.00
One week 18.00 9.0
8.50 One month
15.00
Over one month ` 8.0
8.00
12.00
7.50
9.00 7.0
7.00
6.00
0 4 0 5 06 07 08 08 08 08 08 08 6.0
20 20 20 20 20 20 20 20 20 20
7/ 7/ 7/ 7/ 6/ / / / 12
/
12
/ 3.00
5/ 4/ 3/ 2/ 0/ 11 11 12 5/ 9/
- - / 6- / 6- -3 3/ 7/ 1/ -1 -2
/6 /6 20 19 /6 - -1 -0 2 2
22 21 17 /1
0
11 11 /1 /1 0.00 5.0
21 4/ / 02 16
18 June 03 June 04 June 05 June 06 June 07 May08 June July Aug. Sept. Oct. Nov. Dec.
- 72 - - 71 -
Daily Developments in the Average of Market (buy) and Interbank Exchange Rates of US Dollar
during December 2008
(L.E.) ٢٠٠٨ ‫اﻟﺘﻄﻮر اﻟﻴﻮﻣﻰ ﻟﻤﺘﻮﺳﻂ أﺳﻌﺎر اﻟﻌﻤﻼء )ﺷﺮاء( وأﺳﻌﺎر اﻻﻧﺘﺮﺑﻨﻚ ﻟﻠﺪوﻻر اﻻﻣﺮﻳﻜﻰ ﺧﻼل ﺷﻬﺮ دﻳﺴﻤﺒﺮ‬
5.5500
5.5000
5.4500
5.4000
5.3500
5.3000
5.2500
(days) 1 2 3 4 10 11 14 15 16 17 18 21 22 23 24 25 28 30 31
Weighted average interbank rate ‫أﺳﻌﺎر اﻻﻧﺘﺮﺑﻨﻚ‬ Market rate (buy) (‫أﺳﻌﺎر اﻟﻌﻤﻼء )ﺷﺮاء‬
Weekly Developments in the Average of Market (buy) and Interbank Exchange Rates of US Dollar
(L.E.) ‫اﻟﺘﻄﻮر اﻻﺳﺒﻮﻋﻰ ﻟﻤﺘﻮﺳﻂ اﺳﻌﺎر اﻟﻌﻤﻼء )ﺷﺮاء( وأﺳﻌﺎر اﻻﻧﺘﺮﺑﻨﻚ ﻟﻠﺪوﻻر اﻻﻣﺮﻳﻜﻰ‬
5.6200
5.6000
5.5800
5.5600
5.5400
5.5200
5.5000
5.4800
5.4600
5.4400
(days)
08
08
08
08
08
08
08
08
08
08
08
08
20
20
20
20
20
20
20
20
20
20
20
20
0/
0/
0/
1/
1/
1/
1/
2/
2/
2/
2/
2/
/1
/1
/1
/1
/1
/1
/1
/1
/1
/1
/1
/1
16
23
30
06
13
20
27
04
11
18
25
31
Weighted average interbank rate ‫أﺳﻌﺎر اﻻﻧﺘﺮﺑﻨﻚ‬ Market rate (buy) (‫أﺳﻌﺎر اﻟﻌﻤﻼء )ﺷﺮاء‬
- 73 -
‫א‬ ‫א‬
External Sector
21- Balance of Payments ‫א א‬ −٢١
(US$ mn) ( )
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008* 2008/2009 *
During Fiscal Years ‫א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א א‬
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008* Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Trade Balance -7833.8 -10359.4 -11985.9 -16290.6 -23415.4 -3618.2 -3978.6 -5553.5 -5200.9 -6068.0 -5520.9 -6625.6 -7000.0 ‫א א א‬
Export proceeds ** 10452.5 13833.4 18455.1 22017.5 29355.8 5255.2 5232.5 6119.0 5989.8 7113.3 7734.7 8518.0 8162.9 ** ‫א‬ ‫א‬
Petroleum exports 3910.3 5299.0 10222.4 10107.9 14472.6 2544.0 2269.9 2781.5 2522.9 3498.6 3898.7 4552.4 4109.4 ‫א‬
Other exports 6542.2 8534.4 8232.7 11909.6 14883.2 2711.2 2962.6 3337.5 3466.9 3614.7 3836.0 3965.6 4053.5 ‫א א‬
Import payments** -18286.3 -24192.8 -30441.0 -38308.1 -52771.2 -8873.4 -9211.1 -11672.5 -11190.7 -13181.3 -13255.6 -15143.6 -15162.9 ** ‫א א א‬
Petroleum imports -2549.7 -3975.3 -5359.2 -4127.9 -9561.0 -667.1 -796.1 -1268.3 -1808.7 -2499.5 -2499.9 -2752.9 -2267.8 ‫א א‬
Other imports -15736.6 -20217.5 -25081.8 -34180.2 -43210.2 -8206.3 -8415.0 -10404.2 -9382.0 -10681.8 -10755.7 -12390.7 -12895.1 ‫א א א‬
Services (Net) 7317.8 7842.2 8190.7 11498.3 14966.1 2467.5 3052.6 2922.4 3020.5 3726.6 4049.0 4170.0 4060.0 ( ) ‫א‬
Receipts 12981.0 15029.6 17437.9 20455.5 27211.0 4678.1 5070.4 5438.1 6043.3 6749.9 7062.0 7355.8 7410.1 ‫א‬
Transportation, of which: 3755.2 4259.6 4947.1 6371.3 7559.7 1545.4 1600.7 1695.9 1716.2 1936.3 1785.8 2121.4 2230.1 : ‫א‬
Suez Canal dues (2848.4) (3306.8) (3558.8) (4169.6) (5155.2) (1022.1) (1036.4) (1117.7) (1213.2) (1298.1) (1235.2) (1408.7) (1455.5) ‫א‬ ‫א‬
Travel ( tourism revenues ) 5475.1 6429.8 7234.6 8183.0 10826.5 1836.2 1897.6 1996.6 2848.4 2732.0 2643.1 2603.0 3281.0 ( ‫)א א א א‬ ‫א‬
Investment income 485.1 910.6 2001.8 3044.7 3289.4 764.7 797.6 836.2 807.1 868.1 781.9 832.3 734.0 ‫א‬
Government receipts 179.4 157.2 358.2 253.5 188.3 16.8 199.7 6.6 40.7 36.8 59.8 51.0 55.5
Others 3086.2 3272.4 2896.2 2603.0 5347.1 515.0 574.8 902.8 630.9 1176.7 1791.4 1748.1 1109.5 ‫א‬
Payments 5663.2 7187.4 9247.2 8957.2 12244.9 2210.6 2017.8 2515.7 3022.8 3023.3 3013.0 3185.8 3350.1 ‫א‬
Transportation 668.2 902.4 1214.9 1272.9 1620.1 303.2 337.8 369.6 443.9 390.6 359.2 426.4 562.2 ‫א‬
Travel 1315.1 1438.3 1619.6 1917.6 2895.3 512.9 425.7 523.0 610.0 887.2 662.6 735.5 791.3 ‫א‬
Investment income, of which: 691.8 1164.4 1471.1 1867.7 1929.7 387.8 356.8 521.9 539.9 413.9 500.8 475.1 500.6 : ‫א‬
Interest paid (585.9) (583.7) (586.5) (608.2) (674.9) (116.2) (195.5) (102.8) (230.2) (109.4) (237.5) (97.8) (220.3) ‫א‬
Government expenditures 489.3 656.6 1319.9 1195.9 1313.8 336.7 294.6 310.0 317.2 332.9 322.4 341.3 367.4 ‫א‬
Others 2498.8 3025.7 3621.7 2703.1 4486.0 670.0 602.9 791.2 1111.8 998.7 1168.0 1207.5 1128.6 ‫א‬
Balance of Goods & Services -516.0 -2517.2 -3795.2 -4792.3 -8449.3 -1150.7 -926.0 -2631.1 -2180.4 -2341.4 -1471.9 -2455.6 -2940.0 ‫א‬ ‫א א‬
Transfers 3934.1 5427.8 5547.1 7061.3 9337.6 1550.1 2039.9 2054.1 2049.0 2179.1 2165.0 2944.5 1974.0 ‫א‬
Private (net), of which: 3046.1 4371.7 4975.4 6261.0 8377.1 1431.5 1630.1 1905.6 1936.4 2086.0 2007.8 2346.9 1896.5 : ( ) ‫א‬
Remittances of Egyptians working abroad (2999.6) (4329.5) (5034.2) (6321.0) (8559.2) (1457.1) (1628.8) (1925.6) (1974.5) (2126.7) (2064.8) (2393.2) (1950.7) ‫א‬ ‫א‬
Official (net) 888.0 1056.1 571.7 800.3 960.5 118.6 409.8 148.5 112.6 93.1 157.2 597.6 77.5 ( ) ‫א‬
Balance of Current Account 3418.1 2910.6 1751.9 2269.0 888.3 399.4 1113.9 -577.0 -131.4 -162.3 693.1 488.9 -966.0 ‫א‬ ‫א‬
Capital & Financial Account -5016.4 3377.7 3511.3 853.0 7136.7 -1007.8 404.4 1337.7 1655.9 1494.3 441.4 3545.1 2186.4 ‫א‬ ‫א‬ ‫א‬
Capital Account 0.0 0.0 -37.6 -39.0 2.3 0.5 -1.7 1.0 1.4 1.2 -0.2 -0.1 0.7 ‫א‬ ‫א‬
Financial Account -5016.4 3377.7 3548.9 892.0 7134.4 -1008.3 406.1 1336.7 1654.5 1493.1 441.6 3545.2 2185.7 ‫א‬ ‫א‬
Direct investment abroad -155.7 -39.0 -145.3 -535.6 -1112.7 -9.8 -376.5 -91.1 -131.0 -66.2 -214.0 -701.5 -700.0 ‫א‬ ‫א‬ ‫א‬
Direct investment in Egypt (net)*** 407.2 3901.8 6111.4 11053.2 13236.5 4007.5 1800.7 2007.9 2969.1 4800.4 3482.2 1984.8 1655.0 ***( ) ‫א‬ ‫א‬
Portfolio investment abroad 113.0 540.6 -729.1 -557.5 -959.5 -225.8 -139.7 -96.0 -359.9 -250.8 -319.0 -29.8 -131.7 ‫א‬ ‫א‬
Portfolio investment in Egypt (Net), of which:
#
-225.6 831.1 2764.0 -936.7 -1373.6 19.0 171.6 -1165.2 -1430.4 -303.5 383.2 -22.9 -3484.9 :
#
( ) ‫א‬
Bonds -147.7 25.9 2690.2 -550.7 775.0 -76.5 -67.8 -62.4 996.7 -77.9 -61.6 -82.2 -92.1 ‫א‬
Other Investments (Net) -5155.3 -1856.8 -4452.1 -8131.4 -2656.3 -4799.2 -1050.0 681.1 606.7 -2686.8 -2890.8 2314.6 4847.3 ( ) ‫א א‬ ‫א‬
Net Borrowing 1508.8 1000.6 1425.8 2039.1 757.2 154.1 339.9 1694.1 30.4 210.7 146.4 369.7 -28.0 ‫א א‬
Medium- and Long-Term Loans -642.0 -783.8 -927.5 -234.3 -1158.5 -301.5 -247.6 987.4 -412.9 -104.2 -487.5 -153.9 -498.9 ‫א‬
Drawings 791.2 727.9 795.6 1780.4 436.9 209.6 252.3 1196.9 122.1 160.4 64.1 90.3 153.9 ‫א‬
Repayments -1433.2 -1511.7 -1723.1 -2014.7 -1595.4 -511.1 -499.9 -209.5 -535.0 -264.6 -551.6 -244.2 -652.8 ‫א‬
Medium- and Long-Term Suppliers' Credit 68.3 -525.8 -101.2 -191.5 -463.4 -29.3 -48.0 4.6 -17.6 -85.9 -6.3 -353.6 -11.4 ‫א‬
Drawings 550.4 86.2 625.4 89.0 8.9 10.0 28.1 40.5 4.1 2.1 2.6 0.1 0.3 ‫א‬
Repayments -482.1 -612.0 -726.6 -280.5 -472.3 -39.3 -76.1 -35.9 -21.7 -88.0 -8.9 -353.7 -11.7 ‫א‬
- 76 - - 75 -
21- Balance of Payments (contd.) ‫א א‬ − ٢١
(US$ mn) ( )
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008* 2008/2009*

During Fiscal Years ‫א א‬ ‫א א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א א‬
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008* Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
S .T. Suppliers’ Credit (Net) 2082.5 2310.2 2454.5 2464.9 2379.1 484.9 635.5 702.1 460.9 400.8 640.2 877.2 482.3 ( ) ‫א‬
Other Assets -5704.7 -3180.0 -5102.8 -10941.6 -4402.5 -5413.3 -1592.8 -1384.4 -280.5 -2411.7 -5156.3 3446.0 4604.0 ‫א‬ ‫א‬
CBE -21.4 23.0 3.3 -215.3 -48.1 -118.1 -34.7 -34.1 -8.7 -23.1 -5.9 -10.4 27.9 ‫א‬ ‫א‬ ‫א‬
Banks -2593.2 -2171.6 -4197.7 -9900.5 -2486.1 -5006.5 -1536.2 -1568.0 423.9 -1904.9 -4856.0 3850.9 6875.7
Others -3090.1 -1031.4 -908.4 -825.8 -1868.3 -288.7 -21.9 217.7 -695.7 -483.7 -294.4 -394.5 -2299.6
Other Liabilities -959.4 322.6 -775.1 771.1 989.0 460.0 202.9 371.4 856.8 -485.8 2119.1 -1501.1 271.3 ‫א‬ ‫א‬
CBE -16.7 0.0 2.2 16.0 0.2 2.7 4.7 5.1 -0.6 6.5 5.4 -11.1 1.8 ‫א‬ ‫א‬ ‫א‬
Banks -942.7 322.6 -777.3 755.1 988.8 457.3 198.2 366.3 857.4 -492.3 2113.7 -1490.0 269.5
Net Errors & Omissions 1440.0 -1810.6 -2009.8 2160.3 -2604.6 2453.1 -1311.5 1409.0 -374.1 604.1 693.8 -3528.4 -761.4 ‫א‬ ‫א‬
Overall Balance -158.3 4477.7 3253.4 5282.3 5420.4 1844.7 206.8 2169.7 1150.4 1936.1 1828.3 505.6 459.0 ‫א א א‬
‫א‬ ‫א‬ ‫א‬
Change in CBE Reserve Assets (Increase -) 158.3 -4477.7 -3253.4 -5282.3 -5420.4 -1844.7 -206.8 -2169.7 -1150.4 -1936.1 -1828.3 -505.6 -459.0 (− ‫)א‬ ‫א א‬
Indicators (%) (٪) ‫א‬
Merchandise Exports / Merchandise Imports 57.2 57.2 60.6 57.5 55.6 59.2 56.8 52.4 53.5 54.0 58.4 56.2 53.8 ‫א א א א‬/ ‫א א א‬
Service Receipts / Service Payments 229.2 209.1 188.6 228.4 222.2 211.6 251.3 216.2 199.9 223.3 234.4 230.9 221.2 ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Current Receipts / Current Payments 114.3 109.3 104.4 104.8 101.4 103.6 109.9 95.9 99.1 99.0 104.3 102.7 94.8 ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Trade Balance / GDP -10.0 -11.6 -11.2 -12.5 -14.4 -2.8 -3.0 -4.2 -3.3 -3.7 -3.4 -4.0 -3.4 ‫א‬ ‫א‬ ‫א‬/ ‫א א א‬
Current Account / GDP 4.3 3.3 1.6 1.7 0.5 0.3 0.9 -0.4 -0.1 -0.1 0.4 0.3 -0.5 ‫א‬ ‫א א‬/ ‫א א א‬
Overall Balance / GDP -0.2 5.0 3.0 4.1 3.3 1.4 0.2 1.7 0.7 1.2 1.1 0.3 0.2 ‫א‬ ‫א א‬/ ‫א א א‬
FDI in Egypt (net) / GDP 0.5 4.4 5.7 8.5 8.1 3.1 1.4 1.5 1.9 3.0 2.1 1.2 0.8 ‫א‬ ‫א‬ ‫א‬/( ) ‫א‬ ‫א‬ ‫א‬
* Provisional. . *
** Including exports and imports of free zones. . ‫א‬ ‫א א א א‬ **
*** Including foreign direct investment in the petroleum sector, as from Q1 of FY 2004/2005. .٢٠٠٥/٢٠٠٤ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ***
# Including: sovereign euro (US dollar) bonds issued by the government of Egypt on July 1st, 2001; foreigners' ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫ א‬، ‫א א א‬ ‫א‬ ،٢٠٠١ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ #
subscriptions for oil bonds and guaranteed government bonds during the first quarter of FY 2005/2006; foreigners' ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫א‬ ٢٠٠٨/٢٠٠٧ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ . ٢٠٠٦/٢٠٠٥ ‫א א‬
purchases of LE government bonds floated abroad (nominal value of US$ 1.1 billion); and their net transactions on . ‫א א א א‬ ‫א א‬ ‫א‬ ، ١١
Egyptian TBs and CDs as of the first quarter of FY 2007/2008.
- 78 - - 77 -
22 - Proceeds of Merchandise Exports by Degree of Processing * * ‫ ﺣﺼﻴﻠﺔ اﻟﺼﺎدرات اﻟﺴﻠﻌﻴﺔ ﺣﺴﺐ درﺟﺔ اﻟﺘﺼﻨﻴﻊ‬-٢٢
(US$ mn) ( )
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008** 2008/2009**

During Fiscal Years ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008** Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Total Exports *** 10452.5 13833.4 18455.1 22017.5 29355.8 5410.8 5255.2 5232.5 6119.0 5989.8 7113.3 7734.7 8518.0 8162.9 *** ‫א‬ ‫א‬
Fuel, Mineral Oils & Products, of which : 4011.8 5478.0 10429.5 10266.3 14753.6 2549.2 2578.1 2337.9 2801.1 2574.1 3592.3 3926.5 4660.7 4236.7 : ، ‫א‬ ‫א‬ ‫א‬
Crude oil 1413.7 1937.7 3213.8 3128.3 4910.5 901.8 811.0 578.5 837.0 964.2 1140.7 1399.3 1406.3 1556.0
x
Petroleum products x 2496.6 3361.3 7008.6 6979.6 9562.1 1610.7 1733.0 1691.4 1944.5 1558.7 2357.9 2499.4 3146.1 2553.4
Coal & types thereof 24.2 36.6 22.3 43.5 126.0 8.2 12.0 18.4 4.9 23.4 45.0 11.8 45.8 49.4 ‫א‬
Cotton 201.6 137.8 146.3 109.8 193.6 22.9 14.0 35.9 37.0 34.4 37.5 63.8 57.9 35.5 ‫א‬ ‫א‬
Raw Materials, of which : 473.3 593.6 522.2 617.5 898.9 135.8 105.9 161.7 214.1 252.3 145.5 220.5 280.6 188.1 : ، ‫א א‬ ‫א‬
Potatoes 4.6 1.3 2.3 17.0 32.6 1.3 1.0 6.0 8.7 19.6 2.9 5.9 4.2 1.5
Citrus fruits 13.2 24.2 38.3 32.1 32.2 3.9 3.4 15.7 9.1 7.6 4.6 4.3 15.7 3.7 ‫א‬
Medicinal plants 5.6 7.7 3.9 4.1 11.6 0.8 1.2 0.4 1.7 2.1 5.0 1.9 2.6 2.5
Spices & vanilla 0.1 0.4 0.2 0.7 1.1 0.0 0.6 0.1 0.0 0.1 0.6 0.2 0.2 0.2 ‫א‬
Groundnuts 0.5 2.0 1.0 3.1 9.1 0.1 1.0 1.0 1.0 0.1 4.5 2.8 1.7 0.7 ‫א‬
Flax, raw 3.4 5.7 3.2 7.1 3.9 0.9 0.6 1.1 4.5 0.6 1.2 1.7 0.4 0.4
Semi-finished goods, of which : 763.5 776.3 1188.4 1982.1 1833.6 421.8 415.4 527.5 617.4 383.3 496.9 445.2 508.2 590.4 : ، ‫א‬ ‫א‬
Carbon 21.4 9.6 24.5 26.9 74.8 3.7 9.4 3.1 10.7 9.7 28.7 13.6 22.8 18.1
Essential oils & resins 6.7 15.5 5.4 8.5 5.6 2.4 3.1 1.0 2.0 0.5 1.7 2.6 0.8 0.7 ‫א א‬
Aluminium, unalloyed 61.7 72.0 196.9 330.7 52.9 79.7 65.9 92.5 92.6 20.4 23.2 3.0 6.3 35.4
Cotton yarn 146.8 117.2 104.7 128.9 92.7 21.5 28.2 40.4 38.8 25.3 27.6 18.8 21.0 19.2 ‫א‬
Finished goods, of which : 3971.8 5347.7 5171.8 7519.1 10931.5 1858.8 1707.0 1784.0 2169.3 2504.9 2708.2 2888.3 2830.1 2947.4 : ، ‫א‬ ‫א‬
Rice 57.8 140.6 136.0 145.8 161.8 21.1 36.1 46.7 41.9 50.8 28.8 44.6 37.6 14.4
Preserved & dried vegetables 3.5 5.9 3.9 16.6 16.7 2.0 2.0 6.2 6.4 3.5 2.1 1.6 9.5 2.2
Dried onion 1.8 5.5 3.7 6.5 7.6 1.1 0.6 2.4 2.4 2.5 0.8 1.3 3.0 0.9
Pharmaceuticals 209.1 215.2 124.5 238.0 691.5 48.7 55.7 66.8 66.8 179.1 104.1 319.0 89.3 106.1
Fertilizers 124.9 149.6 138.5 306.0 383.7 149.7 33.3 85.5 37.5 94.7 42.8 55.2 191.0 278.9
Carpets & other floor coverings 105.6 110.8 107.7 124.5 144.8 33.6 36.0 26.2 28.7 27.8 46.0 43.5 27.5 25.0
Articles of iron and steel 407.8 622.8 471.3 642.4 737.4 285.4 150.1 112.7 94.2 157.5 172.0 209.8 198.1 170.1
Aluminium articles 149.3 220.5 131.7 119.3 457.0 19.7 21.6 20.6 57.4 89.8 152.5 90.5 124.2 85.0
Ready-made clothes 257.1 296.9 350.5 453.6 431.0 113.9 91.0 113.2 135.5 115.8 106.7 103.4 105.1 135.1
Cotton textiles 209.0 305.8 226.3 258.9 496.3 55.2 47.8 80.0 75.9 77.7 79.6 98.0 241.0 159.6
Undistributed Exports 1030.5 1500.0 996.9 1522.7 744.6 422.3 434.8 385.5 280.1 240.8 132.9 190.4 180.5 164.8 ‫א‬ ‫א‬ ‫א‬
* According to the Harmonized System (Degree of Processing) . .( ‫א‬ ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ *
** Provisional. ‫أرﻗﺎم ﻣﺒﺪﺋﻴﺔ‬ **
*** Including exports of free zones. . ‫א‬ ‫א א‬ ***
x Including natural gas & bunker and jet fuel. . ‫א‬ ‫א‬ ‫א‬ ، ‫א‬ ‫א‬ x
- 80 - - 79 -
23- Payments for Merchandise Imports by Degree of Use * * ‫ اﻟﻤﺪﻓﻮﻋﺎت ﻋﻦ اﻟﻮاردات اﻟﺴﻠﻌﻴﺔ ﺣﺴﺐ درﺟﺔ اﻻﺳﺘﺨﺪام‬- ٢٣
(US$ mn) ( )
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008** 2008/2009**

2003/2004 2004/2005 2005/2006 2006/2007 2007/2008** Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Total Imports *** 18286.3 24192.8 30441.0 38308.1 52771.2 8562.7 8873.4 9211.1 11660.9 11190.7 13181.3 13255.6 15143.6 15162.9 *** ‫א א א‬
Fuel, Mineral Oils & Products, of which : 1524.6 2448.4 2598.5 2775.8 4896.6 850.2 275.4 706.3 943.9 1275.9 1057.8 1059.8 1503.1 1538.3 : ، ‫א‬ ‫א‬ ‫א‬
x
Petroleum products x 1435.8 2336.4 2515.0 2567.7 4475.0 822.5 244.8 651.9 848.5 1062.0 961.8 1000.6 1450.6 1452.2
Coal & types thereof 60.6 105.8 58.8 94.3 87.7 23.2 19.2 19.2 32.7 5.5 28.7 17.0 36.5 85.7 ‫א‬
Raw Materials, of which : 3165.8 4326.9 5175.9 5646.0 9682.3 1439.4 1477.8 1272.6 1456.2 1823.8 2747.6 2514.0 2596.9 2061.3 : ، ‫א א א‬
Crude petroleum 1113.9 1638.9 2844.2 1560.2 5086.0 573.9 422.3 144.2 419.8 746.7 1537.7 1499.3 1302.3 815.6
Wheat 1024.8 1107.1 887.8 1046.6 1637.5 288.5 309.8 323.2 125.1 347.5 497.0 360.5 432.5 332.4
Maize 396.1 433.4 362.8 529.6 637.3 104.1 116.2 153.3 156.0 174.0 172.4 122.6 168.3 203.2
Tobacco 166.3 222.9 183.0 267.8 337.9 52.1 52.0 88.3 75.4 71.7 50.7 98.2 117.3 87.9
Iron ore 12.5 84.1 171.4 267.9 289.5 64.8 67.7 64.2 71.2 34.3 42.4 78.4 134.4 197.9
Cotton 77.1 69.3 96.2 132.6 57.1 35.2 31.6 33.2 32.6 20.7 12.9 12.0 11.5 44.8
Intermediate Goods, of which : 5247.2 6803.1 8415.6 10531.0 15385.9 2259.2 2280.8 2552.5 3438.5 3189.5 3357.6 4199.9 4638.9 4987.5 : ، ‫א‬ ‫א‬
Animal & vegetable fats, greases & oils & prod. 516.7 590.7 531.7 853.2 1277.7 167.8 167.8 205.4 312.2 214.3 246.7 477.6 339.1 506.5 ‫א‬
Organic & inorganic chemicals 631.6 727.1 745.0 1314.3 2088.9 228.2 287.3 383.2 415.6 494.7 581.6 514.6 498.0 739.3
Plastic & articles thereof 487.5 677.7 651.4 911.2 1359.0 206.7 209.8 227.2 267.5 294.0 319.2 340.8 405.0 348.4 ‫א‬
Wood & articles and charcoal 368.0 432.5 534.0 647.2 947.4 175.7 96.5 130.1 244.9 212.0 191.8 255.3 288.3 236.4
Paper, cardboard paper & articles thereof 419.3 482.3 482.8 541.5 917.1 124.0 129.7 116.6 171.2 207.1 242.6 241.1 226.3 222.8
Iron & steel products 787.7 965.9 1454.4 1904.1 4008.7 459.8 332.6 430.9 680.8 769.2 660.7 1135.0 1443.8 1296.2
Aluminium & articles 110.6 150.2 135.0 365.3 357.8 90.6 87.5 93.3 93.9 104.4 109.5 49.2 94.7 91.5
Rubber & articles 172.2 191.3 213.2 237.5 286.6 59.0 56.2 45.2 77.1 67.8 63.1 68.1 87.6 112.4
Investment Goods, of which : 3506.4 4894.5 7887.6 9845.2 11870.6 1931.1 2416.9 2247.4 3249.8 2372.7 3248.5 2819.6 3429.8 3485.8 : ، ‫א‬ ‫א‬
Computers 142.2 154.2 203.7 337.8 558.2 53.9 50.4 64.0 169.5 155.6 122.6 117.5 162.5 170.3
Motors, generators & spare parts 78.5 96.1 166.2 272.8 555.9 60.5 76.0 64.6 71.7 88.3 119.9 189.1 158.6 68.3 ‫א‬
Vehicles for passengers 29.4 25.2 34.3 20.9 26.8 6.1 3.4 1.0 10.4 5.9 8.7 7.0 5.2 1.3 ‫א‬
Spare parts and accessories for cars 319.4 411.5 827.2 832.8 1452.2 201.0 175.4 185.2 271.2 333.5 316.1 331.2 471.4 390.6 ‫א‬ ‫א‬ ‫א‬
Electric appliances for tel. and telegraph 154.5 234.3 263.0 431.1 837.2 56.2 73.2 98.5 203.2 154.7 276.0 255.2 151.3 228.3 ‫א‬ ‫א‬
Optical appliances 216.2 183.9 281.1 288.2 347.1 69.0 60.1 80.8 78.3 74.8 112.2 73.3 86.8 92.3 ‫א‬ ‫א א‬
Consumer Goods 2930.7 3201.9 3530.9 5281.3 8518.4 1172.4 1182.3 1197.7 1728.9 1876.6 2113.0 2160.0 2368.8 2270.4 ‫א‬ ‫א‬
A - Durable Goods, of which : 854.6 1052.5 983.6 1326.2 2374.8 304.8 327.7 306.5 387.2 467.0 615.4 632.0 660.4 535.2 : ، ‫א‬ ‫א‬−
Household refrigerators & electric freezers 65.7 57.9 85.3 81.6 137.7 23.2 12.8 18.3 27.3 25.5 41.3 30.5 40.4 39.9 ‫א‬ ‫א‬
Televisions & parts thereof 31.5 49.3 43.4 35.5 68.6 12.0 7.6 9.7 6.2 21.3 10.4 18.0 18.9 9.5 ‫א‬
Cars 143.4 239.9 388.3 592.2 1157.1 111.3 125.7 140.0 215.2 217.0 288.8 287.6 363.7 292.5 ‫א‬
B - Non-Durable Goods, of which : 2076.1 2149.4 2547.3 3955.1 6143.6 867.6 854.6 891.2 1341.7 1409.6 1497.6 1528.0 1708.4 1735.2 : ، ‫א‬ ‫א‬−
Dairy products, eggs and honey 115.5 111.4 106.0 188.5 318.9 25.7 30.5 53.2 79.1 54.0 75.9 68.9 120.1 92.6
Refined sugar & products 81.2 14.2 33.0 52.8 55.2 34.4 0.2 3.4 14.8 15.1 14.5 7.5 18.1 27.7
Insecticides 19.5 14.5 18.0 28.7 28.0 5.7 8.9 7.0 7.1 6.8 4.2 7.7 9.3 5.6 ‫א‬
Cotton textiles 24.8 21.9 62.5 119.9 167.3 25.4 26.5 27.3 40.7 36.9 39.4 46.5 44.5 59.9
Undistributed Imports 1911.6 2518.0 2832.5 4228.8 2417.4 910.4 1240.2 1234.6 843.6 652.2 656.8 502.3 606.1 819.6 ‫א‬ ‫א א א‬
* According to the Harmonized System ( Degree of Use ). .( ‫א‬ ‫א‬ ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ *
** Provisional. . **
*** Including imports of free zones, and commodity grants and loans. . ‫א‬ ‫א‬ ‫ א‬، ‫א‬ ‫א א א‬ ***
x Including gas, and bunker and jet fuel. . ‫א‬ ‫א‬ ‫א‬ ، ‫א‬ x
- 82- - 81-
24 - Exports by Geographical Distribution ‫ اﻟﺼﺎدرات ﺣﺴﺐ اﻟﺘﻮزﻳﻊ اﻟﺠﻐﺮاﻓﻰ‬-٢٤
(US$ mn) ( )
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008* 2008/2009*
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Total Exports ** 10452.5 13833.4 18455.1 22017.5 29355.8 5410.8 5255.2 5232.5 6119.0 5989.8 7113.3 7734.7 8518.0 8162.9 ** ‫א‬ ‫א‬
EU 3534.8 5144.1 6948.0 7440.6 9808.2 1912.0 1872.5 1721.5 1934.6 1957.6 2296.4 2558.6 2995.6 2774.4 ‫א‬ ‫א‬
Other European countries 513.8 752.9 964.5 1048.6 1343.3 273.1 231.5 246.4 297.6 328.8 337.0 282.9 394.6 248.6 ‫א‬ ‫א‬ ‫א‬
Russian Federation & C.I.S. 65.5 57.6 68.7 151.9 158.5 21.3 36.4 42.4 51.8 53.1 28.3 37.3 39.8 37.6 ‫א‬ ‫א‬ ‫א‬
USA 3701.5 4625.1 5644.3 6849.8 9279.2 1544.3 1564.5 1598.6 2142.4 1755.8 2424.5 2250.0 2848.9 2312.3 ‫א‬ ‫א‬ ‫א‬
Arab countries 1273.3 1557.7 2125.2 2729.6 3155.9 735.1 706.9 634.5 653.1 920.0 702.2 688.9 844.8 998.6 ‫א‬ ‫א‬
Asian countries (excluding Arab countries) 1077.0 1379.7 2094.0 2969.0 4364.3 726.0 626.2 837.6 779.2 764.2 1130.8 1460.8 1008.5 1230.2 ( ‫א‬ ) ‫א‬ ‫א‬
African countries (excluding Arab countries) 215.8 182.4 251.3 328.1 786.2 59.9 80.1 98.6 89.5 82.9 93.9 384.5 224.9 279.3 ( ‫א‬ ) ‫א‬ ‫א‬
Australia 20.0 11.7 16.9 64.0 21.2 9.9 6.7 8.3 39.1 5.8 3.7 6.9 4.8 8.4 ‫א א‬
Other countries and regions 50.8 122.2 342.2 435.9 439.0 129.2 130.4 44.6 131.7 121.6 96.5 64.8 156.1 273.5
* Provisional. . *
** Including exports of free zones . . ‫א‬ ‫א א‬ **
25 - Imports by Geographical Distribution ‫ اﻟﻮاردات ﺣﺴﺐ اﻟﺘﻮزﻳﻊ اﻟﺠﻐﺮاﻓﻰ‬-٢٥

(US$ mn) ( )
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008* 2008/2009*
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Total Imports** 18286.3 24192.8 30441.0 38308.1 52771.2 8562.7 8873.4 9211.1 11660.9 11190.7 13181.3 13255.6 15143.6 15162.9 ** ‫א א א‬
EU 5922.7 7849.0 11289.4 13005.5 18007.4 3033.6 3212.4 3475.8 3283.7 3581.4 4574.3 4863.9 4987.8 5479.6 ‫א‬ ‫א‬
Other European countries 1497.1 1972.7 2340.1 3205.6 4121.8 725.6 734.7 554.0 1191.3 879.2 1000.3 994.4 1247.9 1489.0 ‫א‬ ‫א‬ ‫א‬
Russian Federation & C.I.S. 222.1 548.2 744.8 685.2 1723.4 194.2 143.3 180.3 167.4 260.3 397.4 442.1 623.6 480.9 ‫א‬ ‫א‬ ‫א‬
USA 4302.6 5220.2 5737.1 8262.3 9829.9 1772.5 1960.2 2043.6 2486.0 2234.1 2702.6 2286.7 2606.5 2240.8 ‫א‬ ‫א‬ ‫א‬
Arab countries 1284.0 2133.6 2735.7 3244.4 5473.9 740.9 768.4 858.9 876.2 900.8 1482.4 1436.3 1654.4 1657.5 ‫א‬ ‫א‬
Asian countries (excluding Arab countries) 2642.5 3603.6 4444.8 6027.6 9870.2 1366.4 1436.4 1505.1 1719.7 2362.5 2185.3 2392.3 2930.1 3022.4 ( ‫א‬ ) ‫א‬ ‫א‬
African countries (excluding Arab countries) 150.4 148.0 176.5 269.2 417.5 72.8 75.9 30.8 89.7 74.4 97.7 103.3 142.1 113.2 ( ‫א‬ ) ‫א‬ ‫א‬
Australia 350.5 127.2 277.1 107.8 183.2 21.0 41.8 17.9 27.1 31.3 55.1 34.8 62.0 62.2 ‫א א‬
Other countries and regions 1914.4 2590.3 2695.5 3500.5 3143.9 635.7 500.3 544.7 1819.8 866.7 686.2 701.8 889.2 617.3
* Provisional . . *
** Including imports of free zones . . ‫א‬ ‫א א א‬ **
- 84 - - 83 -
28 - Main Exports by Commodity & Geographical Distribution ‫ اﻟﺘﻮزﻳﻊ اﻟﺴﻠﻌﻲ واﻟﺠﻐﺮاﻓﻲ ﻷهﻢ اﻟﺼﺎدرات‬-٢٨
(US$ mn) ( )
* *
July / September 2007/2008 July / September 2008/2009
During Other Other
Arab Asian Total Arab Asian Total
EU Euro. USA Other EU Euro. USA Other
Countries Countries Value Countries Countries Value
Coun. Coun.
Total Exports: 1957.6 328.8 1755.8 920.0 764.2 263.4 5989.8 2774.4 248.6 2312.3 998.6 1230.2 598.8 8162.9 : ‫א‬ ‫א‬
Main Commodities: 1474.9 157.4 899.0 372.9 669.4 134.1 3707.7 2218.7 134.7 1185.7 529.7 1061.4 511.1 5641.3 : ‫א‬
Petroleum products** 664.6 14.4 149.9 97.3 423.1 52.4 1401.7 719.0 6.7 126.6 185.1 753.4 324.6 2115.4 **
Crude petroleum 426.2 0.0 275.3 19.0 188.1 55.6 964.2 983.8 0.0 203.6 16.8 217.4 134.4 1556.0
Electric machines & appliances, recorders & T.V
36.5 2.3 82.4 26.2 8.9 3.4 159.7 86.7 3.9 103.1 91.5 3.8 8.4 297.4 ‫א‬
sets and their accessories
Fertilizers 21.8 11.3 46.3 0.5 12.4 2.4 94.7 32.8 31.7 200.9 0.2 3.2 10.1 278.9
Cement 18.8 3.2 55.5 79.4 0.5 3.6 161.0 25.4 0.3 230.2 18.3 0.3 0.1 274.6
Cast iron & semi-finished products & rolled iron 51.5 53.6 38.1 22.4 1.0 0.3 166.9 87.1 9.9 87.6 32.4 0.6 2.0 219.6
Miscellaneous edible preparations 24.7 8.9 55.7 41.3 3.1 8.3 142.0 20.1 3.7 72.4 58.2 5.9 7.0 167.3 ‫א‬ ‫א‬
Organic & inorganic chemicals, and carbon 26.9 9.1 24.0 17.3 6.8 3.3 87.4 30.5 5.8 48.0 36.3 30.3 10.3 161.2
Cotton textiles 32.8 10.4 23.2 1.4 8.9 1.0 77.7 81.2 9.0 45.6 9.8 12.1 1.9 159.6
* Provisional. . *
** Including natural gas, and excluding bunker and jet fuel. . ‫א‬ ‫א‬ ‫א‬ ، ‫א‬ ‫א‬ **
29 - Main Imports by Commodity & Geographical Distribution ‫ اﻟﺘﻮزﻳﻊ اﻟﺴﻠﻌﻲ واﻟﺠﻐﺮاﻓﻲ ﻷهﻢ اﻟﻮاردات‬-٢٩
(US$ mn) ( )
* *
July / September 2007/2008 July / September 2008/2009
During Other Other
Arab Asian Total Arab Asian Total
EU Euro. USA Other EU Euro. USA Other
Countries Countries Value Countries Countries Value
Coun. Coun.
Total Imports: 3581.4 879.2 2234.1 1657.5 2362.5 476.0 11190.7 5479.6 1489.0 2240.8 900.8 3022.4 2030.3 15162.9 : ‫א א א‬
Main Commodities: 1562.8 386.3 1021.0 549.4 746.6 1067.6 5333.7 2399.3 876.5 1230.4 838.0 1180.4 708.5 7233.1 : ‫א‬
Petroleum products** 236.8 42.3 229.7 103.7 1.7 447.8 1062.0 526.2 255.5 305.5 232.2 100.8 32.0 1452.2 **
Crude petroleum 198.7 7.7 188.9 124.0 0.9 226.5 746.7 288.5 26.9 237.3 198.0 7.4 57.5 815.6
Organic & inorganic chemicals 236.6 50.7 70.9 38.8 77.2 20.5 494.7 265.3 45.8 227.7 70.0 95.5 35.0 739.3
Animal & vegetable fats, greases & oils & prod. 66.6 33.4 11.2 2.4 81.6 19.1 214.3 194.1 71.9 17.8 1.2 177.7 43.8 506.5 ‫א‬
Spare parts and accessories for cars 86.1 18.1 18.3 13.0 183.7 14.3 333.5 84.0 24.0 10.3 12.9 252.2 7.2 390.6 ‫א‬ ‫א א‬ ‫א‬
Plastic & articles thereof 77.8 10.3 34.0 76.5 92.1 3.3 294.0 110.9 24.1 21.5 88.4 100.5 3.0 348.4 ‫א‬
Wheat 39.3 29.5 182.3 9.8 0.5 86.1 347.5 20.9 85.6 86.0 0.0 27.6 112.3 332.4
Cars 24.3 4.3 12.0 37.0 129.6 9.8 217.0 56.9 1.1 46.6 40.1 133.6 14.2 292.5 ‫א‬ ‫א‬
Wood & articles thereof 97.5 31.4 10.8 2.9 30.7 38.7 212.0 140.5 35.6 10.4 4.8 32.0 13.1 236.4
Electric appliances for tel. and telegraph 101.2 7.0 23.5 4.8 16.7 1.5 154.7 129.3 2.2 14.0 30.2 39.0 13.6 228.3 ‫א‬ ‫א‬
Cranes and bulldozers & parts thereof 66.5 4.0 103.7 1.1 15.0 0.5 190.8 87.3 6.6 46.6 7.5 68.0 9.2 225.2 ‫א‬ ‫אא‬ ‫א‬
* Provisional. . *
** Including gas, and bunker and jet fuel. . ‫א‬ ‫א‬ ‫א‬ ، ‫א‬ **
- 88 - - 87 -
30- Main Merchandise Balances ‫א‬ ‫א א‬ −٣٠
(US$ mn) ( )
2006/2007 2007/2008 2008/2009*
During July / September July / September July / September

‫א א‬ ‫א א א‬ ‫א‬/ ‫א‬ ‫א א‬ ‫א א א‬ ‫א‬/ ‫א‬ ‫א א‬ ‫א א א‬ ‫א‬/ ‫א‬
Exports Imports Surplus / Deficit Exports Imports Surplus / Deficit Exports Imports Surplus / Deficit
Oil merchandise balance 2512.5 1396.4 1116.1 2522.9 1808.7 714.2 4109.4 2267.8 1841.6 ‫א א א‬
Crude oil 901.8 573.9 327.9 964.2 746.7 217.5 1556.0 815.6 740.4
Oil products 803.1 777.5 25.6 855.6 1016.1 (160.5) 1144.3 1168.7 (24.4)
Bunker and jet fuel 231.0 45.0 186.0 157.0 45.9 111.1 438.0 165.5 272.5 ‫א‬
Natural gas 576.6 0.0 576.6 546.1 0.0 546.1 971.1 118.0 853.1
Foodstuff merchandise balance, of which : 107.4 553.2 (445.8) 183.9 745.4 (561.5) 197.7 1116.4 (918.7) : ، ‫א א א‬ ‫א א א‬
Meat and preparations thereof 1.2 127.1 (125.9) 0.7 140.7 (140.0) 9.9 135.5 (125.6) ‫א‬
Fish and preparations thereof 3.2 34.3 (31.1) 2.2 36.7 (34.5) 1.5 71.5 (70.0) ‫א‬ ‫א‬
Dairy products and eggs 10.0 25.7 (15.7) 11.3 53.8 (42.5) 43.5 92.5 (49.0) ‫א‬
Fruits 10.0 5.5 4.5 29.3 12.3 17.0 12.5 12.8 (0.3) ‫א‬ ‫א‬
Tea 1.8 19.3 (17.5) 0.0 41.5 (41.5) 1.7 40.9 (39.2)
Animal and vegetable fats, greases & oils and products 15.0 167.8 (152.8) 5.8 214.2 (208.4) 31.6 506.4 (474.8) ‫א‬
Raw sugar and its products 10.5 80.3 (69.8) 11.4 87.4 (76.0) 33.0 99.1 (66.1)
Tobacco 12.6 52.1 (39.5) 14.9 71.6 (56.7) 14.2 87.9 (73.7)
Cereals merchandise balance, of which : 69.7 420.0 (350.3) 118.4 634.8 (516.4) 53.6 648.8 (595.2) : ، ‫א א א‬
Wheat 0.3 288.5 (288.2) 32.8 347.4 (314.6) 0.0 332.3 (332.3)
Maize 9.7 104.1 (94.4) 0.0 174.0 (174.0) 0.1 203.1 (203.0)
Rice 21.1 0.4 20.7 50.8 3.0 47.8 14.4 1.1 13.3 ‫א‬
Oil seeds & oleaginous fruits, and plants for manufacturing 29.4 14.7 14.7 16.7 71.7 (55.0) 12.9 71.0 (58.1) ‫א‬
Merchandise balance of cotton & its products & other textiles, of which: 265.8 257.4 8.4 307.7 378.6 (70.9) 422.1 463.7 (41.6) : ، ‫א‬ ‫א א א‬ ‫א‬ ‫א א א‬
Cotton 25.7 36.1 (10.4) 35.1 22.5 12.6 36.0 49.9 (13.9)
Cotton yarn 21.5 44.2 (22.7) 25.2 39.7 (14.5) 19.2 61.0 (41.8) ‫א‬
Cotton textiles 55.2 25.5 29.7 77.6 36.8 40.8 159.5 59.8 99.7
Ready-made clothes 113.9 74.3 39.6 115.8 184.4 (68.6) 135.3 154.7 (19.4)
Synthetic fibers 3.6 69.2 (65.6) 4.0 72.4 (68.4) 34.7 121.4 (86.7) ‫א‬ ‫א‬
Carpets and other floor coverings 33.6 2.7 30.9 27.8 13.4 14.4 25.1 7.2 17.9 ‫א‬ ‫א‬
Chemicals merchandise balance, of which : 288.3 552.7 (264.4) 428.9 918.1 (489.2) 660.4 1368.3 (707.9) : ، ‫א‬ ‫א‬ ‫א א א‬
Organic & inorganic chemicals, and carbon 56.6 228.2 (171.6) 97.4 494.1 (396.7) 184.8 746.7 (561.9)
Pharmaceuticals 48.7 178.4 (129.7) 179.1 297.1 (118.0) 106.0 368.2 (262.2)
Fertilizers 149.7 13.2 136.5 94.8 11.8 83.0 279.0 49.1 229.9
Merchandise balance of machinery, appliances, electric equipment & parts : ، ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א א א‬
96.8 472.0 (375.2) 189.7 800.6 (610.9) 254.0 1194.4 (940.4)
thereof, of which :
Motors, generators, transformers & parts thereof 3.5 8.0 (4.5) 4.1 88.4 (84.3) 4.2 68.2 (64.0) ‫א א‬ ‫א‬
Household electric-motor appliances 0.6 56.2 (55.6) 21.6 74.0 (52.4) 49.0 87.5 (38.5) ‫א‬ ‫א‬ ‫א‬ ‫א‬
Air conditioners 12.9 26.1 (13.2) 31.9 43.1 (11.2) 38.6 69.0 (30.4) ‫א‬ ‫א‬
Household refrigerators & electric freezers 3.6 23.2 (19.6) 3.3 25.5 (22.2) 4.8 39.8 (35.0) ‫א‬ ‫א‬
TV & sending & receiving equipment for telephones & radios 0.7 16.3 (15.6) 24.7 67.0 (42.3) 14.1 115.0 (100.9) ‫אא א‬ ‫אא‬ ‫א‬ ‫א‬ ‫א‬
Computer hardware and software 21.2 55.0 (33.8) 26.0 166.1 (140.1) 47.0 176.8 (129.8) ‫א‬ ‫א‬
Merchandise balance of base metals & products, of which : 728.5 783.6 (55.1) 634.0 1278.2 (644.2) 673.8 1915.4 (1241.6) : ، ‫א‬ ‫א א א‬
Iron ore, steel & articles thereof 498.6 526.3 (27.7) 327.9 809.2 (481.3) 406.2 1503.0 (1096.8)
Aluminum ore and its articles 99.4 107.3 (7.9) 110.7 113.5 (2.8) 121.1 126.2 (5.1) ‫א‬
Copper ore and its articles 1.4 25.5 (24.1) 29.2 211.7 (182.5) 41.8 120.1 (78.3)
Merchandise balance of vehicles, cars and other means of transportation, of : ، ‫א‬ ‫א‬ ‫א‬ ‫א א א‬
35.9 431.5 (395.6) 256.3 884.4 (628.1) 286.1 1038.2 (752.1)
which :
Cranes and bulldozers and parts thereof 10.2 34.7 (24.5) 162.4 178.6 (16.2) 223.9 224.4 (0.5) ‫א א‬ ‫אא‬ ‫א‬
Cars and vehicles for transport of passengers & goods 2.9 123.9 (121.0) 57.8 235.3 (177.5) 19.6 319.4 (299.8) ‫א‬ ‫א‬ ‫א‬
Car accessories, batteries and spare parts 22.2 219.2 (197.0) 29.7 357.8 (328.1) 38.4 402.1 (363.7) ‫א‬ ‫א‬ ‫א‬ ‫א א‬
* Provisional . . *
- 90 - - 89 -
31 - Services Balances ‫א‬ ‫ א א‬− ٣١
(US$ mn) ( )
‫اﻟﺴﻨﻮات اﻟﻤﺎﻟﻴـﺔ‬ 2006/2007 2006/2007 2007/2008* 2008/2009*

During Fiscal Years ‫א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א א‬
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008* Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Transportation Balance 3087.0 3357.2 3732.2 5098.4 5939.6 1242.2 1262.9 1326.3 1272.3 1545.7 1426.6 1695.0 1667.9 ‫א א‬
Receipts 3755.2 4259.6 4947.1 6371.3 7559.7 1545.4 1600.7 1695.9 1716.2 1936.3 1785.8 2121.4 2230.1
Payments 668.2 902.4 1214.9 1272.9 1620.1 303.2 337.8 369.6 443.9 390.6 359.2 426.4 562.2
Travel Balance 4160.0 4991.5 5615.0 6265.4 7931.2 1323.3 1471.9 1473.6 2238.4 1844.8 1980.5 1867.5 2489.7 ‫א א‬
Receipts 5475.1 6429.8 7234.6 8183.0 10826.5 1836.2 1897.6 1996.6 2848.4 2732.0 2643.1 2603.0 3281.0
Payments 1315.1 1438.3 1619.6 1917.6 2895.3 512.9 425.7 523.0 610.0 887.2 662.6 735.5 791.3
Investment Income Balance (206.7) (253.8) 530.7 1177.0 1359.7 376.9 440.8 314.3 267.2 454.2 281.1 357.2 233.4 ‫א‬ ‫א‬
Receipts 485.1 910.6 2001.8 3044.7 3289.4 764.7 797.6 836.2 807.1 868.1 781.9 832.3 734.0
Payments 691.8 1164.4 1471.1 1867.7 1929.7 387.8 356.8 521.9 539.9 413.9 500.8 475.1 500.6
Government Services Balance (309.9) (499.4) (961.7) (942.4) (1125.5) (319.9) (94.9) (303.4) (276.5) (296.1) (262.6) (290.3) (311.9) ‫א‬ ‫א‬ ‫א א‬
Receipts 179.4 157.2 358.2 253.5 188.3 16.8 199.7 6.6 40.7 36.8 59.8 51.0 55.5
Payments 489.3 656.6 1319.9 1195.9 1313.8 336.7 294.6 310.0 317.2 332.9 322.4 341.3 367.4
Other Services Balance 587.4 246.7 (725.5) (100.1) 861.1 (155.0) (28.1) 111.6 (480.9) 178.0 623.4 540.6 (19.1) ‫א‬ ‫א‬ ‫א א‬
Receipts 3086.2 3272.4 2896.2 2603.0 5347.1 515.0 574.8 902.8 630.9 1176.7 1791.4 1748.1 1109.5
Payments 2498.8 3025.7 3621.7 2703.1 4486.0 670.0 602.9 791.2 1111.8 998.7 1168.0 1207.5 1128.6
* Provisional. . *
31/1 -Traffic in the Suez Canal ‫א‬ ‫א‬ − ١/٣١
‫اﻟﺴﻨﻮات اﻟﻤﺎﻟﻴـﺔ‬ 2008 2008

During Fiscal Years
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008 April May June July Aug. Sept. Oct. Nov.
Oil Tankers ‫א‬
Number 2929 3430 3689 3536 3513 298 305 288 305 361 328 393 373 ‫א‬
Net Tonnage (in millions of tons) 124.5 148.2 155.4 157.7 142.0 11.5 11.6 11.1 12.7 14.4 12.8 14.4 13.2 ( ) ‫א‬ ‫א‬
Other Vessels
‫א‬
Number 13245 13904 14787 15883 17567 1414 1535 1531 1549 1632 1544 1537 1397 ‫א‬
Total ‫א‬
Number 16174 17334 18476 19419 21080 1712 1840 1819 1854 1993 1872 1930 1770 ‫א‬
Source : Suez Canal Authority. . ‫א‬ : ‫א‬
- 92 - - 91 -
32- Remittances of Egyptians Working Abroad by Country ‫א‬ ‫א‬ ‫א‬ − ٣٢
(US$ mn) ( )
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008* 2008/2009*

During Fiscal Years ‫א א‬ ‫א א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א א‬
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008* Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Saudi Arabia 639.6 725.5 775.8 859.4 959.4 189.8 197.4 274.5 231.3 200.8 254.4 272.9 211.6 ‫א‬
Kuwait 205.6 589.2 922.8 1106.0 1797.1 247.3 269.8 347.1 475.5 419.9 416.2 485.5 447.2 ‫א‬
United Arab Emirates 278.8 371.6 729.0 989.6 1392.9 245.1 269.8 285.5 271.8 343.2 326.6 451.3 279.4 ‫א‬ ‫א א‬ ‫א‬
Qatar 46.2 63.8 109.0 102.1 131.0 28.8 24.5 32.8 25.9 18.4 34.8 51.9 41.5
Bahrain 7.1 10.5 47.0 21.9 77.6 4.0 5.5 5.4 7.4 30.1 23.7 16.4 7.4 ‫א‬
Oman 15.5 18.4 24.9 17.7 31.6 3.6 3.1 6.8 8.1 4.6 7.1 11.8 11.4
Libya 2.7 2.1 3.5 5.5 33.2 0.3 0.4 4.6 6.0 8.5 6.8 11.9 8.5
Lebanon 14.6 20.6 27.6 24.6 18.0 3.1 5.0 5.8 9.3 2.7 3.2 2.8 6.4
The United States of America 1111.1 1619.6 1516.3 2080.3 2762.9 502.4 572.9 598.3 644.2 740.1 642.3 736.3 624.5 ‫א‬ ‫א‬ ‫א‬
France 63.4 68.7 49.8 53.5 61.1 9.5 11.0 9.3 13.2 12.5 13.8 21.6 18.4
Germany 131.1 230.5 198.4 209.6 229.3 50.0 41.8 59.5 53.4 66.3 52.9 56.7 56.8
Italy 64.3 74.9 54.0 42.0 71.1 9.2 9.6 11.4 15.1 18.0 16.8 21.2 21.3
The Netherlands 36.6 25.9 19.3 32.5 17.7 3.9 3.6 4.0 3.9 5.2 4.7 3.9 6.6 ‫א‬
United Kingdom 122.8 169.4 147.4 235.5 267.5 47.5 57.0 80.3 53.7 62.3 75.0 76.5 82.0 ‫א‬
Greece 8.4 11.6 13.8 14.1 16.7 4.2 2.7 3.5 2.8 3.5 4.8 5.6 5.6 ‫א‬
Spain 6.3 12.4 15.2 10.4 8.4 1.2 1.8 6.8 2.7 1.9 1.7 2.1 2.2
Switzerland 91.5 102.7 143.1 261.0 255.5 42.6 100.9 92.0 40.0 70.1 65.0 80.4 51.1 ‫א‬
Japan 3.8 19.8 17.1 3.0 4.1 1.1 0.7 0.7 0.8 0.9 1.6 0.8 0.8 ‫א‬
Canada 8.7 12.9 11.4 13.2 28.7 2.8 2.2 6.7 8.5 5.0 4.8 10.4 6.5 ‫א‬
Other Countries 141.5 179.4 208.8 239.1 395.4 60.7 49.1 90.6 100.9 112.7 108.6 73.2 61.5
Grand Total 2999.6 4329.5 5034.2 6321.0 8559.2 1457.1 1628.8 1925.6 1974.5 2126.7 2064.8 2393.2 1950.7 ‫א‬ ‫א‬
* Provisional. . *
- 94 - - 93 -
33 - Net Foreign Direct Investment (FDI) in Egypt by Country ‫א‬ ‫א א‬ ‫א‬ − ٣٣
(US$ mn) ( )
‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008* 2008/2009*
During Fiscal Years ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008* Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Net Foreign Direct Investment 407.2 3901.8 6111.4 11053.2 13236.5 4007.5 1800.7 2007.9 2969.1 4800.4 3482.2 1984.8 1655.0 ‫א‬ ‫א א‬ ‫א‬
Inflows 435.0 4134.5 9097.9 13084.3 17802.2 4552.2 2127.5 2637.0 3659.8 5572.5 5282.7 3287.2 2943.1 ‫א‬
USA 229.4 2040.1 4553.5 4681.3 6434.9 880.3 1373.2 1626.6 1633.9 2066.7 1418.3 1316.0 1276.6 ‫א‬ ‫א‬ ‫א‬
EU 42.5 812.9 2954.3 4061.0 5114.1 2300.8 516.7 583.1 1114.8 1351.9 2011.2 636.2 994.3 ‫א‬ ‫א‬
Germany 10.9 42.0 113.6 97.2 197.3 27.4 32.8 22.3 53.7 127.0 4.6 12.0 40.6
France 0.3 338.8 565.7 36.7 1249.9 4.4 14.4 2.5 86.2 225.2 808.8 129.7 41.9
UK 16.9 50.1 1724.7 2209.6 3041.1 636.3 428.6 528.3 949.4 887.8 948.3 255.6 361.4 ‫א‬ ‫א‬
Italy 0.2 15.6 20.2 1631.4 30.9 1622.6 2.9 3.1 2.6 4.0 17.2 7.1 2.0
Greece 0.1 25.6 140.2 22.2 108.5 0.3 6.0 13.8 11.1 53.3 26.9 17.2 23.5 ‫א‬
Spain 0.0 5.2 361.4 6.7 20.8 3.0 3.1 0.1 0.0 0.0 5.5 15.3 0.5
The Netherlands 2.2 218.9 8.4 39.6 48.9 5.0 17.9 11.3 9.6 1.8 22.1 15.4 22.0 ‫א‬
Portugal 0.0 116.5 0.0 0.0 0.4 0.0 0.0 0.0 0.1 0.3 0.0 0.0 0.0 ‫א‬
Bulgaria 0.1 0.1 0.0 0.0 0.0 0.0
Belgium 4.4 0.0 0.0 8.7 326.3 0.2 8.2 0.0 0.0 0.0 166.3 160.0 457.7
Luxembourg 7.5 0.0 0.0 1.0 63.3 0.0 0.0 0.0 0.2 50.6 0.0 12.5 23.6
Denmark 0.0 0.2 1.4 2.5 9.2 0.5 0.1 0.7 0.0 0.1 5.4 3.7 1.1 ‫א א‬
Sweden 0.0 0.0 0.4 0.5 4.3 0.1 0.1 0.3 1.0 1.6 0.1 1.6 0.0 ‫א‬
Austria 0.0 0.0 1.5 1.7 0.3 1.0 0.5 0.2 0.0 0.1 0.0 0.2 10.2 ‫א‬
Cyprus 0.0 0.0 6.3 2.8 9.8 0.0 2.0 0.2 0.7 0.0 5.7 3.4 1.7
Romania 0.0 0.0 10.5 0.1 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Latvia 0.0 0.0 0.0 0.3 0.2 0.0 0.0 0.3 0.1 0.1 0.0 0.0 0.5
Ireland 0.0 0.0 0.0 0.0 0.6 0.0 0.0 0.0 0.0 0.0 0.3 0.3 1.3 ‫א‬
Poland 0.0 0.0 0.0 0.0 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.6 5.9 ‫א‬
Czech Republic 0.0 0.0 0.0 0.0 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.0 ‫א‬
Malta 0.0 0.0 0.0 0.0 1.3 0.0 0.0 0.0 0.0 0.0 0.0 1.3 0.0
Estonia 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3
Hungary 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 ‫א‬
Arab Countries 152.2 213.6 554.5 3351.4 3059.0 831.3 205.2 256.4 125.1 1287.9 660.2 985.8 277.0 ‫א‬ ‫א‬
Saudi Arabia 4.0 32.4 99.0 204.0 217.7 121.7 15.2 32.0 36.5 37.6 42.4 101.2 137.5 ‫א‬
United Arab Emirates 3.3 40.6 63.0 3049.5 718.1 685.2 181.6 168.9 63.3 107.0 413.2 134.6 51.2 ‫א‬ ‫א א‬ ‫א‬
Tunisia 0.0 0.0 0.0 0.6 1.3 0.0 0.6 0.0 1.3 0.0 0.0 0.0 0.2
Kuwait 17.6 17.2 72.5 24.8 1587.8 8.3 0.5 12.8 13.8 1034.7 104.6 434.7 47.9 ‫א‬
Qatar 1.4 2.0 6.4 2.5 184.7 2.0 0.0 0.1 1.3 0.5 3.1 179.8 2.8
Libya 0.0 0.1 3.8 20.6 137.2 0.2 0.8 18.3 1.2 0.1 55.1 80.8 1.3
Jordan 0.9 0.9 9.0 3.5 39.0 1.6 0.5 0.3 1.8 1.5 1.3 34.4 2.9 ‫א‬
Bahrain 13.9 29.5 65.6 18.6 34.7 1.5 0.1 16.1 2.7 2.6 24.5 4.9 5.8 ‫א‬
Lebanon 15.0 20.8 233.6 11.4 118.2 6.1 3.8 0.9 0.3 102.6 10.2 5.1 15.0
Oman 96.1 70.1 0.0 1.2 4.9 0.0 0.0 1.2 0.3 0.0 0.3 4.3 0.8
Yemen 0.0 0.0 0.0 2.8 6.3 0.3 0.0 2.5 0.0 0.3 2.9 3.1 8.2 ‫א‬
Sudan 0.0 0.0 0.0 1.5 1.7 0.2 0.0 1.2 0.1 0.2 0.1 1.3 0.6 ‫א‬ ‫א‬
Others 0.0 0.0 1.6 10.4 7.4 4.2 2.1 2.1 2.5 0.8 2.5 1.6 2.8
Other Countries 10.9 1067.9 1035.6 990.6 3194.2 539.8 32.4 170.9 786.0 866.0 1193.0 349.2 395.2 ‫א‬ ‫א‬
Singapore 0.0 19.0 2.7 0.2 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 ‫א‬
Switzerland 5.3 40.3 78.3 49.4 235.8 24.6 17.4 4.4 32.1 67.3 67.0 69.4 48.2 ‫א‬
Japan 0.5 60.4 4.2 0.6 15.4 0.0 0.6 0.0 0.1 2.3 2.0 11.0 25.4 ‫א‬
Canada 0.7 10.3 0.8 4.8 37.5 4.6 0.0 0.0 0.2 1.6 5.4 30.3 1.0 ‫א‬
China 0.0 0.0 0.8 8.4 17.5 0.0 0.2 0.1 0.7 11.3 0.6 4.9 16.6 ‫א‬
Taiwan 0.0 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ‫א‬
Turkey 0.0 0.2 0.8 8.6 14.3 1.6 4.2 2.5 5.9 4.4 2.6 1.4 2.0
Bermuda 0.0 0.0 0.0 3.0 7.1 0.0 3.0 0.0 0.4 2.7 1.8 2.2 0.0 ‫א‬
India 0.0 9.0 0.0 4.1 3.3 0.0 0.0 3.9 0.1 0.0 2.8 0.4 9.4 ‫א‬
Korea 0.0 6.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Australia 0.0 11.6 6.3 9.3 4.7 7.5 0.0 1.7 0.1 0.3 0.9 3.4 1.7 ‫א‬
Norway 0.0 1.0 2.4 0.2 2.1 0.1 0.1 0.0 0.0 0.2 1.2 0.7 0.2 ‫א‬
Others 4.4 908.8 939.3 902.0 2856.5 501.3 6.8 158.3 746.4 775.9 1108.7 225.5 290.7
Outflows -27.8 -232.7 -2986.5 -2031.1 -4565.7 -544.7 -326.8 -629.1 -690.7 -772.1 -1800.5 -1302.4 -1288.1
* Provisional. . *
- 96 - - 95 -
34 - External Debt ‫ اﻟﺪﻳﻦ اﻟﺨﺎرﺟﻰ‬- ٣٤
(US$ mn) (‫)ﺑﺎﻟﻤﻠﻴﻮن دوﻻر‬
2006/2007 2006/2007 2007/2008* 2008/2009

June
‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬
End of
2004 2005 2006 2007 2008 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Total External Debt ** 29871.8 28948.8 29592.6 29898.0 33892.8 28957.7 28743.5 29898.0 31923.9 32840.2 34516.2 33892.8 32481.4 ** ‫א‬ ‫א‬
+
Rescheduled bilateral debt
+
16384.8 15734.1 15229.0 14846.5 15606.4 15152.2 14896.5 14846.5 15068.8 15299.6 15768.3 15606.4 14385.8 ‫א‬ ‫א‬ ‫א‬
ODA 8052.6 7836.4 7610.6 7396.5 7787.8 7554.1 7475.7 7396.5 7524.4 7637.9 7919.5 7787.8 7410.1 ‫א‬
Non-ODA 8332.2 7897.7 7618.4 7450.0 7818.6 7598.1 7420.8 7450.0 7544.4 7661.7 7848.8 7818.6 6975.7 ‫א‬
Other bilateral debt 4432.8 4291.3 4295.5 4346.0 4972.1 4337.8 4399.8 4346.0 4492.1 4607.7 4992.3 4972.1 4719.8 : ‫א‬ ‫א‬ ‫א‬
Paris Club countries 3263.4 3529.9 3590.4 3630.1 4130.4 3640.6 3685.3 3630.1 3754.2 3833.5 4184.7 4130.4 3890.6
Other countries 1169.4 761.4 705.1 715.9 841.7 697.2 714.5 715.9 737.9 774.2 807.6 841.7 829.2 ‫א‬ ‫א‬
International & regional organizations 5080.8 5058.2 5205.0 6815.2 7361.5 5245.3 5504.9 6815.2 7084.2 7244.9 7466.5 7361.5 7270.7 ‫א‬ ‫א‬ ‫א‬
Suppliers' & buyers' credit 1333.0 781.6 979.5 791.6 763.5 843.9 782.7 791.6 794.8 783.5 802.0 763.5 750.9 ‫א‬ ‫א‬
Egyptian bonds and notes 587.7 613.6 1861.9 1570.3 2651.8 1575.8 1569.1 1570.3 2633.2 2646.0 2642.7 2651.8 2620.6 ‫א‬
++
Long-term deposits
++
0.0 500.0 300.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ‫א‬ ‫א‬
Short-term debt 1967.5 1854.8 1633.0 1449.5 2519.3 1719.1 1511.5 1449.5 1776.9 2235.0 2825.9 2519.3 2650.7 ‫א‬ ‫א‬
Deposits 1267.5 819.3 633.1 536.0 1048.3 610.4 480.6 536.0 636.6 1008.5 883.6 1048.3 983.5 ‫א א‬
Other facilities 700.0 1035.5 999.9 913.5 1471.0 1108.7 1030.9 913.5 1140.3 1226.5 1942.3 1471.0 1667.2
Private sector debt (non-guaranteed) 85.2 115.2 88.7 78.9 18.2 83.6 79.0 78.9 73.9 23.5 18.5 18.2 82.9 ( ‫א‬ ) ‫א‬ ‫א‬
Total Debt Service (during the period) 2525.5 2701.8 3040.7 2936.4 2861.3 643.1 802.9 336.8 812.1 446.9 911.4 690.9 947.4 ( ‫א‬ ) ‫א‬
#
Interest (paid)
#
610.2 578.1 591.0 641.2 742.8 92.7 226.9 91.4 255.4 94.3 300.1 93.0 282.9 ‫א‬ ‫א א‬
Principal (repaid) 1915.3 2123.7 2449.7 2295.2 2118.5 550.4 576.0 245.4 556.7 352.6 611.3 597.9 664.5 ‫א‬ ‫א‬
Indicators (%) (٪) ‫א‬ ‫א‬
External Debt /GDP
##
38.1 31.1 27.6 22.8 20.1 22.2 22.0 22.8 20.2 20.2 21.0 20.1 16.1
##
‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Short-term External Debt / Total External Debt 6.6 6.4 5.5 4.8 7.4 5.9 5.3 4.8 5.6 6.8 8.2 7.4 8.1 ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Debt Service /Exports G&S - - - - - 6.5 7.8 2.9 6.7 3.2 6.1 4.4 6.1 ‫א‬ ‫א‬/ ‫א א‬ ‫א‬ ‫א‬
Debt Service /Exports G&S (Annually) 10.8 9.4 8.5 6.9 5.1 8.3 7.5 6.9 5.9 5.0 4.8 5.1 5.0 ( ) ‫א‬ ‫א‬/ ‫א א‬ ‫א‬ ‫א‬
Debt Service /Current Receipts - - - - - 5.6 6.5 2.5 5.8 2.8 5.4 3.7 5.4 ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Debt Service /Current Receipts (Annually) 9.2 7.9 7.3 5.9 4.3 7.1 6.5 5.9 5.0 4.3 4.1 4.3 4.3 ( ) ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Interest Payments /Exports G&S - - - - - 0.9 2.2 0.8 2.1 0.7 2.0 0.6 1.8 ‫א‬ ‫א א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Interest Payments /Exports G&S (Annually) 2.6 2.0 1.6 1.5 1.3 1.6 1.6 1.5 1.5 1.4 1.4 1.3 1.3 ( ) ‫א‬ ‫א א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Interest Payments /Current Receipts - - - - - 0.8 1.8 0.7 1.8 0.6 1.8 0.5 1.6 ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Interest Payments /Current Receipts (Annually) 2.2 1.7 1.4 1.3 1.1 1.4 1.4 1.3 1.3 1.2 1.2 1.1 1.1 ( ) ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
External Debt per capita (US$) 423.4 402.6 401.7 398.5 450.0 386.0 383.1 398.5 425.5 437.8 460.1 450.0 431.2 ( ) ‫א א‬ ‫א‬
* Provisional . . *
** The difference from World Bank data is in short-term debt. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ **
+ According to the agreement signed with Paris Club countries on 25/5/1991. .١٩٩١/٥/٢٥ ‫א‬ ‫א‬ +
++ As of December 2004, the deposit of the Arab International Bank was converted from a short-term debt to a long-term deposit. . ٢٠٠٤ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ++
# Including interest payments on Egyptian bonds and notes floated abroad. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ #
# # Government's external debt is calculated in LE at the end of the period. . ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ##
- 98 - - 97 -
35 - External Debt by Debtor ‫ اﻟﺪﻳﻦ اﻟﺨﺎرﺟﻰ ﺣﺴﺐ اﻟﻘﻄﺎع اﻟﻤﺪﻳﻦ‬- ٣٥
(US$ mn) ( )
+
2006/2007 2006/2007 2007/2008 2008/2009*
June
End of ‫א א‬ ‫א א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א א‬
+ #
2004 2005 2006 2007 2008 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Total External Debt * 29871.8 28948.8 29592.6 29898.0 33892.8 28957.7 28743.5 29898.0 31923.9 32840.2 34516.2 33892.8 32481.4 * ‫א‬ ‫א‬
Medium- and Long-Term 27904.3 27094.0 27959.6 28448.5 31373.5 27238.6 27232.0 28448.5 30147.0 30605.2 31690.3 31373.5 29830.7 ‫א‬ ‫א‬
Short-Term 1967.5 1854.8 1633.0 1449.5 2519.3 1719.1 1511.5 1449.5 1776.9 2235.0 2825.9 2519.3 2650.7 ‫א‬ ‫א‬
Central and Local Government 18964.5 18231.0 18864.5 19492.0 21641.1 18626.6 18455.6 19492.0 20873.6 21251.1 21834.1 21641.1 25964.4 ‫א‬ ‫א א‬ ‫א‬ ‫א‬
Bonds & Notes 587.7 613.6 1861.9 1570.3 2651.8 1575.8 1569.1 1570.3 2633.2 2646.0 2642.7 2651.8 2620.6 ‫א‬ ‫א‬ ‫א‬
Loans 18376.8 17617.4 17002.6 17921.7 18989.3 17050.8 16886.5 17921.7 18240.4 18605.1 19191.4 18989.3 23343.8 ‫א‬
Monetary Authority 987.0 983.0 664.3 315.7 290.0 342.5 344.7 315.7 324.7 310.6 303.0 290.0 261.6 ‫א‬ ‫א‬
Loans 337.0 333.0 364.3 315.7 290.0 342.5 344.7 315.7 324.7 310.6 303.0 290.0 261.6 ‫א‬
Currency and Deposits** 0.0 500.0 300.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ** ‫א א‬ ‫א‬
Short-Term (Currency and Deposits) 650.0 150.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ( ‫א‬ ) ‫א‬ ‫א‬
Banks 2353.3 2010.5 2119.6 1954.0 2541.8 2013.8 1802.8 1954.0 2146.8 2588.3 3002.7 2541.8 2210.8 ‫א‬
Medium- and Long-Term (Loans) 1035.8 1063.9 1358.9 1329.1 1361.7 1267.7 1243.8 1329.1 1399.8 1358.4 1388.8 1361.7 1058.8 ( ) ‫א‬ ‫א‬
Short-Term (of which) 1317.5 946.6 760.7 624.9 1180.1 746.1 559.0 624.9 747.0 1229.9 1613.9 1180.1 1152.0 ( ) ‫א‬ ‫א‬
Loans 87.7 31.5 9.0 24.0 36.5 9.0 24.6 24.0 30.0 30.0 45.5 36.5 45.0 ‫א‬
Currency and Deposits 617.5 669.3 633.1 536.0 1048.3 610.4 480.6 536.0 636.6 1008.5 883.6 1048.3 983.5 ‫א א‬ ‫א‬
Other Sectors 7567.0 7724.3 7944.2 8136.3 9419.9 7974.8 8140.4 8136.3 8578.8 8690.2 9376.4 9419.9 4044.6 ‫א‬ ‫א‬
Medium- and Long-Term (Loans) 7567.0 6966.1 7071.9 7311.7 8080.7 7001.8 7187.9 7311.7 7548.9 7685.1 8164.4 8080.7 2545.9 ( ) ‫א‬ ‫א‬
Short-Term (Trade Credit) 758.2 872.3 824.6 1339.2 973.0 952.5 824.6 1029.9 1005.1 1212.0 1339.2 1498.7 ( ) ‫א‬ ‫א‬
Indicators (%) (٪) ‫א‬ ‫א‬
Medium- & Long-Term External Debt / Total External Debt 93.4 93.6 94.5 95.2 92.6 94.1 94.7 95.2 94.4 93.2 91.8 92.6 91.9 ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Short-term External Debt / Total External Debt 6.6 6.4 5.5 4.8 7.4 5.9 5.3 4.8 5.6 6.8 8.2 7.4 8.1 ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Short-term External Debt / Net International Reserves 13.3 9.6 7.1 5.1 7.3 6.6 5.7 5.1 5.9 7.1 8.4 7.3 7.6 ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
Government External Debt / Total External Debt 63.5 63.0 63.7 65.2 63.9 64.3 64.2 65.2 65.4 64.7 63.3 63.9 78.2 ‫א‬ ‫א‬ / ‫א‬ ‫א‬ ‫א‬
***
Government External Debt / GDP*** 21.0 19.6 17.6 14.9 12.9 14.3 14.1 14.9 13.2 13.1 13.3 12.9 11.6 ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
+ Provisional . . +
* The difference from World Bank data is in short-term debt . . ‫א‬ ‫א‬ ‫א‬ ‫א‬ *
** As of December 2004, the deposit of the Arab International Bank was converted from a short -term debt to a long-term deposit. ٠ ٢٠٠٤ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ **
*** Government's external debt is calculated in LE at the end of the period. ٠ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ***
# As of September 2008, a reclassification for central & local government sector and other sectors has been done. .٢٠٠٨ " ‫א‬ " " ‫א‬ ‫א‬ ‫א‬ " ‫א‬ #
- 100 - - 99 -
‫اﻟﺼﺎدرات اﻟﺴﻠﻌﻴﺔ ﺣﺴﺐ درﺟﺔ اﻟﺘﺼﻨﻴﻊ‬ ‫اﻟﺼﺎدرات ﺣﺴﺐ اﻟﺘﻮزﻳﻊ اﻟﺠﻐﺮاﻓﻲ‬
‫ﻣﻠﻴﻮن دوﻻر‬ ‫‪Merchandise Exports by Degree of Processing‬‬ ‫ﻣﻠﻴﻮن دوﻻر‬ ‫‪Exports by Geographical Distribution‬‬
‫)‪(US$ mn‬‬ ‫)‪(US$ mn‬‬
‫‪9000.0‬‬ ‫‪9000.0‬‬
‫‪8000.0‬‬ ‫‪8000.0‬‬
‫‪7000.0‬‬ ‫‪7000.0‬‬
‫‪6000.0‬‬ ‫‪6000.0‬‬
‫‪5000.0‬‬ ‫‪5000.0‬‬
‫‪4000.0‬‬ ‫‪4000.0‬‬
‫‪3000.0‬‬ ‫‪3000.0‬‬
‫‪2000.0‬‬ ‫‪2000.0‬‬
‫‪1000.0‬‬ ‫‪1000.0‬‬
‫‪0.0‬‬ ‫‪0.0‬‬
‫‪Q1‬‬ ‫‪Q2‬‬ ‫‪Q3‬‬ ‫‪Q4‬‬ ‫‪Q1‬‬ ‫‪Q2‬‬ ‫‪Q3‬‬ ‫‪Q4‬‬ ‫‪Q1‬‬
‫‪Q1‬‬ ‫‪Q2‬‬ ‫‪Q3‬‬ ‫‪Q4‬‬ ‫‪Q1‬‬ ‫‪Q2‬‬ ‫‪Q3‬‬ ‫‪Q4‬‬ ‫‪Q1‬‬
‫‪2006/2007‬‬ ‫‪2007/2008‬‬ ‫‪2008/2009‬‬
‫‪2006/2007‬‬ ‫‪2007/2008‬‬ ‫‪2008/2009‬‬ ‫اﻹﺗﺤﺎد اﻻوروﺑﻰ ‪EU‬‬ ‫اﻟﺪول اﻻوروﺑﻴﺔ اﻷﺧﺮى ‪Other Euro. Coun.‬‬
‫روﺳﻴﺎ اﻹﺗﺤﺎدﻳﺔ ودول اﻟﻜﻮﻣﻨﻮﻟﺚ اﻟﻤﺴﺘﻘﻠﺔ ‪Russian Fed. & C.I.S.‬‬ ‫اﻟﻮﻻﻳﺎت اﻟﻤﺘﺤﺪة اﻷﻣﺮﻳﻜﻴﺔ ‪USA‬‬
‫وﻗﻮد وزﻳﻮت ﻣﻌﺪﻧﻴﺔ وﻣﻨﺘﺠﺎﺗﻬﺎ ‪Fuel, Mineral oils & Products‬‬ ‫اﻟﻘﻄــﻦ اﻟﺨـﺎم ‪Cotton‬‬ ‫اﻟﺪول اﻟﻌﺮﺑﻴﺔ ‪Arab Coun.‬‬ ‫اﻟﺪول اﻵﺳﻴﻮﻳﺔ )ﻏﻴﺮ اﻟﻌﺮﺑﻴﺔ( )‪Asian Coun. (Non Arab‬‬
‫اﻟﻤـﻮاد اﻟﺨـﺎم ‪Raw Materials‬‬ ‫اﻟﺴــﻠﻊ ﻧﺼﻒ اﻟﻤﺼﻨﻌﺔ ‪Semi-finished Goods‬‬ ‫اﻟﺪول اﻷﻓﺮﻳﻘﻴﺔ )ﻏﻴﺮ اﻟﻌﺮﺑﻴﺔ( )‪Afr. Coun. (Non Arab‬‬ ‫اﺳﺘﺮاﻟﻴﺎ ‪Australia‬‬
‫اﻟﺴــﻠﻊ ﺗﺎﻣـــﺔ اﻟﺼﻨﻊ ‪Finished Goods‬‬ ‫اﻟﺼﺎدرات ﻏﻴﺮ اﻟﻤﻮزﻋﺔ ‪Undistributed Exports‬‬ ‫دول وﻣﻨﺎﻃﻖ أﺧﺮى ‪Other Coun. & Regions‬‬
‫اﻟﻮاردات اﻟﺴﻠﻌﻴﺔ ﺣﺴﺐ درﺟﺔ اﻹﺳﺘﺨﺪام‬ ‫اﻟﻮاردات ﺣﺴﺐ اﻟﺘﻮزﻳﻊ اﻟﺠﻐﺮاﻓﻲ‬

‫ﻣﻠﻴﻮن دوﻻر‬
‫)‪(US$ mn‬‬ ‫‪Merchandise Imports by Degree of Use‬‬ ‫ﻣﻠﻴﻮن دوﻻر‬ ‫‪Imports by Geographical Distribution‬‬
‫‪16000.0‬‬ ‫)‪(US$ mn‬‬
‫‪15000.0‬‬ ‫‪16000.0‬‬
‫‪14000.0‬‬ ‫‪15000.0‬‬
‫‪13000.0‬‬ ‫‪14000.0‬‬
‫‪12000.0‬‬ ‫‪13000.0‬‬
‫‪11000.0‬‬ ‫‪12000.0‬‬
‫‪10000.0‬‬ ‫‪11000.0‬‬
‫‪9000.0‬‬ ‫‪10000.0‬‬
‫‪9000.0‬‬
‫‪8000.0‬‬ ‫‪8000.0‬‬
‫‪7000.0‬‬ ‫‪7000.0‬‬
‫‪6000.0‬‬ ‫‪6000.0‬‬
‫‪5000.0‬‬ ‫‪5000.0‬‬
‫‪4000.0‬‬ ‫‪4000.0‬‬
‫‪3000.0‬‬ ‫‪3000.0‬‬
‫‪2000.0‬‬ ‫‪2000.0‬‬
‫‪1000.0‬‬ ‫‪1000.0‬‬
‫‪0.0‬‬ ‫‪0.0‬‬
‫‪Q1‬‬ ‫‪Q2‬‬ ‫‪Q3‬‬ ‫‪Q4‬‬ ‫‪Q1‬‬ ‫‪Q2‬‬ ‫‪Q3‬‬ ‫‪Q4‬‬ ‫‪Q1‬‬ ‫‪Q1‬‬ ‫‪Q2‬‬ ‫‪Q3‬‬ ‫‪Q4‬‬ ‫‪Q1‬‬ ‫‪Q2‬‬ ‫‪Q3‬‬ ‫‪Q4‬‬ ‫‪Q1‬‬
‫‪2006/2007‬‬ ‫‪2007/2008‬‬ ‫‪2008/2009‬‬
‫‪2006/2007‬‬ ‫‪2007/2008‬‬ ‫‪2008/2009‬‬
‫اﻹﺗﺤﺎد اﻻوروﺑﻰ ‪EU‬‬ ‫اﻟﺪول اﻻوروﺑﻴﺔ اﻷﺧﺮى ‪Other Euro. coun.‬‬
‫وﻗﻮد وزﻳﻮت ﻣﻌﺪﻧﻴﺔ وﻣﻨﺘﺠﺎﺗﻬﺎ ‪Fuel, Mineral oils & Products‬‬ ‫اﻟﻤـﻮاد اﻟﺨـﺎم ‪Raw Materials‬‬ ‫روﺳﻴﺎ اﻹﺗﺤﺎدﻳﺔ ودول اﻟﻜﻮﻣﻨﻮﻟﺚ اﻟﻤﺴﺘﻘﻠﺔ ‪Russian Fed. & C.I.S.‬‬ ‫اﻟﻮﻻﻳﺎت اﻟﻤﺘﺤﺪة اﻷﻣﺮﻳﻜﻴﺔ ‪USA‬‬
‫اﻟﺴﻠﻊ اﻟﻮﺳﻴﻄﺔ ‪Intermediate Goods‬‬ ‫اﻟﺴﻠﻊ اﻻﺳﺘﺜﻤﺎرﻳﺔ ‪Investment Goods‬‬ ‫اﻟﺪول اﻟﻌﺮﺑﻴﺔ ‪Arab coun.‬‬ ‫اﻟﺪول اﻵﺳﻴﻮﻳﺔ ‪Asian coun.‬‬
‫اﻟﺪول اﻷﻓﺮﻳﻘﻴﺔ ‪Afr. coun.‬‬ ‫اﺳﺘﺮاﻟﻴﺎ ‪Australia‬‬
‫اﻟﺴﻠﻊ اﻻﺳﺘﻬﻼآﻴﺔ ‪Consumer Goods‬‬ ‫اﻟﻮاردات ﻏﻴﺮ اﻟﻤﻮزﻋﺔ ‪Undistributed Imports‬‬
‫دول وﻣﻨﺎﻃﻖ أﺧﺮى ‪Other coun. & regions‬‬
‫‪- 102 -‬‬ ‫‪- 101 -‬‬

‫دوﻻر دوﻻر‬
‫ﻣﻠﻴﺎر ﻣﻠﻴﺎر‬ ‫اﻟﺒﻨﻮد اﻟﺮﺋﻴﺴﻴﺔ ﻟﻤﻴﺰان اﻟﻤﺪﻓﻮﻋﺎت‬
(US$(US$
bn) bn) BOP Main Components ‫ﻣﻠﻴﻮن دوﻻر‬ ‫اﻟﻤﺪﻳﻮﻧﻴﺔ اﻟﺨﺎرﺟﻴﺔ‬
16 US$ mn
35000
External Debt
14
12 32500
10 30000
8 27500
6 25000
4
22500
2
0 20000
-2 17500
-4 15000
-6 12500
-8
-10 10000
-12 7500
-14 5000
-16 2500
-18 0
-20
-22 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
-24 2006/2007 2007/2008 2008/2009
Trade Balance Services Balance Transfers (Net) Capital & Financial A/C Overall Balance
Rescheduled bilateral debt ‫اﻟﻘﺮوض اﻟﺜﻨﺎﺋﻴﺔ اﻟﻤﻌﺎد ﺟﺪوﻟﺘﻬﺎ‬ Other bilateral debt ‫اﻟﻘﺮوض اﻟﺜﻨﺎﺋﻴﺔ اﻻﺧﺮى‬
2003/2004 2004/2005 2005/2006 2006/2007 2007 /2008 International & regional organizations ‫اﻟﻤﺆﺳﺴﺎت اﻟﺪوﻟﻴﺔ و اﻻﻗﻠﻴﻤﻴﺔ‬ Buyers’ & suppliers’ credit ‫ﺗﺴﻬﻴﻼت اﻟﻤﺸﺘﺮﻳﻦ واﻟﻤﻮردﻳﻦ‬
Egyptian bonds & notes ‫ﺳﻨﺪات وﺻﻜﻮك ﻣﺼﺮﻳﺔ‬ Short- term debt ‫دﻳﻮن ﻗﺼﻴﺮة اﻷﺟﻞ‬
Private sector debt (non guaranteed) (‫دﻳﻮن اﻟﻘﻄﺎع اﻟﺨﺎص )ﻏﻴﺮ اﻟﻤﻀﻤﻮﻧﺔ‬ Long-term deposits ‫وداﺋﻊ ﻃﻮﻳﻠﺔ اﻻﺟﻞ‬
‫اﻟﻤﻴﺰان اﻟﺘﺠﺎرى واﻟﺠﺎري‬

Trade & Current Account Balances ‫א‬ ‫א‬ ‫א‬ ‫א‬
‫ﻣﻠﻴﺎر دوﻻر‬ ‫ﻣﻠﻴﻮن دوﻻر‬
(US$ bn) US$ mn External Debt by Debtor
16
15 Imports ‫اﻟﻮاردات اﻟﺴﻠﻌﻴﺔ‬
14 35000
13 32500
12
11 30000
10 Exports ‫اﻟﺼﺎدرات اﻟﺴﻠﻌﻴﺔ‬ 27500
9
25000
8
7 22500
6 20000
5
4 Current account ‫اﻟﻤﻴﺰان اﻟﺠﺎرى‬ 17500
3 15000
2 12500
1
0 10000
-1 7500
-2
-3 Trade balance ‫اﻟﻤﻴﺰان اﻟﺘﺠﺎرى‬ 5000
-4 2500
-5 0
-6
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
-7
-8 2006/2007 2007/2008 2008/2009
-9
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Central and Local Government ‫اﻟﺤﻜﻮﻣﺔ اﻟﻤﺮآﺰﻳﺔ ووﺣﺪات اﻟﺤﻜﻢ اﻟﻤﺤﻠﻰ‬ Monetary Authority ‫اﻟﺴﻠﻄﺔ اﻟﻨﻘﺪﻳﺔ‬
2006/2007 2007/2008 2008/2009 Banks ‫اﻟﺒﻨﻮك‬ Other Sectors ‫اﻟﻘﻄﺎﻋﺎت اﻷﺧﺮى‬
- 104- - 103 -
‫א‬
Fiscal Sector
36 - Consolidated Fiscal Operations of the General Government ( Contd. )* * ‫א‬ ‫א‬ ‫א‬ ‫א‬ -٣٦
(The Budget Sector, NIB and SIFs) ( ‫א‬ ‫א‬ ‫א‬ ‫א‬ ، ‫א‬ ‫א א‬ )
( LE mn ) ( )
2008/2009
Actual 2003/2004 Actual 2004/2005 Actual 2005/2006 Actual 2006/2007 Actual 2007/2008
July / Sept.
‫א‬
The Budget The Budget The Budget The Budget The Budget The Budget
The The The The The The
Sector, Sector, Sector, Sector, Sector, Sector,
Description Budget Budget Budget Budget Budget Budget
NIB & NIB & NIB & NIB & NIB & NIB &
Sector Sector Sector Sector Sector Sector
SIFs SIFs SIFs SIFs SIFs SIFs
Total Expenditures 145988 153366 161611 170790 207811 223625 222029 244018 282290 305795 65130 66748 ‫א‬
Compensations of Employees 37266 37630 41546 42012 46719 47258 52153 52746 62839 63531 18218 18384 ‫א‬ ‫א‬
Salaries and wages 29584 29898 32673 33080 37676 38150 42399 42935 51172 51809 15555 15707 ‫א‬ ‫א‬
Social contributions 4141 4191 4560 4619 5094 5157 5518 5570 6165 6214 1915 1928 ‫א א א‬
Other 3541 3541 4313 4313 3949 3951 4236 4241 5502 5508 748 749
Purchases of Goods and Services 9340 9409 12613 12714 14428 14493 17028 17121 18470 18790 3159 3185 ‫א‬ ‫א א‬
Goods 4620 4631 7417 7429 5773 5786 6539 6552 7272 7287 1358 1360 ‫א‬
Services 4330 4371 4874 4920 6030 6077 6984 7039 7625 7698 1575 1586 ‫א‬
Other 390 407 322 365 2625 2630 3505 3530 3573 3805 226 239
Interests 30704 27517 32780 29805 36815 34812 47700 38368 50528 40956 12123 9683 ‫א א‬
Foreign interests 2961 2961 3002 3002 2823 2823 3033 3033 3737 3737 1528 1528
Domestic interests 27743 24556 29778 26803 33992 31989 44667 35335 46791 37219 10595 8155
To NIB & SIFs 10495 0 10000 0 8752 0 17324 0 18899 9327 4502 2062 ‫א‬ ‫א‬ ‫א‬ ‫א‬
To others 17248 24556 19778 26803 25240 31989 27343 35335 27892 27892 6093 6093
Subsidies, Grants and Social Benefits 24747 34839 29705 41223 68897 86056 58442 88684 92371 124249 20169 23700 ‫א א א‬ ‫א‬ ‫א‬
Subsidies 10348 10348 13765 13765 54245 54245 53959 53959 84205 84205 10763 10763 ‫א‬
To GASC 8189 8189 11203 11203 9407 9407 9406 9406 16445 16445 9981 9981 ‫א‬ ‫א‬
To Petroleum 0 0 0 0 41778 41778 40130 40130 60249 60249 0 0 ‫א‬
To others 2159 2159 2562 2562 3060 3060 4423 4423 7511 7511 782 782
Grants 1527 1527 1846 1846 2174 2174 2599 2599 3890 3890 1359 1359 ‫א‬
Social Benefits 12867 22959 14092 25610 12336 29495 1612 31854 4050 35928 7961 11492 ‫א א‬
Contribution to SIFs 12002 0 13185 0 11000 0 0 0 2600 0 6715 0 ‫א‬ ‫א‬ ‫א‬
Other 865 22959 907 25610 1336 29495 1612 31854 1450 35928 1246 11492
Other 5 5 2 2 142 142 272 272 226 226 86 86

Other Expenditures 21080 21104 21692 21738 19740 19762 21208 21571 23891 23972 5719 6045 ‫א‬ ‫א‬
Defense 14400 14400 14592 14592 15770 15770 17718 17718 19849 19849 5069 5069 ‫א‬
Other 6680 6704 7100 7146 3970 3992 3490 3853 4042 4123 650 976
Purchases of Non-Financial Assets (Investments) 22851 22867 23275 23298 21212 21244 25498 25528 34191 34297 5742 5751 ( ‫א‬ ‫)א‬ ‫א‬
Fixed assets 20368 20384 19930 19953 17608 17640 20928 20958 28186 28292 5334 5334 ‫א‬ ‫א‬
Others 2483 2483 3345 3345 3604 3604 4570 4570 6005 6005 408 417
- 108 - - 107 -
36 - Consolidated Fiscal Operations of the General Government ( Contd. )* * ‫א‬ ‫א‬ ‫א‬ ‫א‬ -٣٦
( LE mn ) ( )
2008/2009
July / Sept.
‫א‬
Description Budget
NIB &
Budget
NIB &
Budget
NIB &
Budget
NIB &
Budget
NIB &
Budget
NIB &
Total Revenues 101881 123964 110864 132926 151266 175929 180215 205654 221404 248835 42690 43955 ‫אא‬ ‫א‬
Total Expenditures 145988 153366 161611 170790 207811 223625 222029 244018 282290 305795 65130 66748 ‫א‬
Cash Deficit 44107 29402 50747 37864 56545 47696 41814 38364 60886 56960 22440 22793 ‫א‬ ‫א‬
Net Acquisition of Financial Assets 1770 10551 896 7404 -6159 8942 12883 17849 236 10603 367 2272 ‫א‬ ‫א‬
Overall Fiscal Balance Finance 45877 39953 51643 45268 50386 56638 54697 56213 61122 67563 22807 25065 ‫א‬ ‫א‬
Financing Sources 45877 39954 51643 45270 50386 56638 54697 56213 61122 67563 22807 25065 ‫א‬
Domestic Financing 45334 36738 63569 53998 54381 64949 33283 35401 527 6604 38582 40070 ‫א‬ ‫א‬
Banking Financing 21002 23479 31395 29462 14802 27826 -20926 -17662 -3187 -4701 36194 36109 ‫א‬ ‫א‬
Central Bank 23506 28488 24764 24434 -11463 -9915 3146 3196 -33394 -35306 19031 19031 ‫א‬ ‫א‬
Other Banks -2504 -5009 6631 5028 26265 37741 -24072 -20858 30207 30605 17163 17078 ‫א‬ ‫א‬
Non- Banking Financing 24332 13259 32174 24536 39579 37123 54209 53063 3714 11305 2388 3961 ‫א‬ ‫א‬
NIB 24274 4797 13433 7121 12599 13764 143 0 2271 0 170 0 ‫א‬ ‫א‬
SIFs -142 0 1985 0 11000 0 6861 0 119 0 208 0 ‫א‬
Other 200 200 16756 16756 15980 15980 28525 28525 7545 7545 2010 2010
NIB Borrowing 0 8262 0 659 0 7379 0 5858 0 9981 0 1951 ‫א‬ ‫א‬ ‫א א‬
Special Accounts for Economic Authorities 0 0 0 0 0 0 18680 18680 -6221 -6221 0 0 ‫א‬ ‫א‬ ‫א‬
Blocked Account Used in Amortizing Part of CBE Bonds 0 0 0 0 0 0 0 0 38970 38970 0 0 ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Foreign Borrowing 503 503 -4243 -4243 3641 3641 3581 3581 11439 11439 -3035 -3035 ‫א א‬ ‫א‬
Arrears -1075 -1075 -2477 -2477 -1777 -1777 -693 -693 -56 -56 0 0 ‫א‬ ‫א‬
Others, of which : 486 3159 1876 5074 -489 -4806 19922 19320 14791 15154 -13066 -12296 : ، ‫א‬
Special Accounts for Budget Entities 0 0 0 0 12952 12952 0 0 0 0 ‫א א א‬ ‫א‬ ‫א‬
Financing Effects for Eliminations 0 0 0 0 0 0 0 0 0 1 0 0 ‫א‬ ‫א‬ ‫א‬

Exchange Rate Revaluation 1486 1486 -3935 -3935 -311 -311 -432 -432 -4276 -4276 0 0 ‫א‬ ‫א‬
Net Privatization Proceeds 15 15 1012 1012 126 126 172 172 673 673 133 133 ‫א‬
Privatization Proceeds 15 15 1012 1012 1351 1351 9962 9962 673 673 133 133 ‫א‬
Treasury Contribution to the Fund 0 0 0 0 1225 1225 9790 9790 0 0 0 0 ‫א‬ ‫א‬ ‫א א‬
Difference between Treasury Bills Face Value & Present Value -266 -266 -3084 -3084 -709 -709 -1168 -1168 -1149 -1149 -4214 -4214 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Discrepancy -606 -606 -1075 -1075 -4476 -4476 32 32 203 203 4407 4407
Cash deficit (surplus) as a percentage of GDP 9.1% 6.1% 9.4% 7.0% 9.2% 7.7% 5.7% 5.2% 6.8% 6.4% 2.0% 2.1% ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Overall fiscal balance as a percentage of GDP 9.5% 8.2% 9.6% 8.4% 8.2% 9.2% 7.5% 7.7% 6.8% 7.5% 2.1% 2.3% ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬ ‫א‬
Revenues as a percentage of GDP 21.0% 25.5% 20.6% 24.7% 24.5% 28.5% 24.6% 28.1% 24.7% 27.8% 3.9% 4.0% ‫א‬ ‫א‬ ‫א‬/ ‫א אא‬
Expenditures as a percentage of GDP 30.1% 31.6% 30.0% 31.7% 33.6% 36.2% 30.4% 33.4% 31.5% 34.1% 5.9% 6.1% ‫א‬ ‫א‬ ‫א‬/ ‫א‬
Source : The Ministry of Finance. . ‫ א א‬: ‫א‬
* A new budget classification was prepared in accordance with the IMF 2001 GFS ( Government Finance Statistics) Manual . ‫א‬ ، ‫א א‬ ‫א‬ ٢٠٠١ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ *
and the latest modifications.
- 110 - - 109 -
36 - Consolidated Fiscal Operations of the General Government * * ‫א‬ ‫א‬ ‫א‬ ‫ א‬-٣٦
(LE mn) ( )
2008/2009
July / Sept.
‫א‬
Description Budget
NIB &
Budget
NIB &
Budget
NIB &
Budget
NIB &
Budget
NIB &
Budget
NIB &
Total Revenues 101881 123964 110864 132926 151266 175929 180215 205654 221404 248835 42690 43955 ‫אא‬ ‫א‬
Tax Revenues 67147 67147 75759 75759 97779 97779 114326 114326 137195 137195 26589 26589 ‫אא א‬ ‫א‬
Taxes on Income, Profits 27280 27280 31571 31571 48268 48268 58535 58535 67059 67059 8065 8065 : ‫א‬ ‫א‬ ‫א‬ ‫א‬
From EGPC 4771 4771 4030 4030 23620 23620 25380 25380 29268 29268 0 0 ‫א‬
From SCA 6514 6514 7343 7343 7321 7321 9144 9144 10268 10268 3240 3240 ‫א‬
From CBE 317 317 212 212 0 0 0 0 0 0 0 0 ‫א‬ ‫א‬
From other units 7518 7518 10671 10671 7946 7946 14291 14291 16028 16028 2387 2387 ‫א‬
Payable by individuals 8160 8160 9315 9315 9381 9381 9720 9720 11495 11495 2438 2438 ‫א א‬
Taxes on Property 785 785 1034 1034 1214 1214 1788 1788 2052 2052 368 368 ‫א‬ ‫א‬ ‫א‬
Taxes on Goods and Services 26551 26551 31430 31430 34699 34699 39436 39436 49747 49747 14182 14182 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Taxes on International Trade 9234 9234 7744 7744 9654 9654 10369 10369 14020 14020 3667 3667 ( ‫)א‬ ‫א‬ ‫א‬ ‫א‬
Other Taxes 3297 3297 3980 3980 3944 3944 4198 4198 4317 4317 307 307 ‫א‬
Grants 5051 5051 2853 2853 2379 2379 3886 3886 1463 1463 2670 2670 ‫א‬
Current 3399 3399 966 966 583 583 2085 2085 436 436 2660 2660
Capital 1652 1652 1887 1887 1796 1796 1801 1801 1027 1027 10 10
Other Revenues 29683 51766 32252 54314 51108 75771 62003 87442 82746 110177 13431 14696 ‫אא‬
Property Income 14824 20252 17758 23611 36373 43393 45111 50593 52455 59308 6008 7219 : ‫א א‬
From EGPC -2652 -2652 154 154 12533 12533 11014 11014 25282 25282 0 0 ‫א‬
From SCA 8288 8288 9651 9651 10487 10487 11931 11931 15098 15098 3860 3860 ‫א‬
From CBE 5807 5807 4999 4999 0 0 0 0 32 32 0 0 ‫א‬ ‫א‬
From economic authorities 352 352 402 402 476 476 581 581 3047 3047 393 393 ‫א‬ ‫א‬
From companies 1112 1212 245 397 866 866 2222 2378 2648 2902 355 424 ‫א‬
Other ( from EGPC & TML** ) 0 0 0 0 6899 6899 16000 16000 3108 3108 0 0 ( ‫א‬ ‫ א‬، ‫א‬ )
Other 1917 7245 2307 8008 5112 12132 3363 8689 3240 9839 1400 2542
Sales of Goods and Services 7755 7755 7197 7197 7891 7891 9776 9776 12038 12044 1598 1598 ‫א‬ ‫א‬
Financing Investment 2569 2569 3146 3146 3705 3705 4376 4376 5765 5765 301 301 ‫א‬ ‫א‬
Other 4535 21190 4151 20360 3139 20782 2740 22697 12488 33060 5524 5578
** TML : third mobile license.
- 106 - - 105 -
37 - Total Domestic Debt ‫ إﺟﻤﺎﻟﻰ اﻟﺪﻳﻦ اﻟﻤﺤﻠﻰ‬- ٣٧
( LE mn ) ( )
‫ﻓﻰ ﻧﻬﺎﻳﺔ ﻳﻮﻧﻴﻮ‬ 2006/2007 2006/2007 2007/2008 2008/2009

End of End of June ‫א א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ ‫א א‬
2002 2003 2004 2005 2006 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Total Domestic Debt* 329800 370619 434846 510805 593493 606996 619468 637197 651013 670643 686474 666144 699820 * ‫א‬ ‫א‬
Net Domestic Debt of Government 221224 252185 292721 349169 387719 453411 468327 478173 491962 502155 511851 478699 512582 ‫א‬ ‫א‬ ‫א‬
Balances of Bonds & Bills 165907 208592 272074 340898 349957 549541 551834 562897 575686 596772 608439 568848 588368 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Notes & Bonds 125900 153274 188300 215991 246813 443184 441177 444240 445029 450815 458982 422409 422928 ‫א‬ ‫א‬ ‫א‬
. Treasury bonds, of which: 113091 137192 171809 200284 231125 229872 227889 230848 231869 237764 246057 208628 208856 : ‫א א א‬ ‫ א‬.
Local currency bonds with public sector banks 0 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 ‫א‬ ‫א‬ ‫א‬ ‫א א א‬
Euro sovereign bonds (US$) offered abroad ** 2511 4612 5647 5122 5109 3855 3872 3868 3925 3820 3863 3750 3978 ** ‫א א‬ ‫א‬ ‫א א א‬
. Government notes to compensate for the actuarial deficit in social
2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬ .
insurance funds
. Housing bonds 136 132 128 124 122 119 119 119 122 117 117 117 120 ‫א א‬ .
. Foreign currency bonds with public sector commercial banks 9406 12610 12938 12070 12014 11910 11886 11886 11651 11547 11416 11126 11404 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א‬.
. The equivalent of the retained 5% of corporate profits to purchase

1267 1340 1425 1513 1552 1558 1558 1588 1588 1588 1593 1636 1646 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א‬٪٥ ‫א‬ .
government bonds
. Bonds of the Insurance Funds (against the transfer of NIB debt to the Treasury) .. .. .. .. .. 197725 197725 197799 197799 197799 197799 198902 198902 ‫א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ .
Treasury Bills 40007 55318 83774 124907 103144 106357 110657 118657 130657 145957 149457 146439 165440 ‫א א א‬
Amounts Paid against Insurance Funds’ Deposits with the Treasury .. .. .. .. .. .. .. 4517 4012 3677 2797 2343 2343 ‫א א א‬ ‫א א‬
Net Government Balances with the Banking System -58469 -80346 -113678 -135480 -104860 -96130 -83507 -89241 -87736 -98294 -100063 -92492 -78129 ‫א‬ ‫א‬ ‫א‬
Facilities 19011 19432 15836 17904 5089 12549 20719 23587 27631 21148 20672 28412 49064 ‫א‬
Deposits (-) 77480 99778 129514 153384 109949 108679 104226 112828 115367 119442 120735 120904 127193 (−) ‫א א‬
Government Borrowing from NIB 113786 123939 134325 143751 142622 .. .. .. .. .. .. .. ‫א‬ ‫א‬ ‫א‬ ‫א‬
Economic Authorities Debt 41141 39195 40064 47176 47387 50228 46255 44557 42387 49241 49889 50123 50727 ‫א‬ ‫א‬ ‫א‬
Net Balances of Economic Authorities with the Banking System -5983 -10899 -13707 -11089 -2809 -1644 -5326 -7177 -10232 -3729 -1854 -1156 -2096 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Facilities 14339 14061 17239 23460 23363 26000 27798 28873 29853 37059 37331 39565 34813 ‫א‬
Deposits (-) 20322 24960 30946 34549 26172 27644 33124 36050 40085 40788 39185 40721 36909 (−) ‫א א‬
Borrowing of Economic Authorities from NIB 47124 50094 53771 58265 50196 51872 51581 51734 52619 52970 51743 51279 52823 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
National Investment Bank ‫א‬ ‫א‬
Resources 228345 253272 290157 316476 351205 155229 156467 166201 169283 172217 176477 188601 189334 ‫א א‬
Social Insurance Fund for Gov. Employees 83779 95886 108991 122913 135735 25009 25009 27428 27435 27435 27435 29076 29076 ‫א‬ ‫א‬
Social Insurance Fund for Pub. & Priv. Business Sectors Employees 70879 78947 87166 96093 105703 18704 18704 20574 20574 20574 20574 22632 22632 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Proceeds from investment certificates 49008 55218 60178 58485 64038 66252 67049 68485 70064 73060 77359 78714 79232 ‫א א‬
Accumulated interest on investment certificates (category A) 7417 6560 6737 6852 7028 7199 7380 7579 7619 7714 7859 7509 7838 ( ) ‫א א‬ ‫א א א א‬
Proceeds from US dollar development bonds 1303 1736 1736 1418 824 492 484 483 441 158 156 152 131 ‫א‬ ‫א א‬
Post office savings 17109 22300 27776 33902 39097 38897 39097 43518 43818 43818 44318 49257 49255 ‫א‬ ‫א‬
Net balances of the NIB with the banking system -2800 -9082 -4393 -4917 -3757 -2445 -2316 -2951 -1852 -1599 -2326 -3881 -3056 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Others*** 1650 1707 1964 1730 2537 1121 1060 1085 1184 1057 1102 5142 4226 ***
Uses 228345 253272 290157 316476 351205 155229 156467 166201 169283 172217 176477 188601 189334 ‫א‬
Government 113786 123939 134325 143751 142622 .. .. .. .. .. .. .. ..
Economic authorities 47124 50094 53771 58265 50196 51872 51581 51734 52619 52970 51743 51279 52823 ‫א‬ ‫א‬
Equity participations, concessional loans, and others 67435 79239 102061 114460 158387 103357 104886 114467 116664 119247 124734 137322 136511 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Indicators ‫א‬
Total Domestic Debt / GDP ( % ) 87.0 88.8 89.6 94.9 96.1 81.5 83.2 85.6 72.6 74.8 76.6 74.3 63.7 (٪) ‫א‬ ‫א‬ ‫א‬/ ‫א‬ ‫א‬
Government debt / GDP ( % ) 58.4 60.4 60.3 64.8 62.8 60.9 62.9 64.2 54.9 56.0 57.1 53.4 46.7 (٪) ‫א‬ ‫א א‬/ ‫א‬ ‫א‬
Economic authorities debt / GDP ( % ) 10.8 9.4 8.3 8.8 7.7 6.7 6.2 6.0 4.7 5.5 5.6 5.6 4.6 (٪) ‫א‬ ‫א א‬/ ‫א‬ ‫א‬ ‫א‬
NIB debt (net ) / GDP ( % ) 17.8 19.0 21.0 21.3 25.6 13.9 14.1 15.4 13.0 13.3 13.9 15.3 12.4 (٪) ‫א‬ ‫א א‬/( ) ‫א‬ ‫א‬
Source: Central Bank of Egypt - Ministry of Finance - National Investment Bank. . ‫א‬ ‫ א‬− ‫ א א‬− ‫א‬ ‫א‬ ‫א‬: ‫א‬
* Representing debt due on the government, economic authorities and net debts due on the NIB (NIB resources minus its ‫א‬ ‫א‬ ‫) א‬ ‫א‬ ‫א‬ ، ‫א‬ ‫ א‬، ‫א‬ ‫א‬ ‫א‬ *
claims on the government and economic authorities). .( ‫א‬ ‫א‬ ‫א‬
** Holdings of resident financial institutions in Egypt ( the banking system and the insurance sector). .( ‫א‬ ‫א‬ ‫)א‬ ‫א‬ ‫א‬ ‫א‬ **
*** Including deposits of the private insurance funds, saving certificates, and loans & deposits of various authorities. . ‫א‬ ‫א א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ***
- 112 - - 111 -
38 - Treasury Bills Outstanding Balances ‫ اﻷرﺻﺪة اﻟﻘﺎﺋﻤﺔ ﻣﻦ اﻷذون ﻋﻠﻰ اﻟﺨﺰاﻧﺔ‬- ٣٨
( LE mn ) ( )
2008 2008
End of June
2003 2004 2005 2006 2007 April May June July August Sept. Oct. Nov.
Total Outstanding Balances 55318 83774 124907 103144 118657 150457 149457 146439 150189 162489 165440 175940 187440 ‫א‬ ‫א‬
91 - day bills 16236 18463 2750 7100 9000 9500 8000 6800 9800 15300 17000 17000 15500 ٩١
182 - day bills 24625 38853 23900 26500 27500 33500 33500 33000 35500 41000 42500 45000 45500 ١٨٢
* *
273 - day bills .. .. .. .. .. .. .. .. .. .. .. 5500 15500 ٢٧٣
364 - day bills 14457 26458 98257 69544 82157 107457 107957 106639 104889 106189 105940 108440 110940 ٣٦٤
* First issue on 14/10/2008. .٢٠٠٨/١٠/١٤ ‫א א‬ *
39 - Treasury Bills Outstanding Balances by Holding Sector ‫ اﻷرﺻﺪة اﻟﻘﺎﺋﻤﺔ ﻣﻦ اﻷذون ﻋﻠﻰ اﻟﺨﺰاﻧﺔ وﻓﻘًﺎ ﻟﻠﻘﻄﺎﻋﺎت اﻟﺤﺎﺋﺰة ﻟﻬﺎ‬- ٣٩
( LE mn ) ( )
2008 2008
End of June
2003 2004 2005 2006 2007 April May June July August Sept. Oct. Nov.
Total Outstanding Balances 55318 83774 124907 103144 118657 150457 149457 146439 150189 162489 165440 175940 187440 ‫א‬ ‫א‬
Securities companies 371 82 25 11 0 0 0 17 17 96 185 311 380 ‫א א א‬ ‫א‬
Holding companies / investment companies 19 70 112 190 111 75 89 71 319 540 710 764 744 ‫א‬/ ‫א‬ ‫א‬
Public sector banks 39817 35968 39237 46584 42747 61259 62478 59429 58397 63756 65752 69117 82428
Private sector banks & foreign branches 14263 17749 31282 36416 31964 38036 38133 38783 44406 49798 52409 61821 65267
National Investment Bank - - - 400 1560 2557 2407 1851 1068 1243 1200 3350 4370 ‫א‬ ‫א‬
Insurance companies (public sector) 90 99 - - 66 ( ) ‫א‬
73 79 81 98 117 125 271 276
Insurance companies (private sector) 63 109 90 172 14 ( ) ‫א‬
Mutual funds 210 201 1094 5105 6399 12262 12026 12442 11890 11678 12788 14106 13948 ‫א‬
Foreign customers 0 0 626 10306 32642 34451 32685 32160 32161 33204 30337 24239 18327
Insurance funds 94 36 75 1898 2511 1214 1009 1016 1121 1175 932 962 645 ‫א‬
Trade sector 4 0 0 0 0 0 0 0 0 0 12 12 12 ‫א‬
Manufacturing sector 21 0 7 39 71 70 63 60 60 112 112 64 13 ‫א‬ ‫א‬
Services sector 89 137 291 251 299 101 99 112 122 144 144 140 141 ‫א‬
Others 61 29235 51965 1658 139 346 378 406 505 585 654 572 631
- 114 - - 113 -
40 - Outstanding Balances of Treasury Bonds* Listed on the Stock Exchange ‫ اﻷرﺻﺪة اﻟﻘﺎﺋﻤﺔ ﻣﻦ اﻟﺴﻨﺪات*ﻋﻠﻰ اﻟﺨﺰاﻧﺔ اﻟﻤﻘﻴﺪة ﺑﺎﻟﺒﻮرﺻﺔ‬- ٤٠
( LE bn ) ( )
٪ ‫א‬ 2008 2008

End of Interest June
Rate % 2003 2004 2005 2006 2007 April May June July August Sept. Oct. Nov.
Total Outstanding Balances 13.0 13.0 27.0 58.0 57.0 73.5 76.5 78.5 78.5 78.5 78.5 76.5 76.5 ‫א‬ ‫א‬
7- year T. Bonds 1/10/2003 11.0 4.0 - - - - - - - - - - - - ٢٠٠٣/١٠/١ ‫א‬ ٧ ‫א א א‬
7- year T. Bonds 2005 1.5 1.5 1.5 - - - - - - - - - - ٢٠٠٥ ‫א‬ ٧ ‫א א א‬
First issue due on 16/8 10.0 0.5 0.5 0.5 - - - - - - - - - - ٨/١٦ ‫א‬ ‫א‬
Second issue due on 16/9 10.0 0.5 0.5 0.5 - - - - - - - - - - ٩/١٦ ‫א‬ ‫א‬
Third issue due on 16/10 10.0 0.5 0.5 0.5 - - - - - - - - - - ١٠/١٦ ‫א‬ ‫א‬
7- year T. Bonds 15/1/2006 10.0 0.5 0.5 0.5 - - - - - - - - - - ٢٠٠٦/١/١٥ ‫ א‬٧ ‫א א א‬
10- year T. Bonds 2009 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 ٢٠٠٩ ‫ א‬١٠ ‫א א א‬
First issue due on 1/3 9.5 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٣/١ ‫א‬ ‫א‬
Second issue due on 16/4 10.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٤/١٦ ‫א‬ ‫א‬
7-year T. Bonds 3/5/2007 11.0 3.0 3.0 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ٢٠٠٧/٥/٣ ‫א‬ ٧ ‫א א א‬
3- year T. Bonds 1/1/2007 8.0 - 4.0 4.0 4.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ٢٠٠٧/١/١ ‫א‬ ٣ ‫א א א‬
Bonds under the Primary Dealers System** ** ‫א‬ ‫א‬ ‫א א‬ ‫א‬
7- year T. Bonds 26/10/2011 11.500 - - 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 ٢٠١١/١٠/٢٦ ‫ א‬٧ ‫א‬ ‫א‬ ‫א‬
10- year T. Bonds 16/11/ 2014 11.625 - - 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 ٢٠١٤/١١/١٦ ‫ א‬١٠ ‫א‬ ‫א‬ ‫א‬
4- year T. Bonds 7/12/ 2008 10.938 - - 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 ٢٠٠٨/١٢/٧ ‫ א‬٤ ‫א‬ ‫א‬ ‫א‬
20- year T. Bonds 18/1/ 2025 11.400 - - 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 ٢٠٢٥/١/١٨ ٢٠ ‫א‬ ‫א‬ ‫א‬
5- year T. Bonds 12/7/2010 9.100 - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٠/٧/١٢ ‫ א‬٥ ‫א‬ ‫א‬ ‫א‬
4- year T. Bonds 2/8/2009 (1)
9.250 - - - 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 (١) ٢٠٠٩/٨/٢ ‫ א‬٤ ‫א‬ ‫א‬ ‫א‬
5- year T. Bonds 16/8/2010 9.350 - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٠/٨/١٦ ‫ א‬٥ ‫א‬ ‫א‬ ‫א‬
7- year T. Bonds 20/9/2012 (2) 9.100 - - - 4.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 (٢) ٢٠١٢/٩/٢٠ ‫ א‬٧ ‫א‬ ‫א‬ ‫א‬
3- year T. Bonds 4/10/2008 9.063 - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 - - ٢٠٠٨/١٠/٤ ‫ א‬٣ ‫א‬ ‫א‬ ‫א‬
5- year T. Bonds 18/10/2010 9.100 - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٠/١٠/١٨ ‫ א‬٥ ‫א‬ ‫א‬ ‫א‬
10- year T. Bonds 15/11/ 2015 (3) 9.300 - - - 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 (٣) ٢٠١٥/١١/١٥ ‫ א‬١٠ ‫א‬ ‫א‬ ‫א‬
4- year T. Bonds 3/1/2010 9.050 - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٠/١/٣ ‫ א‬٤ ‫א‬ ‫א‬ ‫א‬
7- year T. Bonds 24/1/2013 (4)
8.850 - - - 4.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 (٤) ٢٠١٣/١/٢٤ ‫ א‬٧ ‫א‬ ‫א‬ ‫א‬
2- year T. Bonds 14/2/2008 8.500 - - - 2.0 2.0 - - - - - - - - ٢٠٠٨/٢/١٤ ‫א‬ ‫א‬ ‫א‬
5- year T. Bonds 28/2/2011
(5)
8.600 - - - 2.0 2.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 (٥) ٢٠١١/٢/٢٨ ‫ א‬٥ ‫א‬ ‫א‬ ‫א‬
4- year T. Bonds 2/5/2010 8.950 - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٠/٥/٢ ‫ א‬٤ ‫א‬ ‫א‬ ‫א‬
7- year T. Bonds 29/5/2014 9.450 - - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٤/٥/٢٩ ‫ א‬٧ ‫א‬ ‫א‬ ‫א‬
7- year T. Bonds 25/9/2014 8.450 - - - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٤/٩/٢٥ ‫ א‬٧ ‫א‬ ‫א‬ ‫א‬
8- year T. Bonds 23/10/2015 8.600 - - - - - 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٥/١٠/٢٣ ‫ א‬٨ ‫א‬ ‫א‬ ‫א‬
(٦)
6- year T. Bonds 13/11/2013
(6)
8.550 - - - - - 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 ٢٠١٣/١١/١٣ ‫א‬ ٦ ‫א א‬ ‫א‬
8- year T. Bonds 22/1/2016 8.700 - - - - - 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 ٢٠١٦/١/٢٢ ٨‫א‬ ‫א א‬ ‫א‬
10- year T. Bonds 12/2/2018 9.150 - - - - - 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 ٢٠١٨/٢/١٢ ‫ א‬١٠ ‫א א‬ ‫א‬
6- year T. Bonds 19/2/2014 9.200 - - - - - 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 ٢٠١٤/٢/١٩ ‫ א‬٦ ‫א א‬ ‫א‬
7- year T. Bonds 27/5/2015 10.650 - - - - - - 3.0 3.0 3.0 3.0 3.0 3.0 3.0 ٢٠١٥/٥/٢٧ ‫ א‬٧ ‫א א‬ ‫א‬
8- year T. Bonds 10/6/2016 10.950 - - - - - - 3.0 2.0 2.0 2.0 2.0 2.0 2.0 ٢٠١٦/٦/١٠ ‫ א‬٨ ‫א א‬ ‫א‬
* According to Law No (4 ) for 1995. .١٩٩٥ (٤) *
** This system was put into force as of July 2004, in virtue of the Minister of Finance's Decree No. 480 for 2002 and the provisions governing it, ‫א‬ ‫א‬ ‫ א‬، ‫א‬ ‫א‬ ٢٠٠٢ ٤٨٠ ‫א‬ ‫א‬ ،٢٠٠٤ ‫א‬ ‫אא‬ **
issued by the Minister of Finance's Decree No. 723 for 2002, in accordance with the provisions of Article ( 7 ) of Law No. 92 for 2004. . ٢٠٠٤ ٩٢ ‫( ﻣﻦ اﻟﻘﺎﻧﻮن رﻗﻢ‬٧) ‫ وذﻟﻚ ﻓﻰ ﺿﻮء أﺣﻜﺎم اﻟﻤﺎدة‬، ٢٠٠٢ ‫ ﻟﺴﻨﺔ‬٧٢٣ ‫رﻗﻢ‬
(1) Increased by LE 2.0 billion due to their re-opening on 8/11/2005, on the same conditions. .‫ ﺑﺬات اﻟﺸﺮوط‬٢٠٠٥ /١١/٨ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬٢‫ر‬٠ ‫( زادت ﺑﻤﻘﺪار‬١)
(2) Increased by LE 2.0 billion due to their re-opening on 13/12/2005, and by LE 2.0 billion due to their re-opening on 27/3/2007, on the same conditions. .‫ ﺑﺬات اﻟﺸﺮوط‬٢٠٠٧/٣/٢٧ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬٢‫ر‬٠‫ وزادت ﺑﻤﻘﺪار‬، ٢٠٠٥ /١٢/١٣ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬٢‫ر‬٠ ‫( زادت ﺑﻤﻘﺪار‬٢)
(3) Increased by LE 2.0 billion due to their re-opening on 13/3/2006, on the same conditions and by LE 1.0 billion due to their re-opening .‫ ﺑﺬات اﻟﺸﺮوط‬٢٠٠٦/٦/١٣ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬١‫ر‬٠‫ ﺑﺬات اﻟﺸﺮوط وﺑﻤﻘﺪار‬٢٠٠٦ /٣/١٣ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬٢‫ر‬٠ ‫( زادت ﺑﻤﻘﺪار‬٣)
on 13/6/2006, on the same conditions.
(4) Increased by LE 2.0 billion due to their re-opening on 17/4/2006, on the same conditions, and by LE 2.0 billion due to their re-opening .‫ ﺑﺬات اﻟﺸﺮوط‬٢٠٠٧/٤/١٧ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬٢‫ر‬٠‫ وزادت ﺑﻤﻘﺪار‬،٢٠٠٦ /٤/١٧ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬٢‫ر‬٠ ‫( زادت ﺑﻤﻘﺪار‬٤)
on 17/4/2007, on the same conditions.
(5) Increased by LE 2.0 billion due to their re-opening on 11/12/2007, on the same conditions. .‫ ﺑﺬات اﻟﺸﺮوط‬٢٠٠٧ /١٢/١١ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬٢‫ر‬٠ ‫( زادت ﺑﻤﻘﺪار‬٥)
(6) Increased by LE 3.0 billion due to their re-opening on 4/3/2008, on the same conditions. .‫ ﺑﺬات اﻟﺸﺮوط‬٢٠٠٨ /٣/٤ ‫ ﻣﻠﻴﺎر ﺟﻨﻴﻪ ﻹﻋﺎدة اﻟﻔﺘﺢ ﻓﻰ‬٣‫ر‬٠ ‫( زادت ﺑﻤﻘﺪار‬٦)
- 116 - - 115 -
‫ اﻟﻨﺎﺗﺞ اﻟﻤﺤﻠﻰ اﻻﺟﻤﺎﻟﻰ‬/ ‫ﻋﺠﺰ أو ﻓﺎﺋﺾ اﻟﻌﻤﻠﻴﺎت اﻟﻤﺎﻟﻴﺔ اﻟﻤﻮﺣﺪة ﻟﻠﺤﻜﻮﻣﺔ اﻟﻌﺎﻣﺔ‬
iEC·jEA ‫ اﻻرﺻﺪة اﻟﻘﺎﺋﻤﺔ ﻣﻦ اﻷذون ﻋﻠﻰ اﻟﺨﺰاﻧﺔ‬: ‫اﻟﺪﻳﻦ اﻟﻤﺤﻠﻰ اﻟﻤﺴﺘﺤﻖ ﻋﻠﻰ اﻟﺤﻜﻮﻣﺔ‬ Deficit or Surplus of Consolidated Fiscal Operations of the General Government / GDP
%
LEmn Government Domestic Debt :Treasury Bills Outstanding Balances
120000 12.0
‫ﻗﻄﺎع اﻟﻤﻮازﻧﺔ اﻟﻌﺎﻣﺔ‬

‫ ﻳﻮﻣﺎ‬٣٦٤ ‫أذون ﻟﻤﺪة‬
100000 10.0 The Budget Sector
364-Day bills
8.0
80000
،‫ وﺑﻨﻚ اﻻﺳﺘﺜﻤﺎر اﻟﻘﻮﻣﻰ‬، ‫ﻗﻄﺎع اﻟﻤﻮازﻧﺔ اﻟﻌﺎﻣﺔ‬
6.0
‫وﺻﻨﺎدﻳﻖ اﻟﺘﺄﻣﻴﻦ اﻻﺟﺘﻤﺎﻋﻰ‬
60000
‫ ﻳﻮﻣﺎ‬١٨٢ ‫أذون ﻟﻤﺪة‬ The Budget Sector, NIB & SIFs
182-Day bills 4.0
40000
‫ ﻳﻮﻣﺎ‬٩١‫أذون ﻟﻤﺪة‬
2.0
20000 91-Day bills
0.0
0
2004 2005 2006 2007 Jan. Feb. March April May June July August Sept. Oct. Nov. 2003/2004 2004/2005 2005/2006 2006/2007 2007/2008 July / Sept.
2008
End of June 2008/2009
iEC¥KEA ‫اﺟﻤﺎﻟﻰ اﻟﺪﻳﻦ اﻟﻤﺤﻠﻰ‬

٢٠٠٨ ‫ اﻟﺴﻨﺪات اﻟﺤﻜﻮﻣﻴﺔ واﻻذون ﻓﻰ ﻧﻬﺎﻳﺔ ﺳﺒﺘﻤﺒﺮ‬: ‫اﻟﺪﻳﻦ اﻟﻤﺤﻠﻰ اﻟﻤﺴﺘﺤﻖ ﻋﻠﻰ اﻟﺤﻜﻮﻣﺔ‬ LEbn Gross Domestic Debt
Government Domestic Debt : Government Bonds & Bills ( End of Sept. 2008 )
600
%
‫اﻟﺪﻳﻦ اﻟﻤﺤﻠﻰ ﻟﻠﺤﻜﻮﻣﺔ‬

‫ﺳﻨﺪات ﺻﻨﺪوﻗﻰ اﻟﺘﺄﻣﻴﻨﺎت ﻣﻘﺎﺑﻞ ﻧﻘﻞ ﻣﺪﻳﻮﻧﻴﺔ ﺑﻨﻚ اﻹﺳﺘﺜﻤﺎر اﻟﻘﻮﻣﻰ إﻟﻰ‬ 500
‫اﻟﺨﺰاﻧﺔ‬ Government Domestic Debt
Bonds of the insurance funds (against the transfer ‫ وﺳﻨﺪات اﻻﺳﻜﺎن‬، ‫ﺳﻨﺪات ﻋﻠﻰ اﻟﺨﺰاﻧﺔ اﻟﻌﺎﻣﺔ‬
of the NIB debt to the treasury) Treasury & housing bonds 400
33.81
35.51
300
‫ اﻟﻤﺠﻨﺒﺔ ﻣﻦ‬%٥ ‫ﻣﻘﺎﺑﻞ ﻧﺴﺒﺔ ال‬ ‫ﺻﺎﻓﻰ ﻣﺪﻳﻮﻧﻴﺔ ﺑﻨﻚ اﻻﺳﺘﺜﻤﺎر اﻟﻘﻮﻣﻰ‬
‫ارﺑﺎح اﻟﺸﺮآﺎت ﻟﺸﺮاء ﺳﻨﺪات‬
National Investment Bank Debt (Net)
‫ﺣﻜﻮﻣﻴﺔ‬ 200
The equivalent of the
retained 5% of
companies' profits to
0.28 0.33 100
purchase Gov. bonds
1.94 28.12 ‫ﺻﻜﻮك ﻋﻠﻰ اﻟﺨﺰاﻧﺔ اﻟﻌﺎﻣﺔ ﺑﻘﻴﻤﺔ اﻟﻌﺠﺰ اﻻآﺘﻮارى ﻓﻰ‬
‫اﻟﺴﻨﺪات اﻟﺼﺎدرة ﺑﺎﻟﻌﻤﻼت اﻻﺟﻨﺒﻴﺔ ﻟﺪى ﺑﻨﻮك اﻟﻘﻄﺎع اﻟﻌﺎم اﻟﺘﺠﺎرﻳﺔ‬ ‫ﺻﻨﺎدﻳﻖ اﻟﺘﺄﻣﻴﻨﺎت اﻻﺟﺘﻤﺎﻋﻴﺔ‬
Economic Authorities Debt ‫ﻣﺪﻳﻮﻧﻴﺔ اﻟﻬﻴﺌﺎت اﻟﻌﺎﻣﺔ اﻻﻗﺘﺼﺎدﻳﺔ‬
‫اذون ﻋﻠﻰ اﻟﺨﺰاﻧﺔ‬ 0
Foreign currency bonds at commercial public 2004 2005 2006 2007 Q1 Q2 Q3 Q4 Q1
‫اﻟﻌﺎﻣﺔ‬ Treasury notes to compensate for the
sector banks
Treasury bills 2007/2008
actuarial deficit in the Social Insurance Funds End of June 2008/2009
- 118 - - 117 -
‫א‬ ‫א‬
Real Sector
41- Population, Labor Force, Employment, Wages and Unemployment ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ −٤١
(mn) ( ‫) ﺑﺎﻟﻤﻠﻴﻮن‬
(Pre.Estimates)
During 2008
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Total Population of A.R.E. (1st July.) 59.5 60.9 62.1 62.9 64.0 65.3 66.6 67.9 69.2 70.5 71.9 73.6 77.5 .. ( ) ‫א‬
Total Population Abroad 2.6 2.7 2.7 2.2 2.0 2.0 1.9 1.9 1.9 1.9 1.9 2.3 3.9 .. ‫א‬
Total Population in A.R.E. 56.9 58.2 59.4 60.7 62.0 63.3 64.7 66.0 67.3 68.6 70.0 71.3 73.6 .. ‫א‬ ‫א‬
Population less than 6 years 10.4 8.2 8.4 8.5 8.7 8.9 9.0 9.2 9.4 9.5 9.8 10.0 9.4 .. ‫א‬ ٦ ‫א‬
- Males 5.3 4.2 4.3 4.4 4.5 4.6 4.6 4.8 4.8 4.8 5.0 5.1 4.8 .. −
- Females 5.1 4.0 4.1 4.1 4.2 4.3 4.4 4.4 4.6 4.7 4.8 4.9 4.6 .. −
Education age ( 6-24 years) 23.8 25.7 26.3 26.9 27.4 28.0 28.3 28.9 29.5 30.1 30.7 31.3 30.5 .. ( ‫ ﺳﻨﺔ‬٢٤ - ٦) ‫א‬
- Males 12.5 13.4 13.7 14.0 14.2 14.6 14.7 15.0 15.3 15.6 15.9 16.3 15.7 .. −
- Females 11.3 12.3 12.6 12.9 13.2 13.4 13.6 13.9 14.2 14.5 14.8 15.0 14.8 .. −
Production age ( 15-64 years ) 32.5 34.9 35.6 36.3 37.1 37.8 38.2 39.0 39.8 40.6 40.9 42.0 47.5 .. ( ‫ ﺳﻨﺔ‬٦٤-١٥) ‫א‬
- Males 16.5 17.8 18.1 18.4 18.8 19.2 19.4 19.8 20.2 20.6 20.6 21.3 24.2 .. −
- Females 16.0 17.1 17.5 17.9 18.3 18.6 18.8 19.2 19.6 20.0 20.3 20.7 23.3 .. −
65 years and more 1.9 2.0 2.1 2.1 2.1 2.2 2.2 2.3 2.3 2.3 2.4 2.4 2.7 .. ‫ ﺳﻨﺔ ﻓﺄآﺜﺮ‬٦٥ ‫א‬
- Males 1.0 1.0 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.4 .. −
- Females 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.3 .. −
Rate of Births (per thousand) 27.9 28.3 27.5 27.5 27.0 27.4 26.7 26.5 26.2 25.7 25.5 25.8 26.6 .. ) ‫א א‬ ( ‫א‬
Rate of Deaths (per thousand) 6.7 6.5 6.5 6.5 6.4 6.3 6.2 6.4 6.5 6.4 6.4 6.3 6.1 .. ‫א‬ ( ‫א‬ )
Rate of Natural Increase (per thousand) 21.2 21.8 21.0 21.0 20.6 21.1 20.5 20.1 19.7 19.3 19.1 19.5 20.5 .. ( ‫) א‬ ‫א‬ ‫א‬
Total Labor Force (15-64 years ) 17.0 16.9 17.3 17.6 18.2 18.9 19.3 19.9 20.4 20.9 21.8 22.9 23.9 **
24.6 ( ٦٤−١٥) ‫א‬
Total Employment (15-64 years) 15.1 15.3 15.8 16.2 16.8 17.2 17.6 17.9 18.1 18.7 19.3 20.4 21.7 **
22.6 ( ٦٤−١٥) ‫א‬
By Economic Sector ‫א‬ ‫א‬
- Commodity sectors 8.0 8.2 8.1 8.4 8.7 9.0 9.2 9.2 9.1 9.2 9.6 .. .. .. ‫א‬ ‫א‬ −
- Productive & social services sectors 7.0 7.1 7.7 7.9 8.2 8.4 8.6 8.7 9.5 9.5 9.7 .. .. .. ‫א‬ ‫א‬ ‫א‬ −
By Employment Sector ‫وﻓﻘًﺎ ﻟﺠﻬﺎت اﻟﺘﺸﻐﻴﻞ‬
- Government sector 4.0 .. 4.4 4.4 4.5 4.8 4.9 5.0 5.2 5.0 5.0 5.2 5.4 .. −
- Public enterprise sector 1.4 .. 1.3 1.2 1.1 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 .. ‫א‬ −
- Private sector 9.6 .. 10.0 10.5 11.0 11.2 11.4 11.7 11.7 12.6 13.3 14.2 15.1 .. −
Unemployment 1.9 1.6 1.4 1.4 1.5 1.7 1.8 2.0 2.2 2.2 2.5 2.4 2.1 ** 2.1 ‫א‬
Labor Force / Population in A.R.E. % 29.9 29.0 29.1 29.0 29.4 29.9 29.5 29.0 29.4 30.6 30.8 31.8 32.5 .. ٪ ‫א‬ ‫א‬ / ‫א‬
Unemployment Rate % 11.3 9.6 8.4 8.2 8.1 9.0 9.2 10.2 11.0 10.3 11.2 10.6 8.9 ** 8.4 ٪ ‫א‬
Number of students in pre-university education (thousands) 14528 14714 14979 15341 15585 15820 16032 16166 16271 16301 16444 16430 16450 .. ( ) ‫א‬ ‫א‬
Number of students in university education (thousands) 676 872 1035 1207 1351 1354 1391 1495 1553 1615 1704 1759 1767 .. ( ) ‫א‬ ‫א‬
Illiteracy (10 years and more) (%) .. .. 39.4 .. .. .. 33.4 30.6 27.4 27.9 26.3 *29.3 .. .. ٪( ‫א‬ ١٠ ) ‫א‬
Source : Central Agency for Public Mobilization and Statistics ( calendar years ) . .( ‫א‬ ‫א‬ ‫)א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬: ‫א‬
* According to the preliminary results of 2006 census. .٢٠٠٦ ‫א‬ ‫א‬ *
** According to the Labour Force Survey Conducted by the CAPMAS during April / June 2008. . ٢٠٠٨ / ‫א‬ ‫א א‬ ‫א‬ ‫א‬ **
.. Not available. . ..
- 120 - - 119 -
42 - Domestic Price Indicators ‫ ﻣﺆﺷﺮات اﻷﺳﻌﺎر اﻟﻤﺤﻠﻴﺔ‬- ٤٢
‫א א‬ 2007 2008 2008

During Weights
Total Sept. Oct. Nov. Dec. April May June July August Sept. Oct. Nov.
Inflation Rate (CPI urban)* *( ) ‫א‬ ‫א‬
(Jan. 2007=100) : : (١٠٠=٢٠٠٧ )
Monthly (End of Month / End of Previous Month) 2.0 1.0 -0.2 0.4 2.0 2.7 0.6 2.2 2.4 0.3 -0.1 -0.1 ( ‫א‬ ‫א‬ / ‫א‬ ) ‫א‬
Annually (Month / Corresponding Month of Previous Year) 100.0 * 9.3 7.5 6.9 6.9 16.4 19.7 20.2 22.0 23.6 21.5 20.2 20.3 ( ‫א‬ ‫א‬ ‫א‬ ‫א‬/ ‫)א‬ ‫א‬
Food & non-alcoholic beverages 43.9 16.4 9.9 8.5 8.6 22.0 27.0 27.1 29.9 30.9 25.4 25.9 26.4 ( ‫א‬ ) ‫א א‬ ‫א‬
Tobacco 2.5 0.0 0.0 0.0 0.0 0.0 12.1 12.1 12.1 12.1 21.0 21.0 21.0 ‫א‬
Clothing & footwear 7.9 5.9 5.9 5.1 5.1 4.1 4.1 4.1 3.1 13.0 13.0 13.3 13.3 ‫א‬ ‫א‬
Housing, water, electricity, gas & other fuel 13.5 2.0 2.0 2.4 2.4 7.3 7.6 7.6 8.7 9.4 9.4 9.9 9.2 ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Furnishings, household equipment & routine maintenance of the house 4.2 7.8 7.0 6.0 6.0 10.3 10.3 10.3 12.3 16.0 16.0 16.8 17.2 ‫א‬ ‫א א א‬ ‫א‬ ‫א‬ ‫א‬
Health 3.6 1.8 1.8 1.8 1.8 12.1 12.1 12.1 12.1 12.1 12.1 12.1 12.1 ‫א‬ ‫א‬
Transportation 5.2 0.5 0.5 0.5 0.5 5.8 20.1 20.1 21.9 21.5 21.5 22.4 22.6 ‫א א‬ ‫א‬
Communications 3.6 0.0 0.0 0.0 0.0 4.0 4.0 4.0 9.5 9.5 9.5 9.5 9.5 ‫א‬ ‫א‬ ‫א‬
Recreation & culture 3.4 1.0 3.1 3.1 3.1 11.7 11.7 21.7 29.9 31.0 31.0 29.3 29.3 ‫א‬ ‫א‬
Education 4.4 11.1 37.8 37.8 37.8 37.7 37.7 37.7 37.7 37.7 37.7 4.6 4.6 ‫א‬
Restaurants, cafes & hotels 3.6 1.2 2.5 2.5 2.5 46.1 46.1 46.1 44.8 44.8 44.8 50.6 50.6 ‫א‬ ‫א‬
Miscellaneous goods and services 4.2 9.5 3.9 4.0 4.4 10.6 11.1 11.3 11.0 9.8 9.3 7.5 6.7 ‫א‬ ‫א‬ ‫א‬
‫א א‬ 2007 2008 2008

During Weights
Total Sept. Oct. Nov. Dec. April May June July August Sept. Oct. Nov.
Inflation Rate (PPI)** ** ‫א‬ ‫א‬
(2004/2005=100) : :(١٠٠=٢٠ ٠٥/٢٠٠٤)
Monthly ( End of Month / End of Previous Month) 3.3 1.2 1.6 0.2 3.4 4.3 1.0 2.0 -2.9 -2.1 -6.8 -5.5 ( ‫א‬ ‫א‬ / ‫א‬ ) ‫א‬
Annually ( Month / Corresponding Month of Previous Year ) 100.0 12.1 10.6 12.0 10.6 25.7 32.9 33.7 32.3 29.4 22.6 13.0 5.1 ( ‫א‬ ‫א‬ ‫א‬ ‫א‬/ ‫)א‬ ‫א‬
Agriculture, forestry and fishing 25.1 16.5 4.0 0.8 1.4 24.7 25.8 25.5 25.4 24.9 23.0 18.1 22.8 ‫א‬ ‫א‬ ‫א‬ ‫א א‬
Mining and quarrying 21.8 25.1 35.6 46.7 37.6 48.7 68.3 69.8 59.4 47.7 20.6 -11.0 -36.7 ‫א‬ ‫א‬ ‫א‬
Manufacturing 38.9 4.9 4.9 4.9 5.3 17.6 24.8 24.8 27.3 28.7 28.6 26.6 21.8 ‫א‬ ‫א‬
Electricity, gas, steam and air conditioning supply 2.3 0.0 0.0 0.0 0.0 14.0 14.0 14.0 14.0 14.0 14.0 14.0 14.0 ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א אא א‬
Water supply, sewerage, waste management and remediation activities 2.0 0.0 0.0 0.0 0.0 8.4 8.4 8.4 8.4 8.4 8.4 8.4 8.4 ‫א‬ ‫אא‬ ‫א‬ ‫א‬ ‫א א א‬ ‫א‬
Transportation and storage 2.8 1.2 7.9 7.9 7.9 7.9 9.1 9.0 7.8 7.8 7.8 13.2 13.2 ‫א‬ ‫א‬
Accommodation and food service activities 5.0 3.5 3.5 3.5 3.5 11.7 11.7 11.7 7.9 7.9 7.9 14.3 14.3 ‫א א א‬ ‫א‬
Information and communications 2.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.4 4.4 4.4 4.4 4.4 ‫א‬ ‫א‬ ‫א‬
Gold Prices ( in LE ) ( ‫א‬ ) ‫א‬
Sterling gold pound 920.7 973.8 1038.5 1038.6 1168.5 1128.4 1119.0 1119.2 1011.2 1014.7 1012.8 945.2 ‫א‬ ‫א‬
21 KT / grm 109.9 116.2 123.9 123.9 139.4 134.6 133.5 139.9 126.4 126.8 126.6 118.2 ٢١ ‫א א‬
18 KT / grm 94.2 99.6 106.2 106.2 119.5 115.4 114.4 119.9 108.3 108.7 108.5 101.3 ١٨ ‫א א‬
Source : Central Agency for Public Mobilization and Statistics (CAPMAS) and Ministry of Trade & Industry. . ‫א‬ ‫א א‬ ، ‫א‬ ‫א‬ ‫א‬ ‫ א‬: ‫א‬
* A new series of CPI was introduced in September 2007. The weights involved in the formation of the Index were taken from the results of ‫א‬ ‫א‬ ‫א‬ ‫א א א‬ ‫ א‬، ‫א‬ ‫א‬ ٢٠٠٧ *
the 2004/2005 survey of income, expenditure and consumption. The series was updated on the basis of the weights of January 2007. .٢٠٠٧ ‫א‬ ٢٠٠٥/٢٠٠٤ ‫א‬ ‫א‬
** The CAPMAS issued the PPI Bulletin as of Sept. 2007 to replace the WPI Bulletin, as the publication of the latter was stopped as of ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ٢٠٠٧ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫** א‬
January 2008. .٢٠٠٨ ‫اﻋﺘﺒﺎرا ﻣﻦ ﺑﻴﺎﻧﺎت ﻳﻨﺎﻳﺮ‬
.. Not available ‫ ﻏﻴﺮ ﻣﺘﻮاﻓﺮ‬..
- 122 - - 121 -
43 - GDP at Factor Cost by Economic Activity ( Constant Prices ) ‫ اﻟﻨﺎﺗﺞ اﻟﻤﺤﻠﻰ اﻻﺟﻤﺎﻟﻰ ﺑﺘﻜﻠﻔﺔ ﻋﻮاﻣﻞ اﻻﻧﺘﺎج وﻓﻘﺎ ﻟﻸﻧﺸﻄﺔ اﻻﻗﺘﺼﺎدﻳﺔ ﺑﺎﻷﺳﻌﺎر اﻟﺜﺎﺑﺘﺔ‬-٤٣
( LE mn ) ( )
2006/2007 2007/2008 July / Sept. 2007/2008 July / Sept. 2008/2009 ( Preliminary )

During
‫א‬ ‫א‬ ‫א‬ ‫א‬
Public Private Total Public Private Total Public Private Total Public Private Total
Total GDP 266516.4 443871.3 710387.7 282626.8 478746.6 761373.4 68468.0 121022.0 189490.0 72613.4 128037.2 200650.6 ‫א‬ ‫א‬ ‫א‬
Agriculture, Irrigation & Fishing 18.8 99934.3 99953.1 19.6 103279.5 103299.1 3.8 31332.4 31336.2 3.9 32443.7 32447.6 ‫א‬ ‫א‬ ‫א א‬
Extractions 86191.0 17465.4 103656.4 89530.6 18301.6 107832.2 21050.0 4290.4 25340.4 22897.5 4691.4 27588.9 ‫א‬ ‫א‬
Oil 37871.0 6188.0 44059.0 38950.0 6555.0 45505.0 9196.0 1535.0 10731.0 10083.0 1707.0 11790.0
Natural gas 47975.0 8615.0 56590.0 50213.0 8973.0 59186.0 11767.0 2108.0 13875.0 12726.0 2324.0 15050.0
Others 345.0 2662.4 3007.4 367.6 2773.6 3141.2 87.0 647.4 734.4 88.5 660.4 748.9
Manufacturing 14955.7 99519.5 114475.2 15976.6 107672.3 123648.9 3855.7 25450.3 29306.0 4019.3 26828.6 30847.9 ‫א‬ ‫א‬
Oil refining 3503.0 2552.0 6055.0 3665.0 2898.0 6563.0 899.0 662.0 1561.0 900.0 677.0 1577.0 ‫א‬
Others 11452.7 96967.5 108420.2 12311.6 104774.3 117085.9 2956.7 24788.3 27745.0 3119.3 26151.6 29270.9
Electricity 8337.6 1542.5 9880.1 9107.5 1539.0 10646.5 2184.0 397.0 2581.0 2361.0 410.0 2771.0 ‫א‬
Water 2390.0 0.0 2390.0 2561.0 0.0 2561.0 589.0 0.0 589.0 625.0 0.0 625.0 ‫א‬
Construction & Building 3500.6 26674.7 30175.3 3854.4 30788.9 34643.3 927.0 6877.0 7804.0 1015.1 7530.3 8545.4 ‫א‬ ‫א‬
Transportation & Storage 6479.8 23069.2 29549.0 6989.4 24958.7 31948.1 1293.0 6630.0 7923.0 1379.6 7074.2 8453.8 ‫א‬ ‫א‬
Communications 7476.9 15585.5 23062.4 8427.7 17909.4 26337.1 2085.0 3832.0 5917.0 2100.0 4463.0 6563.0 ‫א‬
Suez Canal 24123.8 0.0 24123.8 28454.5 0.0 28454.5 6711.0 0.0 6711.0 7415.7 0.0 7415.7 ‫א‬
Wholesale & Retail Trade 2792.4 75055.4 77847.8 2985.5 80363.4 83348.9 726.3 20912.6 21638.9 765.0 21895.0 22660.0 ‫א‬ ‫א‬
Financial Intermediaries & Supporting Services 17970.5 9560.4 27530.9 19319.5 10312.7 29632.2 4830.0 2689.0 7519.0 5001.0 2785.0 7786.0 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Insurance 1619.0 475.0 2094.0 1732.0 509.4 2241.4 367.0 113.4 480.4 373.2 116.2 489.4 ‫א‬
Social Solidarity 24278.4 0.0 24278.4 25905.5 0.0 25905.5 6569.4 0.0 6569.4 6963.6 0.0 6963.6 ‫א‬ ‫א‬
Restaurants & Hotels 264.3 24301.1 24565.4 303.6 30232.4 30536.0 70.6 5654.4 5725.0 80.5 6457.3 6537.8 ‫א‬ ‫א‬
Real Estate 878.6 20064.2 20942.8 911.2 20805.6 21716.8 131.1 4873.1 5004.2 135.5 5035.7 5171.2 ‫א‬ ‫א‬
Real Estate Ownership 356.5 10479.9 10836.4 370.0 10862.1 11232.1 85.0 2562.1 2647.1 88.2 2641.5 2729.7 ‫א‬ ‫א‬
Business Services 522.1 9584.3 10106.4 541.2 9943.5 10484.7 46.1 2311.0 2357.1 47.3 2394.2 2441.5 ‫א‬
General Government 64219.8 0.0 64219.8 65484.8 0.0 65484.8 16840.0 0.0 16840.0 17235.1 0.0 17235.1 ‫א‬ ‫א‬
Education, Health and Personal Services 1019.2 30624.1 31643.3 1063.4 32073.7 33137.1 235.1 7970.4 8205.5 242.4 8306.8 8549.2 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Education 0.0 8376.0 8376.0 0.0 8746.5 8746.5 0.0 2056.9 2056.9 0.0 2130.9 2130.9 ‫א‬
Health 1019.2 8982.1 10001.3 1063.4 9377.0 10440.4 235.1 2302.2 2537.3 242.4 2373.5 2615.9 ‫א‬
Others 0.0 13266.0 13266.0 0.0 13950.2 13950.2 0.0 3611.3 3611.3 0.0 3802.4 3802.4 ‫א‬
During Growth Rates in 2006/2007 (%) Growth Rates in 2007/2008 (%) Growth Rates in July / Sept. 2007/2008 (%) Growth Rates in July / Sept. 2008/2009 (%)
Total GDP .. .. .. 6.0 7.9 7.2 5.1 7.3 6.5 6.1 5.8 5.9 ‫א‬ ‫א‬ ‫א‬
Agriculture, Irrigation & Fishing .. .. .. 4.3 3.3 3.3 2.7 3.6 3.6 2.6 3.5 3.5 ‫א‬ ‫א‬ ‫א א‬
Extractions .. .. .. 3.9 4.8 4.0 1.4 4.9 1.9 8.8 9.3 8.9 ‫א‬ ‫א‬
Oil .. .. .. 2.8 5.9 3.3 -1.6 7.7 -0.4 9.6 11.2 9.9
Natural gas .. .. .. 4.7 4.2 4.6 3.8 3.0 3.7 8.1 10.2 8.5
Others .. .. .. 6.6 4.2 4.4 3.6 4.7 4.6 1.7 2.0 2.0
Manufacturing .. .. .. 6.8 8.2 8.0 6.4 7.9 7.7 4.2 5.4 5.3 ‫א‬ ‫א‬
Oil refining .. .. .. 4.6 13.6 8.4 4.2 6.8 5.3 0.1 2.3 1.0 ‫א‬
Others .. .. .. 7.5 8.1 8.0 7.1 7.9 7.9 5.5 5.5 5.5
Electricity .. .. .. 9.2 -0.2 7.8 8.8 -0.3 7.3 8.1 3.3 7.4 ‫א‬
Water .. .. .. 7.2 0.0 7.2 7.2 0.0 7.2 6.1 0.0 6.1 ‫א‬
Construction & Building .. .. .. 10.1 15.4 14.8 10.1 15.0 14.4 9.5 9.5 9.5 ‫א‬ ‫א‬
Transportation & Storage .. .. .. 7.9 8.2 8.1 6.2 8.1 7.8 6.7 6.7 6.7 ‫א‬ ‫א‬
Communications .. .. .. 12.7 14.9 14.2 10.3 18.8 15.6 0.7 16.5 10.9 ‫א‬
Suez Canal .. .. .. 18.0 0.0 18.0 17.5 0.0 17.5 10.5 0.0 10.5 ‫א‬
Wholesale & Retail Trade .. .. .. 6.9 7.1 7.1 7.3 8.1 8.1 5.3 4.7 4.7 ‫א‬ ‫א‬
Financial Intermediaries & Supporting Services .. .. .. 7.5 7.9 7.6 8.0 8.0 8.0 3.5 3.6 3.6 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Insurance .. .. .. 7.0 7.2 7.0 1.7 5.9 2.6 1.7 2.5 1.9 ‫א‬
Social Solidarity .. .. .. 6.7 0.0 6.7 7.7 0.0 7.7 6.0 0.0 6.0 ‫א‬ ‫א‬
Restaurants & Hotels .. .. .. 14.9 24.4 24.3 15.4 16.1 16.1 14.0 14.2 14.2 ‫א‬ ‫א‬
Real Estate .. .. .. 3.7 3.7 3.7 3.5 3.1 3.1 3.4 3.3 3.3 ‫א‬ ‫א‬
Real Estate Ownership .. .. .. 3.8 3.6 3.7 3.7 3.0 3.1 3.8 3.1 3.1 ‫א‬ ‫א‬
Business Services .. .. .. 3.7 3.7 3.7 3.1 3.1 3.1 2.6 3.6 3.6 ‫א‬
General Government .. .. .. 2.0 0.0 2.0 2.0 0.0 2.0 2.3 0.0 2.3 ‫א‬ ‫א‬
Education, Health and Personal Services .. .. .. 4.3 4.7 4.7 3.3 4.9 4.8 3.1 4.2 4.2 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Education .. .. .. 0.0 4.4 4.4 0.0 3.7 3.7 0.0 3.6 3.6 ‫א‬
Health .. .. .. 4.3 4.4 4.4 3.3 3.2 3.2 3.1 3.1 3.1 ‫א‬
Others .. .. .. 0.0 5.2 5.2 0.0 6.7 6.7 0.0 5.3 5.3 ‫א‬
Source : Ministry of Economic Development. . ‫א‬ ‫ א א‬: ‫א‬
- 124 - - 123 -
44 - GDP at Factor Cost by Economic Activity (Current Prices) ( ‫א‬ ) ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫ א‬-٤٤
(LE mn ) ( )
During 2006/2007 2007/2008 July / Sept. 2007/2008 July / Sept. 2008/2009 ( Preliminary )
‫א‬ ‫א‬ ‫א‬ ‫א‬
Total GDP 266516.4 443871.3 710387.7 326068.1 530200.6 856268.7 76294.0 132779.0 209073.0 93992.2 169069.9 263062.1 ‫א‬ ‫א‬ ‫א‬
Extractions 86191.0 17465.4 103656.4 117341.1 23215.6 140556.7 25402.0 5093.3 30495.3 34295.0 6872.0 41167.0 ‫א‬ ‫א‬
Oil 37871.0 6188.0 44059.0 50907.0 8529.0 59436.0 11089.0 1845.0 12934.0 15094.0 2547.0 17641.0
Natural gas 47975.0 8615.0 56590.0 66038.0 11626.0 77664.0 14217.0 2539.0 16756.0 19086.0 3475.0 22561.0
Others 345.0 2662.4 3007.4 396.1 3060.6 3456.7 96.0 709.3 805.3 115.0 850.0 965.0
Oil refining 3503.0 2552.0 6055.0 4662.0 3877.0 8539.0 1092.0 805.0 1897.0 1448.0 1237.0 2685.0 ‫א‬
Others 11452.7 96967.5 108420.2 13405.7 117690.1 131095.8 3194.1 27096.0 30290.1 4015.0 34140.0 38155.0
Electricity 8337.6 1542.5 9880.1 9686.0 1821.0 11507.0 2356.5 462.0 2818.5 2703.0 535.0 3238.0 ‫א‬
Water 2390.0 0.0 2390.0 2659.2 0.0 2659.2 611.3 0.0 611.3 700.0 0.0 700.0 ‫א‬
Suez Canal 24123.8 0.0 24123.8 29420.8 0.0 29420.8 6865.0 0.0 6865.0 8299.8 0.0 8299.8 ‫א‬
Insurance 1619.0 475.0 2094.0 1887.0 553.0 2440.0 419.0 125.0 544.0 486.5 145.9 632.4 ‫א‬
Real Estate 878.6 20064.2 20942.8 983.4 22350.8 23334.2 138.9 5206.8 5345.7 154.0 6151.0 6305.0 ‫א‬ ‫א‬
Education 0.0 8376.0 8376.0 0.0 9447.2 9447.2 0.0 2225.6 2225.6 0.0 2782.0 2782.0 ‫א‬
Health 1019.2 8982.1 10001.3 1153.3 10172.5 11325.8 253.6 2484.1 2737.7 295.0 3155.0 3450.0 ‫א‬
Others 0.0 13266.0 13266.0 0.0 14953.9 14953.9 0.0 3799.1 3799.1 0.0 4788.0 4788.0 ‫א‬
During Growth Rates in 2006/2007 (%) Growth Rates in 2007/2008 (%) Growth Rates in July / Sept. 2007/2008 (%) Growth Rates in July / Sept. 2008/2009 (%)
Total GDP .. .. .. 22.3 19.4 20.5 17.5 17.7 17.1 23.2 27.3 25.8 ‫א‬ ‫א‬ ‫א‬
Agriculture, Irrigation & Fishing .. .. .. 12.2 13.2 13.2 12.0 12.0 10.8 19.5 30.8 30.8 ‫א‬ ‫א‬ ‫א א‬
Extractions .. .. .. 36.1 32.9 35.6 22.7 24.5 22.3 35.0 34.9 35.0 ‫א‬ ‫א‬
Oil .. .. .. 34.4 37.8 34.9 20.0 29.5 18.6 36.1 38.0 36.4
Natural gas .. .. .. 37.7 35.0 37.2 25.2 24.1 25.4 34.2 36.9 34.6
Others .. .. .. 14.8 15.0 14.9 14.6 14.7 14.3 19.8 19.8 19.8
Manufacturing .. .. .. 20.8 22.2 22.0 18.3 18.3 18.3 27.5 26.8 26.9 ‫א‬ ‫א‬
Oil refining .. .. .. 33.1 51.9 41.0 27.9 29.8 26.5 32.6 53.7 41.5 ‫א‬
Others .. .. .. 17.1 21.4 20.9 17.8 18.0 15.7 25.7 26.0 26.0
Electricity .. .. .. 16.2 18.1 16.5 17.2 16.1 17.4 14.7 15.8 14.9 ‫א‬
Water .. .. .. 11.3 0.0 11.3 11.3 0.0 11.3 14.5 0.0 14.5 ‫א‬
Construction & Building .. .. .. 23.6 21.7 21.9 24.3 24.2 24.9 20.5 26.8 26.0 ‫א‬ ‫א‬
Transportation & Storage .. .. .. 17.6 17.8 17.7 14.0 14.3 12.2 32.4 33.3 33.2 ‫א‬ ‫א‬
Communications .. .. .. 16.9 18.1 17.7 17.7 20.9 12.2 4.2 17.5 12.8 ‫א‬
Suez Canal .. .. .. 22.0 0.0 22.0 20.2 0.0 20.2 20.9 0.0 20.9 ‫א‬
Wholesale & Retail Trade .. .. .. 15.2 23.4 23.1 26.3 26.7 14.4 20.4 27.1 26.9 ‫א‬ ‫א‬
Financial Intermediaries & Supporting Services .. .. .. 14.3 13.6 14.1 18.4 16.9 19.2 16.3 14.0 15.5 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Insurance .. .. .. 16.6 16.4 16.5 16.2 16.7 16.1 16.1 16.7 16.3 ‫א‬
Social Solidarity .. .. .. 17.4 0.0 17.4 16.0 0.0 16.0 14.3 0.0 14.3 ‫א‬ ‫א‬
Restaurants & Hotels .. .. .. 16.3 29.6 29.5 20.2 20.2 24.2 15.3 22.2 22.1 ‫א‬ ‫א‬
Real Estate .. .. .. 11.9 11.4 11.4 10.1 10.1 9.6 10.9 18.1 17.9 ‫א‬ ‫א‬
Real Estate Ownership .. .. .. 10.0 10.1 10.1 8.3 8.3 8.2 8.2 14.9 14.7 ‫א‬ ‫א‬
Business Services .. .. .. 13.3 12.8 12.8 12.2 12.2 12.3 15.5 21.6 21.4 ‫א‬
General Government .. .. .. 11.5 0.0 11.5 10.0 0.0 10.0 15.6 0.0 15.6 ‫א‬ ‫א‬
Education, Health and Personal Services .. .. .. 13.2 12.9 12.9 11.9 12.0 11.4 16.3 26.0 25.8 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Education .. .. .. 0.0 12.8 12.8 12.2 12.2 0.0 0.0 25.0 25.0 ‫א‬
Health .. .. .. 13.2 13.3 13.2 11.4 11.4 11.4 16.3 27.0 26.0 ‫א‬
Others .. .. .. 0.0 12.7 12.7 12.2 12.2 0.0 0.0 26.0 26.0 ‫א‬
- 126 - - 125 -
45 - GDP by Expenditure ( Constant Prices ) ‫ اﻟﻨﺎﺗﺞ اﻟﻤﺤﻠﻰ اﻻﺟﻤﺎﻟﻰ وأوﺟﻪ اﻻﻧﻔﺎق ﻋﻠﻴﻪ ﺑﺎﻷﺳﻌﺎر اﻟﺜﺎﺑﺘﺔ‬- ٤٥
( LE bn & at 2006/2007 prices ) Growth Rates %

July / Sept. July / Sept. July / Sept. July / Sept.
2006/2007 2007/2008 2006/2007 2007/2008
2007/2008 2008/2009 * 2007/2008 2008/2009
1- GDP at Market Prices (2+5-6) 744.8 798.1 198.0 209.5 7.1 7.2 6.5 5.8 (٦−٥+٢) ‫א‬ ‫א‬ ‫א‬ ‫א‬−١
2-Total Domestic Expenditure (3+4) 778.9 835.6 204.9 216.0 9.1 7.3 .. 5.4 (٤+٣) ‫א‬ ‫א‬ ‫א‬−٢
3- Final Consumption 623.6 656.3 175.8 185.5 4.1 5.2 5.0 5.5 ‫א‬ ‫א‬−٣
Final private consumption 539.2 570.1 153.5 162.0 4.2 5.7 5.5 5.5 ‫א‬ ‫א‬ ‫א‬
Final government consumption 84.4 86.2 22.3 23.5 3.2 2.1 1.4 5.4 ‫א‬ ‫א‬ ‫א‬
4- Gross Capital Formation 155.3 179.3 29.1 30.5 31.8 15.5 17.8 4.8 ‫א‬ ‫א‬ ‫א‬−٤
Investments 155.3 179.3 29.1 30.5 31.8 15.5 17.8 4.8 ‫א‬ ‫א‬
Change in stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ‫א‬ ‫א‬
5- Exports of Goods and Services 225.3 290.1 63.4 73.0 23.3 28.8 17.0 15.1 ‫א‬ ‫א א א‬−٥
6- Imports of Goods and Services 259.4 327.6 70.3 79.5 28.5 26.3 16.2 13.1 ‫א‬ ‫א א א א‬−٦
7- Gross Domestic Saving (1-3) 121.2 141.8 22.2 24.0 22.3 17.0 20.7 8.1 (٣−١) ‫א‬ ‫א‬ ‫א‬−٧
8- Domestic Resources Gap (5-6)=(7-4) -34.1 -37.5 -6.9 -6.5 (٤−٧) = (٦−٥) ‫א א א‬ −٨
46 - GDP by Expenditure ( Current Prices ) ‫ اﻟﻨﺎﺗﺞ اﻟﻤﺤﻠﻰ اﻻﺟﻤﺎﻟﻰ وأوﺟﻪ اﻻﻧﻔﺎق ﻋﻠﻴﻪ ﺑﺎﻻﺳﻌﺎر اﻟﺠﺎرﻳﺔ‬- ٤٦
( LE bn & at 2006/2007 prices ) Growth Rates %

July / Sept. July / Sept. July / Sept. July / Sept.
2006/2007 2007/2008 2006/2007 2007/2008
2007/2008 2008/2009 * 2007/2008 2008/2009
1- GDP at Market Prices (2+5-6) 744.8 896.5 218.3 274.6 14.7 20.4 17.4 25.8 (٦−٥+٢) ‫א‬ ‫א‬ ‫א‬ ‫א‬−١
2-Total Domestic Expenditure (3+4) 778.9 950.5 228.9 291.6 14.0 22.0 .. 27.4 (٤+٣) ‫א‬ ‫א‬ ‫א‬−٢
3- Final Consumption 623.6 751.0 195.4 248.1 12.8 20.4 16.7 27.0 ‫א‬ ‫א‬−٣
Final private consumption 539.2 653.5 169.8 218.4 13.2 21.2 16.7 28.6 ‫א‬ ‫א‬ ‫א‬
Final government consumption 84.4 97.5 25.6 29.7 10.6 15.5 16.4 16.0 ‫א‬ ‫א‬ ‫א‬
4- Gross Capital Formation 155.3 199.5 33.5 43.5 19.5 28.5 35.6 29.9 ‫א‬ ‫א‬ ‫א‬−٤
Investments 155.3 199.5 33.5 43.5 19.5 28.5 35.6 29.9 ‫א‬ ‫א‬
Change in stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ‫א‬ ‫א‬
5- Exports of Goods and Services 225.3 293.9 64.8 79.7 13.2 30.4 19.6 23.0 ‫א‬ ‫א א א‬−٥
6- Imports of Goods and Services 259.4 347.9 75.4 96.7 11.0 34.1 24.6 28.2 ‫א‬ ‫א א א א‬−٦
7- Gross Domestic Saving (1-3) 121.2 145.5 22.9 26.5 24.9 20.0 24.5 15.7 (٣−١) ‫א‬ ‫א‬ ‫א‬−٧
8- Domestic Resources Gap (5-6)=(7-4) -34.1 -54.0 -10.6 -17.0 (٤−٧) = (٦−٥) ‫א א א‬ −٨
* Prelimanary. ٠ *
- 128 - - 127 -
47 - Implemented Investments ‫ اﻻﺳﺘﺜﻤﺎرات اﻟﻤﻨﻔﺬة‬- ٤٧
(LE mn) ( )
2006/2007 2007/2008
During ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Government Economic Public Private Total Government Economic Public Private Total
Sector Authorities Companies Sector Sector Authorities Companies Sector
Total Investments 25498.4 9478.4 23064.8 97300.3 155341.9 32094.9 10496.7 22893.5 134050.2 199535.3 ‫א‬ ‫א‬
Agriculture, Irrigation & Reclamation 2349.0 84.7 0.0 5357.5 7791.2 2546.8 113.7 0.0 5223.0 7883.5 ‫א‬ ‫א‬ ‫א א‬
Crude Oil 0.0 17.7 941.6 11400.0 12359.3 ‫א‬ ‫א‬
Natural Gas 36.9 3552.0 7060.9 16403.7 27053.5 0.0 51.6 3250.0 18800.0 22101.6 ‫א א‬
Other Extractions 0.0 0.0 0.0 0.0 0.0 ‫א‬ ‫א א‬
Oil Refining 0.0 0.0 1446.0 5500.0 6946.0 ‫א‬
314.4 68.0 5237.0 36290.0 41909.4
Other Manufacturing 455.6 36.0 4715.0 30922.7 36129.3 ‫א‬
Electricity 731.1 2224.8 7030.9 0.0 9986.8 ‫א‬
4578.0 2200.3 4784.8 0.0 11563.1
Water 5384.4 866.8 0.0 0.0 6251.2 ‫א‬
Construction & Building 57.3 0.0 420.2 2000.0 2477.5 65.2 0.0 600.9 2655.0 3321.1 ‫א‬ ‫א‬
Transportation & Storage 4408.8 4180.6 3583.8 13017.0 25190.2 ‫א‬ ‫א‬
4057.2 2583.6 4476.5 14125.2 25242.5
Communications 705.0 219.4 0.0 13744.5 14668.9 ‫א‬
Suez Canal 0.0 333.5 0.0 0.0 333.5 0.0 276.9 0.0 0.0 276.9 ‫א‬
Wholesale & Retail Trade 0.0 37.2 354.6 2050.0 2441.8 0.0 59.7 153.4 5000.0 5213.1 ‫א‬ ‫א‬
Financial Intermediaries 4.2 374.4 557.5 0.0 936.1 ‫א‬ ‫א‬
4.5 55.8 408.1 0.0 468.4
Insurance and Social Solidarity 13.0 31.3 6.0 0.0 50.3 ‫א‬ ‫א‬ ‫א‬
Restaurants & Hotels 97.6 16.6 260.0 3450.0 3824.2 264.0 15.2 339.9 4938.0 5557.1 ‫א‬ ‫א‬
Real Estate 48.0 36.7 0.0 11500.0 11584.7 119.7 92.3 0.0 12800.0 13012.0 ‫א‬ ‫א‬
Educational Services 2782.4 27.8 0.0 2000.0 4810.2 2683.3 17.2 0.0 3000.0 5700.5 ‫א‬
Health Services 1629.0 123.9 0.0 1400.0 3152.9 2483.1 147.6 203.3 1875.0 4709.0 ‫א‬ ‫א‬
Drainage 0.0 0.0 0.0 0.0 0.0 4393.6 802.0 0.0 0.0 5195.6 ‫א‬ ‫א‬
Others 9544.1 358.3 62.7 2723.9 12689.0 5265.8 969.5 65.2 5175.0 11475.5 ‫א‬
Settlements 0.0 0.0 0.0 0.0 0.0 2571.3 0.0 0.0 0.0 2571.3
July / Sept. 2007/2008 July / Sept. 2008/2009 ( Preliminary )

‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ﺧﻼل‬
During
Government Economic Public Private Total Government Economic Public Private Total
Sector Authorities Companies Sector Sector Authorities Companies Sector
Total Investments 5273.6 1106.7 4297.9 22851.8 33530.0 6883.9 1889.1 4115.3 30594.0 43482.3 ‫א‬ ‫א‬
Agriculture, Irrigation & Reclamation 595.9 23.0 0.0 1078.0 1696.9 616.0 18.2 0.0 951.0 1585.2 ‫א‬ ‫א‬ ‫א א‬
Crude Oil 0.0 0.0 199.3 1700.0 1899.3 0.0 1.2 226.5 2000.0 2227.7 ‫א‬ ‫א‬
Natural Gas 0.0 6.6 1050.0 4900.0 5956.6 0.0 26.2 1000.0 8800.0 9826.2 ‫א א‬
Other Extractions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ‫א‬ ‫א א‬
Oil Refining 0.0 0.0 398.0 1400.0 1798.0 0.0 0.0 133.4 1200.0 1333.4 ‫א‬
Other Manufacturing 45.5 5.3 647.5 1325.0 2023.3 25.9 2.7 512.5 5500.0 6041.1 ‫א‬
Electricity 262.4 156.8 1084.3 0.0 1503.5 92.3 649.4 1332.0 0.0 2073.7 ‫א‬
Water 598.5 83.3 0.0 0.0 681.8 1438.7 134.3 0.0 0.0 1573.0 ‫א‬
Construction & Building 25.3 0.0 153.4 555.0 733.7 34.1 0.0 160.2 650.0 844.3 ‫א‬ ‫א‬
Transportation & Storage 699.5 440.7 541.3 3450.0 5131.5 751.8 565.8 523.3 1503.0 3343.9 ‫א‬ ‫א‬
Communications 89.6 0.0 0.0 2095.7 2185.3 89.7 13.0 0.0 3130.0 3232.7 ‫א‬
Suez Canal 0.0 52.8 0.0 0.0 52.8 0.0 75.4 0.0 0.0 75.4 ‫א‬
Wholesale & Retail Trade 0.0 13.0 19.7 1000.0 1032.7 0.0 7.7 13.9 1000.0 1021.6 ‫א‬ ‫א‬
Financial Intermediaries 0.0 24.4 117.6 0.0 142.0 0.7 0.3 82.2 0.0 83.2 ‫א‬ ‫א‬
Insurance and Social Solidarity
0.0 0.0 4.0 0.0 4.0 0.0 0.0 0.0 0.0 0.0 ‫א‬ ‫א‬ ‫א‬
Restaurants & Hotels 86.3 0.1 82.8 600.0 769.2 35.1 0.6 120.0 1100.0 1255.7 ‫א‬ ‫א‬
Real Estate 8.7 1.0 0.0 2000.0 2009.7 18.7 0.0 0.0 2500.0 2518.7 ‫א‬ ‫א‬
Educational Services 415.0 3.5 0.0 700.0 1118.5 716.0 4.2 0.0 800.0 1520.2 ‫א‬
Health Services 358.0 31.7 0.0 500.0 889.7 200.2 6.3 5.0 500.0 711.5 ‫א‬ ‫א‬
Drainage 1506.8 105.2 0.0 0.0 1612.0 1946.5 130.1 0.0 0.0 2076.6 ‫א‬ ‫א‬
Others 582.1 159.3 0.0 1548.1 2289.5 918.2 253.7 6.3 960.0 2138.2 ‫א‬
Settlements 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
- 130 - - 129 -
48 - Total Domestic Production by Economic Activity ( Constant Prices ) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א‬- ٤٨
( LE mn ) ( ‫) ﺑﺎﻟﻤﻠﻴﻮن ﺟﻨﻴﻪ‬
2006/2007 2007/2008 July / Sept. 2007/2008 July / Sept. 2008/2009 ( Preliminary )
During ‫ﻋﺎم‬ ‫ﺧﺎص‬ ‫اﻻﺟﻤﺎﻟﻰ‬ ‫ﻋﺎم‬ ‫ﺧﺎص‬ ‫اﻻﺟﻤﺎﻟﻰ‬ ‫ﻋﺎم‬ ‫ﺧﺎص‬ ‫اﻻﺟﻤﺎﻟﻰ‬ ‫ﻋﺎم‬ ‫ﺧﺎص‬ ‫اﻻﺟﻤﺎﻟﻰ‬ ‫ﺧﻼل‬
Total Domestic Production 372865.9 765213.2 1138079.1 393884.2 825687.4 1219571.6 96290.7 204550.1 300840.8 101291.3 216521.9 317813.2 ‫א‬ ‫א‬ ‫א‬
Extractions 95838.0 18438.7 114276.7 98991.2 19305.6 118296.8 23403.9 4527.7 27931.6 25455.4 4933.4 30388.8 ‫א‬ ‫א‬
Oil 41745.0 6188.0 47933.0 42791.0 6555.0 49346.0 10104.0 1535.0 11639.0 11081.0 1707.0 12788.0
Natural gas 53282.0 8615.0 61897.0 55340.0 8973.0 64313.0 13096.0 2108.0 15204.0 14167.0 2324.0 16491.0
Others 811.0 3635.7 4446.7 860.2 3777.6 4637.8 203.9 884.7 1088.6 207.4 902.4 1109.8
Oil Refining 21895.0 7786.0 29681.0 22905.0 8833.0 31738.0 5617.0 2045.0 7662.0 5625.0 2092.0 7717.0 ‫א‬
Others 35060.8 250167.9 285228.7 37617.6 268304.1 305921.7 9043.1 63660.1 72703.2 9477.2 67188.0 76665.2
Electricity 13496.0 3977.1 17473.1 14656.3 3957.0 18613.3 3531.9 1023.0 4554.9 3817.0 1055.0 4872.0 ‫א‬
Water 3396.8 0.0 3396.8 3636.3 0.0 3636.3 836.7 0.0 836.7 888.0 0.0 888.0 ‫א‬
Suez Canal 24734.9 0.0 24734.9 28783.6 0.0 28783.6 7980.0 0.0 7980.0 8801.9 0.0 8801.9 ‫א‬
Insurance 2098.3 1056.4 3154.7 2241.1 1123.0 3364.1 474.8 249.6 724.4 481.9 253.0 734.9 ‫א‬
Real Estate 1216.2 20631.2 21847.4 1258.9 21379.2 22638.1 161.9 5004.3 5166.2 167.0 5163.7 5330.7 ‫א‬ ‫א‬
Education 0.0 11965.7 11965.7 0.0 12307.5 12307.5 0.0 2917.3 2917.3 0.0 3011.0 3011.0 ‫א‬
Health 2973.3 18118.0 21091.3 3100.1 18899.7 21999.8 685.2 4637.4 5322.6 706.0 4776.0 5482.0 ‫א‬
Others 0.0 23688.9 23688.9 0.0 24370.4 24370.4 0.0 6219.9 6219.9 0.0 6545.0 6545.0 ‫א‬ ‫א‬
49 - Total Domestic Production by Economic Activity ( Current Prices) ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫ א‬-٤٩
Total Domestic Production 372865.9 765213.2 1138079.1 450341.0 908642.8 1358983.8 106944.8 224135.2 331080.0 128932.7 279173.5 408106.2 ‫א‬ ‫א‬ ‫א‬
Extractions 95838.0 18438.7 114276.7 129156.5 24328.3 153484.8 28143.9 5351.8 33495.7 37982.4 7172.7 45155.1 ‫א‬ ‫א‬
Oil 41745.0 6188.0 47933.0 55711.9 8529.0 64240.9 12145.0 1845.0 13990.0 16534.0 2547.0 19081.0
Natural gas 53282.0 8615.0 61897.0 72515.0 11626.0 84141.0 15774.0 2539.0 18313.0 21182.0 3475.0 24657.0
Others 811.0 3635.7 4446.7 929.6 4173.3 5102.9 224.9 967.8 1192.7 266.4 1150.7 1417.1
Oil Refining 21895.0 7786.0 29681.0 28996.0 11794.0 40790.0 6740.0 2454.0 9194.0 8939.0 3771.0 12710.0 ‫א‬
Others 35060.8 250167.9 285228.7 40936.8 303163.8 344100.6 9761.5 69847.6 79609.1 11342.9 85096.5 96439.4
Electricity 13496.0 3977.1 17473.1 15641.2 4676.5 20317.7 3801.6 1190.0 4991.6 4356.0 1375.0 5731.0 ‫א‬
Water 3396.8 0.0 3396.8 3771.6 0.0 3771.6 868.9 0.0 868.9 984.1 0.0 984.1 ‫א‬
Suez Canal 24734.9 0.0 24734.9 30053.7 0.0 30053.7 8257.9 0.0 8257.9 9967.3 0.0 9967.3 ‫א‬
Insurance 2098.3 1056.4 3154.7 2442.8 1228.5 3671.3 542.6 277.5 820.1 629.4 323.3 952.7 ‫א‬
Real Estate 1216.2 20631.2 21847.4 1362.7 22943.5 24306.2 171.9 5344.3 5516.2 191.4 6011.4 6202.8 ‫א‬ ‫א‬
Education 0.0 11965.7 11965.7 0.0 14033.3 14033.3 0.0 3252.0 3252.0 0.0 3983.7 3983.7 ‫א‬
Health 2973.3 18118.0 21091.3 3359.3 20491.9 23851.2 738.4 5001.8 5740.2 836.3 6231.9 7068.2 ‫א‬
Others 0.0 23688.9 23688.9 0.0 26673.3 26673.3 0.0 6771.9 6771.9 0.0 8271.6 8271.6 ‫א‬ ‫א‬
- 132 - - 131 -
50 - Output of Main Crops ‫ اﻻﻧﺘﺎج اﻟﻜﻤﻰ ﻷهﻢ اﻟﺤﺎﺻﻼت اﻟﺰراﻋﻴﺔ‬- ٥٠
2005/2006 2006/2007 ( Provisional ) 2007/2008 ( Provisional )

‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬
Crops ( ) ‫א א‬ (‫א‬ ) ( ) ‫א א‬ (‫א‬ ) ( ) ‫א א‬ (‫א‬ ) ‫وﺣﺪة‬ ‫א א‬ ‫א‬
Productivity Production Productivity Area Production Productivity Area Production Productivity Area ‫اﻹﻧﺘﺎﺟﻴﺔ‬
Unit (Thousand Per (Thousand (Thousand Per (Thousand (Thousand Per (Thousand
Tons) Feddan Feddans) Tons) Feddan Feddans) Tons) Feddan Feddans)
Wheat Ardeb 8274 18.63 3064 7279 18.81 2716 8015 18.3 2920 ‫א‬
Barley Ardeb 136 14 106 137 14.17 83 132 13.21 83 ‫א‬
Maize Summer Crops Ardeb 6366 25.68 1791 5708 26.28 1566 5573 24.8 1605 ‫א‬ ‫א‬
Nile Crops Ardeb 719 18.79 277 666 19.58 246 782 19.7 320
Millet Summer Crops Ardeb 834 17.14 351 876 17.17 367 799 17.17 322 ‫א‬ ‫א‬
Nile Crops Ardeb 19 16.37 9 11 19.5 4 25 17.5 10
Rice ton 6124 4.22 1459 6744 4.25 1592 6902 4.1 1681 ‫א‬
Beans Ardeb 257 9.21 176 302 9.19 212 244 9.26 170 ‫א‬
Lentils Ardeb 1 4 2 2 5 2 1 5.33 2 ‫א‬
Cotton (seeds) mc 644 6.220 657 600 7.1 536 628 6.93 575 ( ) ‫א‬
Flax ton 86 3.90 22 117 3.9 30 140 4 35
Groundnuts Ardeb 199 18.02 148 184 18.4 132 218 18.3 156 ‫א‬ ‫א‬ ‫א‬
Sesame Ardeb 37 4.90 67 42 4.97 75 48 4.98 85 ‫א‬
Soybeans ton 26 1.300 20 23 1.27 18 26 1.36 19 ‫א‬
Sunflower ton 34 0.969 35 38 1 37 27 0.982 27 ‫א‬
Sugar cane ton 16317 51.27 321 16611 51.51 326 16860 51.5 330 ‫א‬
Sugar beet ton 3905 21.22 187 5459 22.27 249 4621 17.9 258 ‫א‬
Vegetables ton 20374 11.11 1833 20349 10.77 1888 20580 10.9 1885 ‫א‬
Onion ton 1171 13.0 65 2002 13.7 112 2265 13.8 120 ‫א‬
Fruits ton 7818 6.7 1225 8503 7.2 1207 9100 7.2 1300 ‫א‬
Source : Ministry of Economic Development. . ‫א‬ ‫א‬ ‫ א‬: ‫א‬
- 134 - - 133 -
51- Output of Main Industrial Products ‫א‬ ‫א‬ ‫א‬ ‫ א‬-٥١
2005/2006 2006/2007( Provisional ) 2007/2008 ( Provisional )

Products Unit ‫ﻋﺎم‬ ‫اﻹﺟﻤﺎﻟﻰ‬ ‫ﻋﺎم‬ ‫اﻹﺟﻤﺎﻟﻰ‬ ‫ﻋﺎم‬ ‫اﻹﺟﻤﺎﻟﻰ‬ ‫اﻟﻮﺣﺪة‬ ‫א‬
Public Private Total Public Private Total Public Private Total
Refined sugar thousand tons 1081.0 602.2 1683.2 1088.0 611.0 1699.0 1175.0 642.9 1817.9
Animal & poultry fodder thousand tons 519.8 10383 10903.2 521.8 10552.1 11073.9 553.0 11185.2 11738.2 ‫א‬ ‫א‬
Carbonated drinks box (million) 0.0 362.9 362.9 0.0 366.9 366.9 0.0 396.3 396.3
Cigarettes billion 68.5 11.0 79.5 68.2 11.4 79.6 69.6 15.5 85.1
Cotton yarn, fibran thousand tons 126.8 174.8 301.6 73.7 201.2 274.9 79.0 215.0 294.0 ‫א‬
Wool yarn thousand tons 5.7 22.8 28.5 6.1 23.7 29.8 6.5 24.8 31.3
Silk yarn thousand tons 0.6 18.4 19.0 0.6 19.3 19.9 0.6 20.5 21.1
Synthetic fibres thousand tons 2.6 84.6 87.2 2.8 91.1 93.9 2.9 96.6 99.5
Blankets piece (million) 1.2 16.9 18.1 1.2 17.3 18.5 1.3 18.0 19.3
Ready-made clothes piece (million) 41.0 265.0 306.0 10.6 285.6 296.2 11.3 305.7 317.0
Cars units 7910.0 28020.0 35930.0 7977.0 28136.0 36113.0 8535.0 29745.0 38280.0 ‫א‬
Buses units 312.0 5848 6160.0 312.0 5985 6297.0 333.0 1055 1388.0
Lorries units 560.0 22690.0 23250.0 578.0 23201.0 23779.0 612.0 24593.0 25205.0 ‫א‬
Washing machines thousand 5.7 916.9 922.6 6.0 936.4 942.4 6.4 992.5 998.9
Refrigerators thousand 5.8 916.5 922.3 5.9 951.8 957.7 6.2 1009.0 1015.2
Electric lamps million 27.1 144.4 171.5 27.9 174.6 202.5 29.6 185.1 214.7
Butagaz heaters thousand 83.0 98.0 181.0 84.4 201.0 285.4 89.5 213.0 302.5
Water metres thousand 523.0 0.0 523.0 534.0 0.0 534.0 566.0 0.0 566.0 ‫א‬ ‫אא‬
Electric metres thousand 765.0 0.0 765.0 850.6 0.0 850.6 901.0 0.0 901.0 ‫א‬ ‫אא‬
Aluminium & sheets thereof thousand tons 271.6 0.0 271.6 273.0 0.0 273.0 289.0 0.0 289.0 ‫א‬
Reinforcing iron thousand tons 111.9 4735.9 4847.8 115.2 4891.7 5006.9 123.3 5284.2 5407.5 ‫א‬
Cement thousand tons 3059.0 32740.0 35799.0 3146.0 33750.0 36896.0 3366.0 36112.0 39478.0 ‫א‬
Glass sheets thousand tons 28.8 142.2 171.0 30.8 143.0 173.8 32.3 151.9 184.2
Phosphatic fertilizers thousand tons 509.0 835.0 1344.0 515.0 844.0 1359.0 546.0 894.5 1440.5
Azotic fertilizers thousand tons 3328.0 7779.2 11107.2 429.8 10948.8 11378.6 455.6 11605.7 12061.3
Caustic soda thousand tons 130.0 0.0 130 135 0.0 135 141.7 0.0 141.7 ‫א‬
Tyres thousand 690.0 463 1153 698.5 478.0 1176.5 740.0 507.0 1247.0 ‫א‬
Laundry soap thousand tons 48.6 324.4 373.0 49.0 325.0 374.0 51.9 344.5 396.4
Toilet soap thousand tons 35.4 146 181.0 37.0 145.8 182.8 39.6 157.8 197.4 ‫א‬
- 136 - - 135 -
52 - Production & Consumption of Electricity ‫ اﻧﺘﺎج واﺳﺘﻬﻼك اﻟﻜﻬﺮﺑﺎء‬- ٥٢
( Quantity : M.Kilo Watt/Hour ) ( .. : ‫)א‬
2008 2008
During 2003/2004 2004/2005 2005/2006 2006/2007
March April May June July August Sept. Oct. Nov.
Total Generated and Purchased Power 94064 100064 107463 114251 9940 9799 10563 11258 12043 12375 11697 10582 10080 ‫א‬ ‫א‬ ‫א‬ ‫א‬
Generated Power 80947 87038 94069 101683 8944 8752 9413 10088 10797 11154 10385 9389 9148 ‫א‬ ‫א‬
Purchased Power 13117 13026 13394 12568 996 1047 1150 1170 1246 1221 1312 1193 932 ‫א‬ ‫א‬ ‫א‬
Industrial Companies 76 68 37 35 2 1 1 - 1 1 1 - - ‫א‬ ‫א‬
Wind 367 511 542 617 59 91 106 93 98 73 81 90 61 ‫א‬
BOOT 12674 12447 12815 11916 935 955 1043 1077 1147 1147 1230 1103 871 BOOT
Total Uses 78692 85718 92814 98305 8621 8564 9035 9521 9653 10120 10194 9686 9281 ‫א‬ ‫א‬
Industrial 27644 30302 32651 34598 3072 3030 3162 3204 3265 3313 3304 3274 3083 ‫א‬
Commercial 2759 2192 2421 2644 209 207 228 232 281 329 313 295 289 ‫א‬
Household 28882 31174 33766 36317 3263 3106 3277 3488 3573 3838 3992 3712 3601 ‫א‬
Other 18614 21358 23204 24338 2055 2178 2313 2550 2479 2566 2552 2370 2225
Power Sold to : 793 692 772 408 22 43 55 47 55 74 33 35 83 : ‫א‬
- International Electrical Interconnection countries 791 687 770 401 21 42 55 47 55 74 33 35 82 ‫א‬ ‫א‬ −
- Private sector (BOOT) 2 5 2 7 1 1 .. 0 0 0 0 0 1 ( BOOT ) ‫א‬ ‫א‬−
Source : Egyptian Electricity Holding Company . . ‫א‬ ‫א‬: ‫א‬
.. Less than one million. . ‫א‬ ..
53 - Production, Local Sales, and Exports of Cement (All Types) ‫ اﻻﻧﺘﺎج واﻟﻤﺒﻴﻌﺎت اﻟﻤﺤﻠﻴﺔ واﻟﺘﺼﺪﻳﺮ ﻣﻦ اﻻﺳﻤﻨﺖ ﺑﺄﻧﻮاﻋﻪ‬- ٥٣
( Thousand Tons ) ( )
2008 2008
During 2003/2004 2004/2005 2005/2006 2006/2007
March April May June July August Sept. Oct. Nov.
Production : ‫א‬
Cement ( grey - white ) 28742 29308 35588 37084 3423 3407 3289 3313 3319 3486 2781 3057 ( )
Clinker (grey)* .. .. 34245 35870 2851 3077 3178 3039 3245 3094 3311 3296 *
Domestic Sales (Executed) :( ‫)א‬ ‫א‬ ‫א‬
Cement ( grey - white ) 24457 24948 29804 32108 3343 3324 3150 3243 3436 3370 2548 2744 ( )
Clinker (grey) .. .. .. .. .. .. .. 74 175 129 175 101
Exports : ‫א‬ ‫א‬
Cement ( grey - white ) 4390 .. 6145 5711 225 64 88 109 77 74 42 151 ( )
Clinker (grey)* 6852 .. 2536 2327 10 0 0 0 0 0 0 0 *
Average Prices ‫א‬
(Cairo/ Giza/ Qalyubia) ( ‫א‬/ ‫א‬/ ‫א‬ )
Beginning of the month 410/445 412/526 400/425 390/425 413/450 430/475 420/455 417/435 ‫א‬
End of the month 433/540 400/450 390/412 410/430 430/448 442/470 418/450 410/433 ‫א‬
Source: The Ministry of Investment . . ‫א א‬ : ‫א‬
.. Not available. . ‫א‬ ..
* A semi-finished product used in cement manufacturing ( 85% limestone and 15% silt ) representing 75% of production stages and cost . . ‫א‬ ‫א‬ ٪٧٥ ( ٪١٥ ، ٪٨٥ ) ‫א‬ ‫א‬ *
- 138 - - 137 -
54 - Total Iron Production, Sales and Domestic Prices* by Main Egyptian Companies ‫ إﺟﻤﺎﻟﻲ اﻻﻧﺘﺎج واﻟﻤﺒﻴﻌﺎت واﻻﺳﻌﺎر اﻟﻤﺤﻠﻴﺔ* ﻟﻠﺤﺪﻳﺪ ﻷهﻢ اﻟﺸﺮآﺎت اﻟﻤﺼﺮﻳﺔ‬-٥٤
( thousand tons ) ( )
2001 2002 2003 2004 2005 2006 2007 2008

Month ( / ) ( / ) ( / ) ‫א‬
Production Sales Production Sales Production Sales Production Sales Production Sales Production Sales Price (LE/ ton) Production Sales Price (LE/ ton) Production Sales Price (LE/ ton)
January 136.8 163.2 139.7 191.4 116.0 237.2 230.4 171.7 254.4 183.3 252.9 159.0 2596 278.4 252.4 3070 294.8 280.6 3779
February 118.1 190.9 134.2 146.9 158.1 199.9 213.3 164.5 269.8 180.0 217.1 233.2 2596 242.9 219.0 3220 261.9 242.8 4150 ‫א‬
March 127.4 183.0 119.0 167.4 160.8 193.5 271.2 188.3 262.8 268.5 272.5 283.8 2646 269.5 263.5 3220 250.8 254.1 4530
April 124.6 197.5 129.1 200.9 144.4 167.4 266.9 168.2 270.5 211.4 263.0 225.5 2780.4 263.5 255.6 3450 239.9 242.3 5080
May 126.4 240.8 125.7 211.9 208.6 159.5 295.2 143.2 260.9 216.3 258.6 185.7 2906.0 255.7 244.3 3530 251.4 269.6 5700
June 114.6 220.8 135.8 193.5 203.0 195.1 281.2 166.5 262.1 210.6 254.2 258.3 3011.4 279.4 244.9 3530 274.9 274.5 5700
July 130.4 219.0 132.2 165.4 227.4 214.3 230.3 242.9 264.0 234.6 250.7 174.0 3080.0 289.4 258.6 3530 302.5 295.9 6250
August 104.4 194.4 122.0 143.0 214.2 200.0 237.6 187.2 261.3 245.6 272.2 139.9 3080.0 290.0 266.4 3530 284.1 273.2 6630
September 99.2 168.3 135.0 134.9 207.1 180.9 220.0 168.6 266.3 237.2 258.5 238.2 2930.0 256.4 239.2 3530 239.7 216.5 5950
October 119.5 208.0 134.4 199.8 229.7 185.4 230.8 164.5 267.7 143.5 244.9 221.0 2930.0 281.4 225.6 3530 278.2 228.3 4990
November 127.3 208.3 147.8 182.9 213.8 172.1 204.0 152.7 240.4 197.3 252.3 222.6 3000.0 254.5 261.5 3530
December 139.1 195.6 146.8 230.1 254.7 202.6 242.9 179.3 271.8 193.4 247.9 181.6 3070.0 286.7 251.8 3530
Source : The Ministry of Investment - Ezz Steel Rebars ( prices ) . .( ) ‫א‬ ‫א‬ − ‫ א א‬: ‫א‬
- The data covers the Egyptian Iron and Steel Co., El Ezz Dekheila Steel Co. (EZDK), Delta Steel Mill Co. and .( ‫א‬ ‫א‬، ‫א‬، ‫א‬ ، ‫א‬ ‫א‬ ‫)א‬ ‫א‬ −
Ezz Steel Rebars.
* Prices of 16-mm rebars. The prices of October 2008 represent the average iron prices in the Egyptian market, . ‫א‬ ‫א א‬ ‫א‬ ‫א‬ ‫א‬ ٢٠٠٨ ، ١٦ *
according to the Ministry of Trade and Industry.
- 140 - - 139 -
55 - Number of Tourists & Nights Spent ‫א‬ ‫א‬ − ٥٥
(Thousand) ( )
2007 2007
During 2002/2003 2003/2004 2004/2005 2005/2006 2006/2007 * *
June July Aug. Sept. Oct. Nov. Dec.
Number of Tourist Arrivals 5239 7512 8650 8693 9788 743 952 990 841 1130 1102 1025 ‫א‬ ‫א‬
- European Countries 3469 4965 5983 5818 6690 475 555 597 554 818 847 742 ‫א‬ ‫א‬−
East Europe 733 1205 1432 1620 2187 135 174 158 176 353 411 328
West Europe 2736 3760 4551 4198 4503 340 381 439 378 465 436 414
- Middle East Countries 1179 1736 1743 1834 1860 157 281 275 120 174 125 149 ‫א‬ ‫א‬ −
- African Countries 168 221 258 280 342 33 34 35 39 37 30 29 ‫א‬ ‫א‬−
- Americas 168 237 276 325 356 35 35 35 49 43 39 41 ‫א‬ −
- Asia & the Pacific 253 349 386 432 534 43 47 47 79 56 57 57 ‫א‬ −
- Other Countries 2 4 4 4 6 .. .. 1 0 2 4 7 −
Number of Tourist Nights (Departures) 33011 73002 85730 85113 96270 7066 8921 13906 10684 10240 12324 9577 ‫א‬ ‫א‬
- European Countries 22399 46182 55631 52987 59641 4174 4948 6850 5569 7423 9671 6733 ‫א‬ ‫ א‬−
East Europe 4022 11266 13333 14727 19427 1271 1340 1444 1269 2967 4811 2571
West Europe 18377 34916 42298 38260 40214 2903 3608 5406 4300 4456 4860 4162
- Middle East Countries 7213 18297 20249 21223 23396 1546 2261 5096 3002 1447 1346 1588 ‫א‬ ‫א‬ −
- African Countries 1106 2553 3101 3434 4418 657 592 653 628 371 343 336 ‫א‬ ‫א‬−
- Americas 1164 3149 3605 4046 4591 373 700 666 699 420 444 417 ‫א‬ −
- Asia & the Pacific 1117 2762 3088 3357 4154 311 414 630 780 541 408 440 ‫א‬ −
- Other Countries 12 59 56 66 70 5 6 11 6 38 112 63 −
Number of Tourists (Departures) 4887 7053 8206 8181 9156 675 809 1049 835 986 1084 900 ‫א‬ ‫א‬
Average Stay for Departures ( Night ) 6.8 10.4 10.4 10.4 10.5 10.5 11.5 13.3 12.8 10.4 11.4 10.6 ( ) ‫א‬
Source: Central Agency for Public Mobilization and Statistics (CAPMAS). . ‫א‬ ‫א‬ ‫א‬ ‫א‬: ‫א‬
* Source: Ministry of Tourism. . ‫ א א‬: ‫א‬ *
.. Less than one thousand. . ‫א‬ ‫א‬ ..
- 142 - - 141 -
‫ﻣﻌﺪل اﻟﻨﻤﻮ اﻟﺤﻘﻴﻘﻰ ﻓﻰ اﻟﻨﺎﺗﺞ اﻟﻤﺤﻠﻰ اﻻﺟﻤﺎﻟﻰ ﺑﺘﻜﻠﻔﺔ ﻋﻮاﻣﻞ اﻻﻧﺘﺎج‬ ‫ وأﺳﻌﺎر اﻟﻤﻨﺘﺠﻴﻦ‬، (‫ﻣﻌﺪل اﻟﺘﻀﺨﻢ اﻟﺴﻨﻮى وﻓﻘًﺎ ﻟﻸرﻗﺎم اﻟﻘﻴﺎﺳﻴﺔ ﻷﺳﻌﺎر اﻟﻤﺴﺘﻬﻠﻜﻴﻦ )ﺣﻀﺮ‬
%
Real GDP Growth Rate at Factor Cost % Annual Inflation Rate According to CPI (Urban) & PPI
8.0 36.0
7.5 32.0
7.0 28.0
6.5 24.0
20.0
6.0
16.0
5.5
12.0
5.0
8.0
4.5 4.0
4.0 0.0
06
8
07
07
08
08
il
il
t
ay
ay
ly
.
b.
ch
ov t.
Ja ec.
b.
ch
ov t.
ug
00
00
pt
pt
ec
us
pr
pr
l
c
20
Ju
Ju
20
n-
n-
n-
Fe
Fe
3.5
M
O
O
ar
ar
Se
Se
.2
.2
D
D
A
A
ug
Ju
Ju
Ja
.
M
n.
ov
A
N
N
3.0
2003/2004 2004/2005 2005/2006 2006/2007 2007/2008 July / Sept. Consumer Prices Producer Prices
2008/2009
‫ﻋﺪد اﻟﺴﺎﺋﺤﻴﻦ واﻟﻠﻴﺎﻟﻰ اﻟﺴﻴﺎﺣﻴﺔ و اﻟﺴﺎﺋﺤﻴﻦ اﻟﻤﻐﺎدرﻳﻦ‬ Nights

‫ﻣﻌﺪل اﻟﺒﻄﺎﻟﺔ‬ Thousand
Tourist Arrivals, Nights & Departures (Thousand)
%
Unemployment Rate 1200 16000
12.0
14000
1000
11.0 12000
800
10000
10.0
600 8000
6000
9.0 400
4000
8.0
200
2000
0 0
7.0
6
07
.
.
ay
ne
ly
ay
ne
ly
M .
n. .
M .
.
il
il
.
ch
ch
b
ug
ug
pt
ov
Ja ec
pt
ov
ec
00
ct
ct
pr
pr
Ju
Ju
20
Fe
Fe
M
M
Ju
Ju
O
O
ar
ar
Se
Se
D
D
2
N
A
A
A
A
n.
Ja
6.0 Arrivals ‫اﻟﺴﺎﺋﺤﻴﻦ اﻟﻘﺎدﻣﻴﻦ‬ Departures ‫اﻟﺴﺎﺋﺤﻴﻦ اﻟﻤﻐﺎدرﻳﻦ‬ Nights ‫اﻟﻠﻴﺎﻟﻰ اﻟﺴﻴﺎﺣﻴﺔ‬
94/95 95/96 96/97 97/98 98/99 99/2000 2000/01 01/02 02/03 03/04 04/05 05/06 06/07 07/08
- 144 - - 143 -
CENTRAL BANKOF EGYPT
Monthly Statistical Bulletin
Volume No. (142) – January 2009
Research, Development and Publishing Sector

Website: www.cbe.org.eg
Periodical Publications of the Central Bank of Egypt
Name of Publication Language Periodicity
1 -Monthly Statistical Bulletin Arabic and English Monthly
2 -Economic Review Arabic and English Quarterly
3 -Annual Report Arabic and English Every fiscal year
4 -External Position of the English Quarterly

Egyptian Economy
Notes:
- All publications of the Central Bank of Egypt are available on the CBE's
website : www.cbe.org.eg
- To obtain a hard copy of any publication by mail, please write to the

following address: Research, Development and Publishing Sector, the
Central Bank of Egypt, 31 Kasr El Nil St. Cairo.
Central Bank of Egypt Central Bank of Egypt
Contents
18 Stock Exchange 55-58
- Summary of Main Developments 151-155 19 Gross and Net International Reserves with CBE 59-60
- Definitions and Terminology 145-150 20 Official Reserves and Foreign Currency Liquidity 61-68
- Main Macroeconomic Indicators 11-20 ● Graphs 69-73
- Tables and Graphs 21-144
External Sector
Financial & Monetary Sector 21 Balance of Payments 75-78
1 Reserve Money and Counterpart Assets 21-22 22 Proceeds of Merchandise Exports by Degree of Processing 79-80
2 Banking Survey: Domestic Liquidity and Counterpart Assets 23-24 23 Payments for Merchandise Imports by Degree of Use 81-82
3 Banking Survey: Deposits (Except CBE) 25-26 24 Exports by Geographical Distribution 83-84
4 Banking Survey: Domestic Credit 27-28 25 Imports by Geographical Distribution 83-84
5 Banking Survey: Foreign Assets & Liabilities 29-30 26 Egypt’s Volume of Trade with Its Main Trade Partners 85-86
6 Banking Survey: Net Balancing Items 29-30 27 Free Zones Transactions with the Rest of the World 85-86
7 Aggregate Financial Position of Banks (Except CBE) 31-32 28 Main Exports by Geographical Distribution 87-88
8 Bank Credit Facilities (Except CBE) 33-34 29 Main Imports by Geographical Distribution 87-88
9 Bank Loans (Except CBE) 35-36 30 Main Merchandise Balances 89-90
10 Discounted Bills at Banks (Except CBE) 37-38 31 Services Balances 91-92
11 Securities Portfolio at Banks (Except CBE) 39-40 31/1 Traffic in the Suez Canal 91-92
12 Banknote Issue & Currency in Circulation 41-42 32 Remittances of Egyptians Working Abroad by Country 93-94
13 Activity of Clearing Houses & Local SWIFT Service 43-44 33 Net Foreign Direct Investment (FDI) in Egypt by Country 95-96
14 Indicators of Bank Performance 45-46 34 External Debt 97-98
15 Discount and Interest Rates 47-50 35 External Debt by Debtor 99-100
16 Daily Exchange Rates for the Last Month (in LE per Foreign Currency Unit) 51-52 ● Graphs 101-104
17 Weekly Exchange Rates (in LE per Foreign Currency Unit) 53-54

Central Bank of Egypt
Fiscal Sector
36 Consolidated Fiscal Operations of the General Government 105-110
37 Total Domestic Debt 111-112
38 Treasury Bills Outstanding Balances 113-114
39 Treasury Bills Outstanding Balances by Holding Sector 113-114
40 Outstanding Balances of Treasury Bonds Listed on the Stock Exchange 115-116
● Graphs 117-118
Real Sector
41 Population, Labor Force, Employment, Wages and Unemployment 119-120
42 Domestic Price Indicators 121-122
43 GDP at Factor Cost by Economic Activity (Constant Prices) 123-124
44 GDP at Factor Cost by Economic Activity (Current Prices) 125-126
45 GDP by Expenditure (Constant Prices) 127-128
46 GDP by Expenditure (Current Prices) 127-128
47 Implemented Investments 129-130
48 Total Domestic Production by Economic Activity (Constant Prices) 131-132
49 Total Domestic Production by Economic Activity (Current Prices) 131-132
50 Output of Main Crops 133-134
51 Output of Main Industrial Products 135-136
52 Production & Consumption of Electricity 137-138
53 Production, Local Sales & Exports of Cement (All Types) 137-138
54 Total Iron Production and Sales of Main Egyptian Companies 139-140
55 Number of Tourists & Nights Spent 141-142
● Graphs 143-144
Summary of Main Developments Banks' Credit Balances
Banks’ credit balances went up by LE 27.5 billion or 6.8% during July/Nov. 2008/2009. The
First: Financial and Monetary Sector private business sector accounted for 68.7% of the total non-government credit balances at the end of
Nov. 2008. (see table 8)
-Reserve Money (M0) and Counterpart Assets Non-government credit balances by economic activity at the end of Nov. 2008 ran as follows:
32.3% for the manufacturing sector, 26.1% for services, 15.7% for trade, 1.8% for agriculture and
Reserve money (M0) declined by LE 6.1 billion or 3.6% during July/November 2008/2009. This 24.1% for unclassified sectors (including the household).
was a result of the decline in banks' deposits in local currency with the CBE by LE 15.8 billion and the
increase in the currency in circulation outside the CBE by LE 9.7 billion. (see table 1) - Monetary Policy
In its meeting held on December 25, 2008, the Monetary Policy Committee (MPC) decided to
The decline in counterpart assets was an outcome of the decrease of LE 72.8 billion in net claims maintain the overnight deposit and overnight lending rates at 11.5 percent and 13.5 percent,
on banks, on the one hand and the rise of LE 10.7 billion in net claims on the government, LE 1.8 billion respectively. The discount rate was also maintained at 11.5 percent per annum.
worth in net foreign assets and the decline of LE 54.2 billion in the negative balance of net balancing
While domestic food prices declined, annual headline CPI inflation continued to be high at 20.3
items, on the other.
percent in November 2008 compared to 20.2 percent in October driven by the rebound in non-food
inflation.
- Banking Survey: Domestic Liquidity (M2) and Counterpart Assets
While most of the upside risks to inflation have eased on the back of the improving outlook
Domestic liquidity (M2) amounted to LE 784.8 billion at the end of Nov. 2008, with an increase of for international commodity prices in light of the projected slowdown in global economic activity and
LE 18.1 billion or 2.4% during July/ Nov. 2008/2009. This was a result of the pick-up in money supply the consequent moderation in domestic economic growth, the current inflation rates remain elevated.
(M1) by LE 5.7 billion or 3.3% and in quasi-money by LE 12.4 billion or 2.1%. (see table 2) Against this background, the MPC judges that keeping the policy rate unchanged this time is
The pick-up in money supply (M1) was attributable to the rise in the currency in circulation outside needed to support disinflation. Nonetheless, as inflation is projected to decline significantly over the
the banking system by LE 9.1 billion or 8.7% and the decline in demand deposits in local currency by LE coming months, the scope to move towards a less restrictive monetary policy stance in the period ahead
3.4 billion or 5.2%. On the other hand, the rise in quasi-money was ascribable to an increase in time and is increasing in order to prevent economic growth from falling below its potential.
saving deposits in local currency by LE 5.1 billion or 1.2% and in foreign currency deposits by the - Interest and Exchange Rates
equivalent of LE 7.3 billion or 4.6%. In this context, total deposits in local currency (demand and time &
saving) posted LE 503.9 billion or 75.1% of total non-government deposits at the end of Nov. 2008. As for interest rates on deposits accepted by the CBE during December 2008, auctions were
held for deposits with maturities ranging between 6 and 14 days and interest rates between 11.576%
Counterpart Assets and 11.689% (see table 15). The interest rates on interbank transactions, showed a downward trend for
all maturities during December 2008, compared with November 2008. (see table 15 contd.)
Net Foreign Assets
Table (16) illustrates the developments in the daily exchange rates of foreign currencies (market
Net foreign assets of the banking system fell by LE 56.6 billion worth or 18.7% during July/ Nov. and interbank rates) during December 2008. The weighted average of the US dollar in the interbank
2008/2009. This was a result of the drop in net foreign assets of banks and the increase in those of the foreign currency market decreased by 0.1% to pt 551.4 at the end of the month, against pt 551.7 at the
CBE. (see table 5) beginning of the same month. As for market rates, the exchange rate of the Swiss franc increased by
13.2%, the euro by 10.3%; the Japanese yen by 3.6%, and the Chinese yuan by 0.9%. On the other
Net Domestic Assets hand, the exchange rates of the following currencies declined: the pound sterling by 2.7%; the Kuwaiti
dinar by 1.0%; the Saudi riyal by 0.1%; the US dollar by 0.02%; and the UAE dirham by 0.01% .
Net domestic assets rose by LE 74.7 billion or 16.2% during July/Nov. 2008/2009. This was an
outcome of the increase in both the domestic credit by LE 76.7 billion or 13.4% and the negative balance Table (17) shows the developments in the foreign currencies exchange rate and interbank rates, on
of net balancing items by some LE 2.0 billion or 1.8%. a weekly basis, according to the last working day of every week.
The increase in domestic credit was a result of the rise in net claims on the government by LE 55.4 - Gross & Net International Reserves with the CBE, and Official Reserves & Foreign Currency
billion, on the private business sector by LE 11.4 billion, on the household sector by LE 7.9 billion and on
Liquidity
the public business sector by LE 2.0 billion. (see table 4)
NIR fell by US$ 0.5 billion or 1.3% during July/December 2008/2009, to US$ 34.1 billion at the
- Aggregate Financial Position of Banks (Excluding the CBE) end of December 2008, thereby covering 6.7 months of merchandise imports. (see table 19)
The aggregate financial position of banks, excluding the CBE, fell by LE 14.4 billion or 1.3% during Official reserves and foreign currency liquidity reached US$ 33.8 billion at the end of Nov.
July/ Nov. 2008/2009, to reach LE 1068.9 billion at the end of Nov. 2008. (see table 7) 2008, with a decline of US$ 0.6 billion as compared with the end of Oct. 2008, whereas other foreign
currency assets decreased by US$ 0.3 billion, to US$ 0.8 billion at the end of Nov. 2008. (see table 20)
-155 – - 154 -
LE Interest Rates :
It is to be noted that the interest rates on deposits and loans in this Bulletin are calculated on the Net Profits / Equities :
basis of the average rates of all banks, because the rates differ from one bank to another. Net profits of the last fiscal year, relative to total shareholders’ equities at the end of that year.
Interbank Interest Rates:

Net Profits / Average of Assets :
They represent the average interest rates on local currency bank deposits with other banks.
Net profits of the last fiscal year, relative to the monthly average of total assets during the year.
Interest Rates on Three Month Deposits :
They represent the average interest rates per annum on customers' deposits with banks. Securities / Total Assets :
Investments of banks in shares, bonds and mutual funds’ documents, relative to total assets at the
Interest Rates on Loans of One Year or Less :
end of the reporting period.
They represent the average interest rates per annum determined by banks on credit facilities
and loans granted to their customers.
Total Deposits / Total Assets :
Interest Rates on TB Repos : The balances of customers' deposits relative to total assets at the end of the reporting period.
They are determined through auctions carried out between the CBE and banks, to absorb
liquidity from or pump liquidity into the market. Total Loans / Total Deposits :
The balances of customers' loans relative to balances of customers' deposits at the end of the
Indicators of Banks' Performance:
reporting period.
Equities / Total Assets :
Shareholders' equities (paid-up capital, reserves and retained profits) relative to total assets at
the end of the reporting period.
Gross Official Reserves (GOR): They represent the total foreign assets available with the CBE and
invested abroad (with non-residents). They are composed of gold (on the basis of its evaluation at end of
Loans Provisions / Total Loans : the fiscal year), SDRs, foreign portfolio investment, deposits with correspondents abroad, payment
The funds appropriated by banks to face credit risks, charging on the income statements, in agreements with some countries, and reserves position in the IMF.
compliance with the CBE instructions, relative to total loans at the end of the reporting period.
Net International Reserves (NIR): They represent gross official reserves minus short-term foreign
Total Provisions / Total Assets : liabilities.
The funds appropriated by banks to face credit risks and other potential risks and claims,
charging on the income statements, relative to total assets at the end of the reporting period. Official Reserve Assets and Other Foreign Assets: They include the actual balances of the official
reserve assets and other foreign currency assets. Official reserve assets are composed of foreign
currencies (securities & deposits), reserve position in the IMF, SDRs, gold evaluated at market price,
Net Income from Returns / Average of Assets :
other reserve assets (specifically) such as derivatives, and non-banking loans (non-resident). As for
Total returns from loans and balances with banks, T-bills and bonds, excluding the costs of other foreign currency assets (Item b), they include securities, deposits, loans, derivatives, gold, and
deposits and borrowing during the relevant period, weighed for a whole year, and relative to the other similar items which are not included in the official reserve assets. These assets represent foreign
monthly average of total assets during the reporting period. currency balances, of liquid nature, that are readily available to the monetary authorities (claims on
residents or non-residents). In this respect, official reserve assets differ from the notion of net
Earnings Excluding Returns / Average of Assets : international reserves. Upon this consideration, balances of contributions to international and regional
Total commissions, banking service fees, dividends of shares and mutual funds’ documents, organizations and the payment agreements with some countries were excluded, being as "not readily
profits (losses) of foreign exchange operations, profits (losses) of selling financial investments and available assets".
other operations' earnings, weighed for a whole year, and relative to the monthly average of total
assets during the reporting period.
-149 - -148-
- External Debt
Second: External Sector
- Balance of Payments External debt decreased by about US$ 1.4 billion, to US$ 32.5 billion at the end of Sept. 2008, as
compared with the end of June 2008. This was an outcome of the depreciation of most currencies of
During the first quarter of FY 2008/2009, the BOP ran an overall surplus of US$ 0.5 billion, borrowing against the US dollar by US$ 1.3 billion worth, on the one hand, and the net repayment of US$
against US$ 1.2 billion during the previous FY (see table 21). This was ascribed to a net inflow of US$ 2.2 0.1 billion of loans and facilities (principal repayments of about US$ 0.7 billion and disbursements of
billion in the capital and financial account (against US$ 1.7 billion) and a current account deficit of US$ about US$ 0.6 billion), on the other. External debt service increased by US$ 0.1 billion to US$ 0.9 billion
1.0 billion (against US$ 0.1 billion). during July/Sept. of FY 2008/2009, compared with the preceding FY. The ratio of debt service/current
receipts (including transfers) improved to 5.4% against 5.8%, due to the 24.6% increase in current receipts
The net inflow of the capital and financial account was attributed to the net inflow of US$ 1.7 during July/Sept. of FY 2008/2009. The debt balance as a percentage of GDP represented 16.1% at the
billion achieved by FDI in Egypt (against US$ 3.0 billion during the previous FY). Portfolio investment in end of September 2008 against 20.1% at the end of June 2008. (see table 34)
Egypt recorded a net outflow of US$ 3.5 billion (against US$ 1.4 billion), including an amount of US$ 3.0
billion of foreigners' net dealings in Egyptian TBs (outflows), representing about 87.3% of net outflows, Third: Fiscal Sector
US$ 0.4 billion of foreigners' net sales on the Egyptian Stock Exchange (outflows) and US$ 0.1 billion of
foreigners' net dealings in Egyptian bonds and notes. Moreover, other assets and liabilities achieved a net - Consolidated Fiscal Operations of the General Government
inflow of some US$ 4.9 billion (against US$ 0.6 billion during the period of comparison). Transactions on A follow-up of the consolidated fiscal operations of the general government (budget sector, NIB
medium- and long-term external borrowing revealed net repayments of US$ 0.5 billion against US$ 0.4 and SIFs) during July/Sept. of FY 2008/2009 shows that total revenues reached about LE 43.9 billion and
billion. total expenditures some LE 66.7 billion. Accordingly, the cash deficit reached some LE 22.8 billion.
The current account deficit was due to the 34.6% rise in the trade deficit, to reach US$ 7.0 billion, When adding the net acquisition of financial assets (some LE 2.3 billion), the overall deficit reaches some
exceeding the surplus realized on the services balance and net unrequited transfers. The services surplus LE 25.1 billion. (see table 36)
rose by 34.4% to US$ 4.1 billion (against US$ 3.0 billion), as an outcome of the increase in service
receipts by 22.6% to some US$ 7.4 billion and service payments by 10.8% to some US$ 3.4 billion. - Budget Sector
Likewise, unrequited transfers slightly declined by 3.7% to US$ 1974.0 million (against US$ 2049.0 A follow-up of the fiscal operations of the budget sector (the administrative system, local
million); as an outcome of the fall of 2.1% in private transfers (mainly remittances of Egyptians working administration and service authorities) during July/Sept. of FY 2008/2009 reveals that total revenues
abroad) and of 31.2% in official transfers. reached around LE 42.7 billion and total expenditures some LE 65.1 billion. Accordingly, the cash deficit
reached nearly LE 22.4 billion. With the addition of the net acquisition of financial assets (LE 367
million), the overall budget deficit amounts to some LE 22.8 billion. (see table 36)
- Merchandise Transactions
- Gross Domestic Public Debt
The volume of Egypt's foreign trade (total merchandise exports and imports) reached some US$
23.3 billion, up by 35.8% during July/Sept. of FY 2008/2009, compared with the preceding FY. The USA Domestic public debt totaled some LE 699.8 billion at the end of September 2008, of which the
was the main trade partner, accounting for 19.5% of the total volume. Meanwhile, the ratios of trade with government debt represented 73.2%, economic authorities debt 7.3%, and NIB debt 19.5%. The balance of
other partners ranged between 7.7% and 2.8%, and recorded 32.9% with the rest of the world. government domestic debt totaled about LE 512.6 billion at the end of September 2008, up by LE 33.9
billion as compared with the end of June 2008. Debt of public economic authorities reached about LE 50.7
Export Proceeds: billion, with a rise of LE 0.6 billion. NIB debt (net) reached LE 136.5 billion, down by LE 0.8 billion. (see
Merchandise exports amounted to about US$ 8.2 billion, with an increase of 36.3% due to the table 37)
pick-up of 62.9% in the proceeds of oil exports to about US$ 4.1 billion, and a rise of 16.9% in non-oil
exports to some US$ 4.1 billion. As a result, the ratio of export proceeds to GDP increased to 4.0%. Fourth: Real Sector
Import Payments: - Production and GDP
Import payments mounted by nearly US$ 4.0 billion or 35.5%, owing to the rise in the imports of Total domestic production (at constant prices) reached some LE 317.8 billion during the first
all commodity groups, particularly intermediate, investment and consumer goods. The rise in these groups quarter of FY 2008/2009, against LE 300.8 billion, with a growth rate of 5.6% as compared with the
accounted for 83.2% of the total increase in imports. The imports/GDP ratio reached 7.4%. previous FY (see table 48). Likewise, it achieved around LE 408.1 billion (at current prices), against LE
331.1 billion, realizing a growth rate of 23.3% as compared with the preceding FY. (see table 49)
Geographical Distribution of Exports and Imports:
On the other hand, GDP (at constant prices and factor cost) amounted to some LE 200.7 billion
The EU countries ranked first as a market for Egyptian exports, accounting for 34.0% of the total. during the first quarter of FY 2008/2009, against LE 189.5 billion, with a growth rate of 5.9%. The main
Exports to these countries were mainly crude oil and products, cast iron, electric machines and appliances, contributors at sectoral level were extractions; manufacturing; agriculture and irrigation; wholesale and
cotton textiles, pharmaceuticals, iron and steel products, ready-made clothes and aluminum articles. retail trade; construction and building; and Suez Canal (see table 43). Meanwhile, GDP (at current prices
Ranking second, the USA chiefly imported crude oil and products, cement, fertilizers, air conditioners, and factor cost) grew at a rate of 25.8% to some LE 263.1 billion during the first quarter of FY 2008/2009,
electric machines and appliances, cast iron, miscellaneous edible preparations and organic and inorganic against LE 209.1 billion in the previous FY. (see table 44)
chemicals. The EU countries were also the main exporter to Egypt, with a share of 36.1% (mainly crude
oil and products, iron and steel products, organic and inorganic chemicals, pharmaceuticals and animal
and vegetable fats, greases and oils). The Asian countries came next, exporting mainly car spare parts and
accessories, animal & vegetable fats, greases and oils, cars and ready-made clothes.
-153- -152 -
GDP (at market and constant prices) reached about LE 209.5 billion during the first quarter of FY Definitions and Terminology
2008/2009, with a growth rate of 5.8% (see table 45). On the other hand, GDP (at market and current
prices) posted about LE 274.6 billion during the same period, with a growth rate of 25.8%. (see table 46) I : Financial Sector
Banking System :
- Implemented Investments It includes the CBE and the banks registered therewith.
During the first quarter of FY 2008/2009, total implemented investments reached around LE 43.5 Reserve Money (M0) :
billion, with a growth rate of 29.7% as compared with the previous fiscal year. Of this amount, the private It is composed of money in circulation outside the CBE and local currency deposits of banks
business sector implemented around 70.4%, the government sector about 15.8%, economic authorities
therewith. It is considered the base of money in its broader definition, and is also known as the monetary
4.3%, and public companies 9.5%. (see table 47)
base or high-powered money. It is used as an intermediate operational target of the monetary policy in
- Inflation the management of domestic liquidity (M2). Reserve money and counterpart assets represent another
classification for the items of the CBE financial position.
According to the CPI (urban), the annual inflation rate reached 20.3% in November 2008 as
compared with November 2007. This was ascribed to the increases in the price indices of all CPI groups. Banking Survey:
The monthly inflation rate fell by 0.1% in November 2008 compared with October 2008. (see table 42) Also known as the monetary survey, it represents the consolidated balance sheet of the banking
system (including the CBE) classified as domestic liquidity (the amount of money in its broader
According to the PPI, inflation recorded 5.1% on an annual basis in November 2008 compared
with November 2007. The monthly inflation rate abated by 5.5% in November 2008 compared with definition (M2) on the one side, and net foreign and domestic assets (including net unclassified assets
October 2008. (see table 42) and liabilities) on the other side.
Domestic Liquidity (M2) :
- Gold
It is composed of money supply (M1), and quasi-money.
In November 2008, the price of the gold pound decreased by 6.7% compared with October 2008,
reaching about LE 945.2. Meanwhile, the 21 KT gold/gram reached some LE 118.2, and the 18 KT Money Supply (M1) :
gold/gram around LE 101.3. (see table 42) It is composed of money in circulation outside the banking system, i.e. with the public, and non-
government demand deposits in local currency- minus the balances of purchased cheques and drafts-
with all the banking system units.
- Electricity
Quasi-money :
In November 2008, total generated and purchased electricity decreased by 4.7% as compared with It is composed of non-government time and saving deposits in local currency; non-government
October 2008. This was an outcome of a decline of 2.6% in generated electricity and of 21.9% in the
electricity purchased from the investment projects producing power. Distribution of utilizations (92.1% of foreign- currency demand deposits (minus purchased cheques and drafts); and non-government time and
total generated and purchased electricity) indicates that industry used 33.2%, business 3.1%, household saving deposits in foreign currencies, with all the banking system units.
38.8%, and others 24.0%. In the meantime, around 0.9% was sold to the international electrical
Net Foreign Assets :
interconnection countries. (see table 52)
This item represents banking system assets owed by non-residents, minus its liabilities thereto. The
change in this item represents net transactions of the banking system (including the CBE) with the
- Cement foreign sector in the relevant period.
In October 2008, cement output increased by 9.9% as compared with September 2008, while grey Domestic Credit :
clinker output declined by 0.5%. In addition, the executed local sales of cement (grey-white) rose by 7.7%
It represents claims of the banking system on domestic sectors. These claims are composed of
and its exports by 259.5%. On the other hand, no exports of grey clinker have been made since April
2008. (see table 53) portfolio investment and credit facilities (in local and foreign currencies) granted to these sectors by the
banking system. The government's deposits with the banking system are excluded from the banking
system claims on the government, due to the nature of these deposits which differs from that of other
- Iron
sectors' deposits.
Total output of iron ore went up by 16.1% in October 2008, as compared with September 2008.
Likewise, total sales of iron increased by 5.5%. On the other hand, iron price dropped by 16.1% in Lending and Discount Rate:
October 2008 compared with September 2008. (see table 54) It represents the interest rate on credit facilities granted by the CBE to banks whether in the form of
loans and advances or rediscounted bills held with banks according to the terms and conditions
determined by the CBE.
-151 – - 150-
Short-term External Debt :
It represents the financial obligations owed by residents to non-residents, in foreign currencies, for
a maturity up to one year. The main components of this type of debt are non-resident deposits, banking
facilities, loans & credit facilities, and overdrafts.
Non-guaranteed External Debt of the Private Sector :
It represents medium-and long-term loans and facilities – with maturities of more than one year –
acquired by the private sector units resident in Egypt from non-residents, and whose banking procedures
are undertaken through a bank other than the four public sector banks. The guaranteed debts are those
whose banking procedures are carried out through one of the four public sector banks, and are included
into the data of long - and medium-term suppliers' and buyers' credit.
III : Fiscal Sector and Domestic Debt
Consolidated Fiscal Operations of the General Government :

These operations are divided into :
Section I : covering the budget sector and showing a statement of public revenues and expenditures,
the overall surplus/deficit in the government finance (the administrative system, local administration
and service authorities) and sources of financing. The government fiscal operations include - according
to the international concepts - on the revenues side, tax and non-tax revenues (property income; the
proceeds from selling goods and services; financing investment and other revenues) and grants; and on
the expenditures side, compensations of employees; purchases of goods and services; domestic and
foreign interest; subsidies, grants and social benefits; purchases of non-financial assets (investments)
and other expenditures.
Section II : covering section I and the fiscal operations related to the National Investment Bank and
the SIFs. Thus, Section II is a summary of the consolidated fiscal operations of the general government.
Domestic Debt Owed by the Government :
It represents the outstanding balance of government bonds and bills; the net balance of the
government accounts with the banking system and the government debt balance with the National
Investment Bank on 30/6/2006.
Domestic Debt Owed by the Economic Authorities :
It represents their debt balance with the National Investment Bank, and their net balance of
accounts with the banking system.
Domestic Debt Owed by the National Investment Bank :
It represents the resources acquired by the Bank from the social insurance funds, postal saving
accounts, proceeds of investment certificates, and US dollar development bonds, minus the balances of
debts owed by the government and the economic authorities to the Bank, and its credit position with
banks.
- 145–
- Investment Income Payments whose items are mainly represented in interest payments of loans,
II : External Sector external facilities and deposits of non-residents. They also include returns on FDI and portfolio
Balance of Payments : investment transferred abroad.
It is a statistical statement recording economic transactions conducted between the domestic Net Transfers :
economy (resident) and the foreign sector (non-resident) in a specified period of time. Economic They represent private transfers, mainly workers’ remittances as well as official transfers including
transactions carried out between residents and non-residents include the transactions of goods, services grants and donations from/to abroad.
and income, the transactions classified under unrequited transfers, such as grants, and the transactions of
Capital and Financial Account :
financial assets and liabilities with the foreign sector. Transactions of the balance of payments are
It refers to all types of capital transactions. It also includes two main elements: namely the capital
divided into two groups: current transactions, and capital and financial transactions. The BOP is account and the financial account. As to the capital account, it records capital transfers which consist of
compiled according to the Fifth Edition of the BOP Manual issued by the IMF (September 1993). The transfers that entail a change in the ownership of fixed assets or forgiveness of foreign debt. It also
main indicators that can be derived from the BOP are the trade balance position, commodity includes the acquisition or disposal of intangible assets such as the goodwill and intellectual property
exports/commodity imports coverage ratio, the position of the current account and its ratio to GDP, the rights. Concerning the financial account, it records the transactions of the economy on foreign assets,
overall deficit (surplus) and its ratio to GDP, the ratio of errors and omissions to commodity and external financial obligations. These include FDI, portfolio investment and other investments (e.g.
transactions as well as the number of months of imports covered by net international reserves. net credit facilities with different maturities , long- and medium-term loans, deposits and investments
abroad by banks operating in Egypt, as well as non-reserve foreign assets and liabilities of the CBE).
Current Account : Net Errors and Omissions :
It is composed of the trade balance, service balance, income balance and net unrequited transfers. It is a counterpart entry, which offsets the overstated or understated values of the BOP recorded
components. It represents the difference between the overall balance (overall deficit/surplus) and the
Trade Balance : aggregate balances of the current, capital and financial accounts.
It includes the following :
Overall Balance :
- Proceeds of commodity exports estimated on (FOB) basis at the point of the customs frontiers of the
The overall balance is calculated on the basis of change in reserve assets with the CBE. These assets
Egyptian economy; excluding costs of freight and insurance, and including exports of free zones to the
include monetary gold, SDRs, the reserve position with the IMF, deposits with correspondents abroad
foreign sector. and investments in securities and bills.
- Commodity import payments estimated on (CIF ) basis ; including the costs of freight and
insurance, as well as imports of free zones from the foreign sector. External Debt :
It represents the outstanding foreign currency obligations owed by residents to non-residents, that
Service Transactions : are repaid or settled in foreign currencies.
The items of service transactions are mainly represented in receipts and payments of transport, Suppliers' Credit :
government and travel. Travel receipts (tourism revenues) included in the BOP are estimated on the basis It represents the facilities provided by suppliers to local importers to finance a percentage of the
of the number of tourist nights (according to the data of the Ministry of Tourism) and the average value of the imported goods contract (ranging from 80% to 90%), at the interest rate prevailing in the
spending of a tourist per night, estimated in agreement with the Ministry of Tourism. supplier’s country. Most of the maturities range from 2 to 5 years and may be up to 7 or 10 years. They
do not usually include any other burdens with the exception of some cases where the borrower bears the
Income : whole or part of the cost insurance premium paid to the export guarantee agency in the country of the
It includes receipts and payments of investment income represented in : supplier.
- Investment Income Receipts that include returns on direct or portfolio investment abroad, or on
Buyers' Credit :
deposits at foreign banks.
It represents the facilities provided by the foreign banks operating in the country of the supplier to
local buyers to finance a percentage of the value of the imported goods contract (ranging from 80% to
85%), at the interest rate prevailing in the country of the supplier. The maturities of these facilities range
from 7 to 10 years. Usually, they include other burdens such as management and commitment fees, cost
insurance premium, sundry expenses and others.
-147 - -146-

Jan 2009

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Jan 2009

Uploaded by

Copyright:

Available Formats

‫א‬ ‫א‬ ‫א‬

‫א‬ ‫א‬ ‫א‬

‫‪٢٠٠٩‬‬ ‫)‪– (١٤٢‬‬ ‫א‬

‫א‬ ‫א‬ ‫א‬

‫א‬ ‫א‬ ‫א‬

‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪ −١‬א‬

‫א‬ ‫א‬ ‫א‬ ‫‪ −٢‬א‬

‫א‬ ‫א‬ ‫א‬ ‫‪ −٣‬א‬

‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪−٤‬‬

‫א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪-‬‬

‫‪:‬‬ ‫א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪-‬‬

‫‪٥٨−٥٥‬‬ ‫א א‬ ‫א‬ ‫‪١٨‬‬ ‫‪٥−١‬‬ ‫א‬ ‫א‬ ‫‪−‬‬

‫א‬ ‫א‬ ‫א‬

‫‪١٤٠−١٣٩‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٥٤‬‬

‫‪١٤٢−١٤١‬‬ ‫א‬ ‫א‬ ‫‪٥٥‬‬ ‫א‬

‫‪.‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫‪−‬א‬

‫א‬ ‫א א א‬ ‫א‬ ‫א‬ ‫‪،‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪−‬א‬

‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠‬‬ ‫א‬ ‫א א א‬ ‫א‬ ‫א‬ ‫א‬ ‫א א‬ ‫א א‬

‫‪:‬‬ ‫א‬ ‫א‬ ‫א‬ ‫א‬ ‫‪٠‬‬ ‫א‬

‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008

External Sector ‫א‬ ‫א‬

2003 2004 2005 2006 2007 2008 2008

June June Sept.

Real Sector ( % ) (٪) ‫א‬ ‫א‬

Additional Indicators ‫א‬

End of June 2008 2008

2003 2004 2005 2006 2007 2008 2008

2003 2004 2005 2006 2007 2008 2008

2003 2004 2005 2006 2007 2008 2008

2003 2004 2005 2006 2007 2008 2008

2003 2004 2005 2006 2007 2008 2008

6- Net Balancing Items ‫א א‬ ‫א‬ −٦

2003 2004 2005 2006 2007 2008 2008

2003 2004 2005 2006 2007 2008 2008

2003 2004 2005 2006 2007 2008 2008

‫اﻟﺴﻨﻮات اﻟﻤﺎﻟﻴﺔ‬ 2008 2008

Clearing Houses ‫א‬

Alexandria Branch ‫א‬

Total Transactions in the Clearing Houses* * ‫א‬

Local Transfers Service via SWIFT : ‫א‬ ‫א‬ ‫א‬

2005 2006 2007 2007 2008

** Net profits realized in the last approved FY. . ‫א‬ ‫א‬ **

• Population in thousands per one banking unit. . ‫א‬ •

2004 2005 2006 2007 2008 2008 2008

2004 2005 2006 2007 2008 2008 2009

December 2008 December 2008

First: Interbank Rates ‫א‬ ‫א‬ :

Second: Market Rates ‫א‬ :

December 2008 December 2008

First: Interbank Rates ‫א‬ ‫א‬ :

Maximum 5.5170 5.5210 5.5230 5.5240 5.5238 5.5190 5.5160

Weighted average 5.5161 5.5193 5.5212 5.5221 5.5206 5.5176 5.5137

Second: Market Rates ‫א‬ :

September 2008 October 2008 October 2008 November 2008

November 2008 December 2008 December 2008

2003 2004 2005 2006 2007 2008 2008

2003 2004 2005 2006 2007 2008 2008

Price Index of Shares in LE: : ‫א‬ ‫א‬ ‫א‬ ‫א‬

2003 2004 2005 2006 2007 2008 2008

IV.Memo items ‫א‬ : ‫א‬

- lent or repoed and included in section l ‫א‬ ‫א‬ ‫א‬

(f) derivatives (forwards,futures,or options contracts) that have a residual

Net profits realized in the last approved FY. . ‫א‬ ‫א‬

‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008 2008/2009

‫א א‬ ‫א‬ 2006/2007 2006/2007 2007/2008 2008/2009

iEC¥KEA ‫اﺟﻤﺎﻟﻰ اﻟﺪﻳﻦ اﻟﻤﺤﻠﻰ‬

Monthly Statistical Bulletin