אא א - Amazon S3 · 2016. 11. 26. · אאאא ،אאאא − é f8E ٢٠١٧/٢٠١٦ ME K&א...

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-1- -2-

- 4 - - 3-

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-6 -

: אא אא א

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-5-

א א :: א א

א א א א .א:(M0)א

א א א א א א א א א א،אא א א א ، א،א א א א

אא א א، (M2)א א א א א.א

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: א אא א א א אא א א

א،א א א א ( א א ) א א א .א

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א א א א ( א א א ) ،אא א א א א א א א אא

.א

-7- -8-

: א א אא ، א א א א א א א

א .א

א :א אא א א א א א א א

א .א

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א אא א א אא א א א א א :א،א א א ، ( א א א א (א א א א א א

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א א אא א א א א א אא .א

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א א א א ، א ،אא א א א א א א א א،א א א א

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א: א− א א א א א א ٠אא א א א א א א א א א ٠א

: אא א א א ، א א א

٠אא : א א א

א ، א א א א אא א ،אא 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 ،אא א א א،א א א א א،א א א א א אא

א א אא א א אא א אא א ٠א : א א

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א :א אא 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 ٠א: א א

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א א א א/א אא .אא

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א،אא א א:אאא،א אאא אאא،אא א ،אאא

א א א א א ٠א٣٠/٦/٢٠٠٦א

-10- -9-

: ) ( Core inflationאאאא א א א א א א אא א

א א א א א א א א،א אא א אא ، א א א א א א א א א א

א א א א א א،א א א אא א א א .א

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א א א א א א א א א אא،א א א ، א ، אא א א א ، א א א ،

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א١٤,٤٣ א א א ٪.: א א

א א א א אא א א א ،،א אא ، א א ، א ، א א א ، א א א

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، א א ، א ، א א ، .א٪٢٣,٠٦،א

-11-

א אאאIndicators Main Macroeconomic

2011 2012 2013 2014 2015 2015א

June June June June June Dec. Jan. Feb. Mar. Apr. May June JulyFinancial & Monetary Sector א א א

Growth rate of reserve money (M0) 23.6 5.1 20.6 14.6 33.3 15.9 12.6 12.6 13.1 15.0 16.1 -1.6 8.7 (M0) אGrowth rate of money supply (M1) 16.2 10.4 25.4 19.3 21.6 16.8 15.9 15.9 15.4 16.0 16.0 14.8 15.1 (M1) א אDomestic liquidity growth rate (M2) 10.0 8.4 18.4 17.0 16.4 18.6 17.3 17.4 18.2 18.0 18.9 18.6 17.8 (M2) א אMoney multiplier (M2 / M0) 4.02 4.15 4.08 4.16 3.63 4.53 4.56 4.69 4.62 4.54 4.40 4.38 4.71 (M2 /M0) אCurrency in circulation / money supply 67.5 70.7 70.0 66.0 58.6 58.6 59.1 58.5 58.9 59.6 59.6 60.5 60.9 א א / א א אM2/GDP 73.62 X66.06 X70.29 X72.15 X72.16 68.76 68.90 69.38 71.73 72.41 73.77 75.58 ***65.33 א א א / א אIncome velocity of money (GDP/M2) 1.36 X1.51 X1.42 X1.39 X1.39 1.45 1.45 1.44 1.39 1.38 1.36 1.32 ***1.53 ( א א / א א א ) א אGrowth rate of domestic liquidity in local currency 9.6 9.1 18.0 19.5 17.3 18.5 17.8 18.2 17.4 17.2 18.2 17.8 17.4 א א אM2 in local currency /GDP 60.71 X54.83 X58.13 X60.92 X61.41 58.78 58.89 59.44 60.38 60.96 62.25 63.89 ***55.24 א א א / א א אTotal deposits growth rate 7.58 6.99 17.18 18.07 18.23 20.39 18.95 19.01 19.36 18.83 19.72 18.66 18.39 א א אHousehold deposits/ total deposits 76.2 78.9 77.9 78.6 75.5 74.9 75.3 75.3 75.1 75.4 75.3 75.7 75.5 א א / א א אGrowth rate of local currency deposits 6.5 7.5 16.3 21.5 19.8 20.7 19.9 20.3 18.7 18.0 19.1 17.7 18.1 א א א אHousehold local currency deposits/ total local currency deposits 80.1 83.6 82.7 82.4 77.9 77.4 78.1 78.0 77.9 78.4 78.0 78.4 78.1 א א א / א א א אForeign currency deposits /total deposits 21.03 20.66 21.25 18.95 17.86 17.28 17.29 17.03 18.77 18.83 18.61 18.53 18.52 א א / א א אForeign currency deposits growth rate 11.9 5.1 20.5 5.3 11.4 19.0 14.4 13.2 22.5 22.4 22.7 23.1 19.8 א א א אHousehold foreign currency deposits / total foreign currency deposits 61.7 60.7 60.3 62.5 64.3 62.8 62.0 62.5 62.5 62.8 63.3 63.8 63.9 א א א / א א א אPrivate business sector credit / total credit 36.2 31.8 27.5 24.0 22.7 20.7 20.7 20.4 20.7 20.8 20.6 20.5 20.0 א / א א אNet claims on the government / total credit 49.0 54.0 59.8 64.3 65.3 67.0 67.0 67.4 67.1 67.0 67.3 67.3 67.9 א / א א

Banking density (population in thousand for each banking unit) 22.5 22.9 23.2 23.4 23.6 23.6 23.5 23.5 ( א ) א אNote issue /GDP 13.11 X12.52 X14.33 X13.79 X12.87 11.71 11.77 11.73 11.98 12.37 12.73 13.33 ***11.62 א א א / א אEquity /assets** 6.4 6.8 6.9 6.9 6.5 5.7 5.5 5.6 6.0 5.9 5.7 5.8 5.7 ** א / אLoans and discount balances to customers / assets** 37.3 37.1 35.1 32.4 32.7 31.8 31.7 31.5 31.7 31.7 32.2 33.1 32.7 ** א / א א אLoans and discount balances to customers / deposits with banks ** 49.5 49.5 46.3 41.1 41.4 41.5 41.6 41.7 42.6 43.1 44.7 44.5 44.3 ** א א א / א א אDeposits /assets** 75.4 74.9 75.9 78.7 78.9 76.8 76.2 75.5 74.4 73.6 72.2 74.4 73.7 ** א / א אSecurities ( including TBs) /assets** 37.3 40.6 41.8 45.4 46.2 44.5 44.2 43.9 43.9 43.9 43.7 45.1 44.9 ** א / ( א א א ) א א אSecurities ( including TBs) / deposits ** 49.5 54.3 55.1 57.8 58.6 57.9 58.1 58.2 59.0 59.7 60.5 60.7 60.9 ** א א / ( א א א ) א א אLoans to private sector /total loans to customers** 81.0 82.2 83.6 84.0 80.5 76.4 76.5 76.3 74.9 74.8 70.9 70.6 70.3 ** א א / א א א

2011 2012 2013 2014 2015 2016 End of א א

June June June June June Jan. Feb. Mar. Apr. May June July Aug. Net International Reserves (US$ mn) 26564 15534 14936 16687 20082 16478 16534 16561 17011 17521 17546 XX15537 16564 ( ) א א

Gross official reserves (US$ mn) 26593 15556 14960 16710 20104 16500 16556 16586 17035 17545 17570 15561 16589 ( ) א אNIR in months of merchandise imports 5.9 3.1 3.1 3.3 3.9 3.5 3.5 3.5 3.6 3.7 3.7 XXX3.3 XXX3.5 א א א א א א א

- 13 - - 12 -

. ٢٠١٦/٢٠١٥ א א א א א א xxxxxx Estimated on the basis of merchandise imports during FY 2015/2016..

xx The month of July ,2016 witnessed the payments of : : א א א ٢٠١٦ xx

. א ، א א א א ١٠١٧,٥٠ −. א א א א ٧١٤,٤٣ −- USD 714.43 Mio , the semiannual installments to the creditor countries under the Paris Club agreed minutes.

- USD 250.00 Mio, the First tranche of the Libyan deposit with CBE. . א א א א א א א ٢٥٠,٠٠ −

- USD 1,017.50 Mio , the redemption of Qatar's holdings of the Egyptian Sovereign Eurobonds EMTN plus coupon.

*** According to the targeted GDP for FY 2016/2017, provided by the Ministry of Planning, Follow up and Administrative Reform.

* Growth rates are calculated on an annual basis.

. א א א א א א א א x

. א א א א א א **

Main Macroeconomic Indicators %%

א א א א

** With banks operating in Egypt, except the CBE.

2016End of *

. א *

*

2016

. א א א א א א א א ٢٠١٧/٢٠١٦ א א א א ***

x According to the latest data released by the Ministry of Planning , Follow up and Administrative Reform.

2014/2015

א א א א א א א א א א א א א א א א א א

2011/2012 2012/2013 2013/2014 2014/2015+ 2015/2016+ Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

External Sector א אBalance of Payments (%) (٪) א א Merchandise Exports / Merchandise Imports 42.3 46.8 43.2 36.3 33.2 39.3 36.2 34.2 35.1 32.3 31.5 30.2 39.0 א א א א / א א א Service Receipts / Service Payments 136.5 129.3 106.1 129.7 114.3 151.0 146.7 103.8 118.0 148.8 115.2 105.3 91.4 א א / א א Current Receipts / Current Payments 86.4 91.5 96.4 84.5 73.6 92.4 86.6 77.7 80.1 78.5 71.4 68.2 76.2 א א / א א Current Receipts (Excluding Official Transfers) / Current Payments 85.5 90.3 80.9 81.1 73.5 85.3 81.0 77.7 79.8 78.3 71.3 68.1 76.0 א א / ( א א ) א א Services Balance / Trade Deficit 16.4 16.4 3.0 12.9 5.5 22.0 18.3 1.7 8.3 17.0 5.7 1.8 -4.2 א א א / א א א Trade Balance / GDP -12.4 10.7 -11.3 -11.7 -10.9 -2.9 -3.1 -2.8 -2.9 -2.8 -2.7 -2.8 -2.6 א א א / א א א Current Account / GDP -3.7 -2.2 -0.9 -3.6 -5.4 -0.5 -0.8 -1.2 -1.2 -1.1 -1.4 -1.6 -1.3 א א א / א א א Overall Balance / GDP -4.1 0.1 0.5 1.1 -0.8 0.1 -0.4 0.0 1.5 -1.0 0.1 -0.1 0.3 א א א / א א א FDI in Egypt (net) / GDP 1.4 1.3 1.4 1.9 2.0 0.4 0.4 0.8 0.4 0.4 0.5 0.8 0.3 א א א / ( ) א א אExternal Debt (%) (٪) א א External Debt

*/ GDP 12.5 16.4 15.6 14.8 17.6 13.1 12.0 12.2 14.8 12.9 13.3 16.9 17.6 א א א / * א א

External Debt / Exports of Goods and Services 74.8 87.9 105.5 108.6 158.5 348.7 346.1 436.2 465.2 467.4 560.2 686.1 620.5 א א א א / א א Short-term External Debt / Total External Debt 8.5 16.3 7.9 5.4 12.6 8.7 8.1 7.4 5.4 6.1 9.3 12.8 12.6 א א / א א א Medium- & Long-Term External Debt / Total External Debt 91.5 83.7 92.1 94.6 87.4 91.3 91.9 92.6 94.6 93.9 90.7 87.2 87.4 א א / א א א Short-term External Debt / Net International Reserves 18.7 47.2 21.9 12.8 40.0 23.0 21.7 19.4 12.8 17.1 26.9 41.3 40.0 א א / א א א Government External Debt / Total External Debt 74.4 65.9 63.1 53.5 43.8 62.1 60.7 60.3 53.5 51.7 49.8 45.8 43.8 א א / א א א Government External Debt / GDP 9.3 10.8 9.9 7.9 7.7 8.1 7.3 7.4 7.9 6.6 6.6 7.7 7.7 א א א / א א א External Debt Service / Exports of Goods & Services 6.3 6.3 7.3 12.7 14.7 8.7 25.3 11.6 4.0 23.8 10.1 13.9 9.7 א א א א / א א External Debt Service / Current Receipts 4.5 4.5 4.3 8.5 9.9 5.9 17.0 7.5 2.7 16.6 6.9 9.1 6.5 א א / א א Interest Payments / Exports of Goods & Services 1.4 1.3 1.6 1.5 2.4 1.5 1.5 1.9 1.1 1.9 2.8 1.9 2.9 א א א א / א א א Interest Payments / Current Receipts 1.0 0.9 1.0 1.0 1.6 1.0 1.0 1.3 0.8 1.3 1.9 1.2 1.9 א א / א א א External Debt per Capita (US$) 387.7 475.3 506.4 513.5 573.1 479.2 441.5 425.8 513.5 474.3 491.2 549.3 573.1 ( ) א א א + Provisional. . +

* External debt is calculated in LE using end of period exchange rate. . א א א א א *

- The GDP indicators were revised based on the latest data of the Ministry of Planning, Follow up and Administrative Reform. . א א א א א א א א א א א א א א −

2014/2015+ 2015/2016+

- 14 - - 15 -

Main Macroeconomic Indicators

During

א א אFiscal Years

א א א א

Fiscal Sector אConsolidated Fiscal Operations of the General Government (%) (٪) א א א א

Expenditures/ GDP 31.2 34.9 א א א / אRevenues/ GDP 21.1 21.9 א א א / א א אCash Deficit (Surplus)/ GDP 10.1 13.0 א א א / א א אOverall Deficit (Surplus)/ GDP 10.0 13.4 א א א / א א א

Fiscal Operations of the State Budget (%) (٪) א א א אExpenditures / GDP 28.4 31.9 א א א / א

Compensation of Employees/ Total Expenditures 26.1 24.3 א / א אDomestic & Foreign Interest / Total Expenditures 22.2 25.0 א / א א א אSubsidies, Grants & Social Benefits/ Total Expenditures 31.9 33.5 א / א א א א אPurchases of Goods & Services/ Total Expenditures 5.7 4.5 א / א א אPurchases of Non-Financial Assets (Investments)/ Total Expenditures 7.6 6.7 א /( א (א א

Other/ Total Expenditures 6.5 6.0 א /Revenues /GDP 18.3 19.0 א א א / א א א

Tax Revenues/ Total Revenues 68.3 71.7 א א א / א א א אProperty Income/ Total Revenues 18.8 16.4 א א א / א אSales of Goods & Services/ Total Revenues 5.9 6.5 א א א / א אGrants/ Total Revenues 3.3 1.5 א א א / אFinancing Investment/ Total Revenues 2.2 1.8 א א א / א אOther/ Total Revenues 1.5 2.1 א א א /

Cash Deficit (Surplus)/ GDP 10.1 12.9 א א א / א א אOverall Deficit (Surplus)/ GDP 10.1 13.0 א א א / א א א

2011 2012 2013 2014 2015 Dec. March June

Domestic government debt (net) / Domestic public debt 77.3 80.0 82.6 84.7 88.4 88.7 88.4 87.3 א א א / א א א א Economic authorities debt(net) / Domestic public debt 6.4 5.1 4.1 3.2 0.5 1.9 2.5 4.0 א א א / א א א NIB debt (Net)(excluding intra-debt)/Domestic public debt 16.3 14.9 13.3 12.1 11.1 9.4 9.1 8.7 א א א / ( א א ) א א Total domestic public debt/ GDP 76.2 74.7 82.8 86.4 86.5 85.5 90.1 94.5 א א א / א א א

2015/2016

Sept.

87.71.9

10.4

6.8

26.3

4.0

6.9

6.9

21.2

12.0

9.2

8.8

8.4

5.5

5.7

11.0

11.7

30.2

27.1

19.2

א א א א

During 2013/2014 2014/2015


2015/2016

July/Mar.2011/2012

17.8

11.7

1.7

10.5

19.9

21.7

5.8

21.0

6.2

2.8

57.0

9.2

8.7

1.1

2.3

11.0

11.5

- 17 -

End of (%)

1.4

June

12.2

- 16 -

(٪)

2.3

2.9

81.5

19.1

65.8 73.0

5.4

11.5

25.5

7.5

15.4

33.1

29.2

27.1

4.3

22.124.7

36.2 33.2

12.7

24.7

33.4

12.1

2012/2013

3.9

32.6

2014/2015 2015/2016*

Real Sector ( % ) (٪) א א Real change rates ( on an annual basis ) ( ) א א

GDP at factor cost 2.2 3.1 3.7 2.3 א א א א א Agriculture, forests and fishing 3.0 3.0 3.0 3.1 א א א א Extractions (petroleum, natural gas, others) -3.8 -4.1 -4.7 -4.8 ( − − ) א א Manufacturing industries (petroleum refining, others) 4.8 2.9 6.1 0.6 ( − ) א א Construction & building 7.4 9.7 9.5 11.1 א א Wholesale and retail trade 5.7 3.5 3.5 4.8 א אFinancial Intermediaries & Auxiliaries 5.3 3.2 3.0 3.7 א א א א Tourism -44.9 19.5 25.7 -22.7 א Transportation and storage 5.1 4.7 4.6 5.0 א א Communications 6.0 4.9 8.5 7.9 א

GDP at market prices 2.2 4.2 4.8 4.3 א א א א Final consumption 4.4 3.3 4.6 5.3 א א Private consumption 4.1 2.8 4.1 5.5 א א Public consumption 6.6 7.0 8.7 3.6 א א

GDP at factor cost and current prices 14.1 12.9 13.6 7.5 ( א ) א א א א א GDP at market and current prices 14.0 15.6 16.2 10.1 א א א א א Total domestic production (at constant prices) .. .. .. .. ( א ) א א א Total domestic production (at current prices) .. .. .. .. ( א ) א א א

Other Basic Indicators א GDP at factor cost/Total domestic production (at current prices) .. .. .. .. ( א ) א א א / א א א א א The share of private sector in GDP at factor cost and current prices 63.4 64.7 66.1 69.3 א א א א א א א א The share of public sector in GDP at factor cost and current prices 36.6 35.3 33.9 30.7 א א א א א א א א The share of agriculture sector in GDP at factor cost and current prices 11.1 11.2 11.5 12.1 א א א א א א א א The share of manufacturing sector in GDP at factor cost and current prices 16.4 16.6 17.0 17.5 א א א א א א א א Government final consumption/GDP at market and current prices 12.0 11.8 10.8 10.7 א א א א א / א א א Private final consumption/GDP at market and current prices 82.7 82.2 84.1 84.4 א א א א א / א א א Investments (Include change in stock)/GDP at market and current prices 13.8 14.4 13.5 14.0 א א א א א / ( א א ) א Domestic saving/GDP at market and current prices 5.3 5.9 5.1 4.9 א א א א א / א א Domestic resource gap/GDP at market and current prices -8.5 -8.4 -8.4 -9.1 א א א א א / א א א* Preliminary

*

.. Not available. ..

During 2013/2014*

- 19 -

2014/2015*

- 18-

أھم المؤشرات االقتصادية الكلية

July/March


GDP at current market prices ( LE billion ) 485.3 538.5 617.7 744.8 895.5 1042.2 1206.6 1371.1 1656.6 1843.8 2101.9 2446.6+ * ( ) א א א אProductivity per worker (LE) (GDP at current market prices / number of employees) 25952 27902 30279 34323 39800 45313 50697 58841 70795 76825 86498 98653 ( א א א א ) אAverage per capita GDP at current prices (LE) א א א א א(GDP at current market prices/ population in Egypt) ( א א א א א א )

Population in Egypt on 1st July (million) 69.3 70.7 72.2 73.6 75.2 76.9 78.7 80.5 82.5 84.6 86.8 89.0 ( ) א אNumber of employees (million) 18.7 19.3 20.4 21.7 22.5 23.0 23.8 23.2 23.6 24.0 24.3 24.8 ( ) אUnemployment rate (%) 10.3 11.2 10.6 8.9 8.7 9.4 9.0 12.0 12.7 13.2 13.0 12.8 (٪) אLabor force / population in Egypt (%) 30.0 30.8 31.7 32.5 32.8 33.0 33.3 33.0 32.7 32.6 32.2 32.0 (٪) א א / אRate of natural increase ( per thousand ) 19.3 19.1 19.4 20.4 21.2 22.6 22.6 24.2 25.5 25.0 25.2 23.7 ( א ) א אIlliteracy (%) 27.9 26.3 29.3 .. .. 27.9 26.3 26.1 24.9 25.9 25.3 .. (٪) א

2016

Jan. Feb. Mar. Apr. May June July

Additional Indicators אNumber of tourists (thousand) 11931 10953 12213 7968 10243 364 347 441 425 432 329 529 ( ) א אNumber of nights by departure (thousand) 124571 131769 142432 72919 99246 2564 1826 2474 2419 2463 1764 2619 ( ) אCement production (thousand tons) 47251 50935 45984 46855 47412 5115 4129 4182 3995 4413 3273 1041 :( ) אExecuted local sales of cement (thousand tons) 46823 49239 44606 46308 46782 5600 4227 4114 3907 4439 3190 1113 ( ) א ( א ) א א Reinforcement steel production (thousand tons) 5957 7018 7274 7348 7219 528 506 723 547 754 533 488 ( ) א Reinforcement steel sales (thousand tons) 6132 6397 6959 7320 7213 618 696 709 470 446 434 601 ( ) אTotal electricity, generated and purchased (M.KW/H) 145481 156328 163374 166679 173671 14173 13203 14076 14408 15936 17583 18318 ( . . ) א א א א אTotal electricity, utilizations (M.KW/H) 126822 135783 140869 143606 147049 12035 11580 12312 12526 13597 14981 13907 ( . . ) א א א

Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug.

Annual Inflation Rate (%)x (Month /Corresponding Month of Previous Year) ( א א א א / (٪)× (א א אCPI (urban)* 9.2 9.7 11.1 11.1 10.1 9.1 9.0 10.3 12.3 14.0 14.0 15.5 **( ) א אPPI -3.9 -2.0 -1.9 0.2 0.5 -1.2 0.6 1.1 1.6 5.7 7.3 .. א א

x Source: Central Agency for Public Mobilization and Statistics (CAPMAS). . א א א א : א ×

NB : It is worth mentioning that the Ministry of Planning, Monitoring and Administrative Reform revised the GDP volume estimates in light of the economic census for FY 2012/2013 that was issued by the CAPMAS א א א א א ،٢٠١٣/٢٠١٢ א א א א א א א א א א א א א א א א :

in Dec.2014 for the first time after a halt of 15 years. The results of this economic census helped in the inclusion of a larger numbe of establishments as well as the access to new and actual sources of data. א א ، א א א א . ١٥ א ٢٠١٤

This, in turn, contributed to improving the estimates of the size of the informal sector. The said results .٢٠١٢/٢٠١١−٢٠١٥/٢٠١٤ א א א א א א א . א* Preliminary data for the period 2011/2012 - 2014/2015. .٢٠١٢/٢٠١١−٢٠١٥/٢٠١٤ *

* * A new series of CPI was released as of August 2010. The weights involved in the formation of the Index were taken from the results of the 2008/2009 survey of income, expenditure and consumption, ٢٠٠٩/٢٠٠٨ א א א א א א א א א ، א א ٢٠١٠ **

using January 2010 as a base period. . ٢٠١٠.. Not available. . א ..

+ This figure differs from its counterpart contained in the other parts of the present Bulletin, as the said figure has been revised based on the the latest aggregate data submitted by the Ministry of Planning, . א א א א א א א א א א ، א א א א א א + Follow up and Administrative Reform, without any details.

2015 2016

2015

2012/2013

2012

2014/20152010/2011

2016

7617

2014/2015

17031 21794 24215

2005 2010

2013/2014

2004 2008

2010/20112005/20062003/2004

تابع أھم المؤشرات االقتصادية الكلية

2749011908101208555

2007

2008/2009

- 20 -

2012/2013 2013/2014

2006

2011/2012

2011

Main Macroeconomic Indicators (Contd.)

2013

2016

2006/2007 2009/20102007/2008

2014

- 21 -

20800

2011/2012

153327003

2004/2005

2009

13553

א א א

Financial & Monetary Sector

2011 2012 2013 2014 2015 2015

End of אJune June June June June Dec. Jan. Feb. Mar. Apr. May June July

Reserve Money (M0) 250992 263668 317944 364473 485876 420638 418881 410150 430378 442281 464664 478076 449591 (M0) א

Currency in circulation outside the CBE 179096 204870 260849 288651 313468 323373 324961 323832 330831 341399 351114 368459 375455 א א א א אBanks' deposits in local currency with the CBE 71896 58798 57095 75822 xx172408 97265 93920 86318 99547 100882 113550 109617 74136 א א א א א

Counterpart Assets of Reserve Money 250992 263668 317944 364473 485876 420638 418881 410150 430378 442281 464664 478076 449591 א א א

Net Foreign Assets 147197 76059 38235 37395 25278 -13633 -13205 -22732 -40362 -36612 -45230 -44863 -60376 א א

Net Domestic Assets 103795 187609 279709 327078 460598 434271 432086 432882 470740 478893 509894 522939 509967 א א Net claims on government ++(A+B-C) 102562 165374 299806 419218 523893 633098 638754 662216 643584 642809 611158 619410 643337 ( − + ) ++ א א A - Securities 130597 178831 238831 240331 240330 241830 241830 241830 461830 461830 461830 390830 390830 א − B - Credit facilities 59024 77774 166006 223393 379673 469423 480233 504961 267647 269271 233422 316055 335051 א − C - Deposits 87059 91231 105031 44506 96110 78155 83309 84575 85893 88292 84094 87475 82544 א −

Net claims on banks 147 -2706 -5811 -9045 -26334 -16977 -22510 -18594 -3853 -14297 62432 59621 59783 א א Net balancing items 1086 24941 -14286 -83095 -36961 -181850 -184158 -210740 -168991 -149619 -163696 -156092 -193153 א א א Unclassified assets and liabilities (net) x -13448 -8059 -9522 -38754 -36961 -32570 -30487 -31408 -17491 -16061 -11056 -6107 2541 x א א א א Open market operations 14534 33000 -4764 -44341 xx 0 -149280 -153671 -179332 -151500 -133558 -152640 -149985 -195694 א א

1 - Reserve Money and Counterpart Assets ++ א א א −١

( )

. א א א א ++ Derived from the CBE's balance sheet.

( LE mn )

2016

، א א ٣٠ يونيو ٢٠١٥ فى א א א א א xx

- 23 - - 22 -

. א א א א א ++

.٢٠١٥/٧/٢ א

. א x

xx Under open-market operations, the deposit acceptance session scheduled on 30 June 2015 was cancelled,

++ Including public economic authorities and the National Investment Bank.x Including capital accounts.

and a substitute session was held on Thursday 2/7/2015.

2011 2012 2013 2014 2015 2015

End of ** אJune June June June June** Dec. Jan. Feb. Mar. Apr. May June July

Domestic Liquidity (1+2) (M2) 1009411 1094408 1296086 1516601 1765492 1905464 1909422 1922685 1987839 2006632 2044293 2094500 2119715 ( M2 ) (١+٢) א א

Money Supply (1) (M1) 248707 274510 344100 410554 499065 520592 517932 522455 529845 540172 552971 572935 578502 (M1) (١) א אCurrency in circulation outside the banking system 167887 194027 241011 270856 292699 305061 305973 305726 312214 322059 329591 346853 352544 א א א א אDemand deposits in local currency++ 80820 80483 103089 139698 206366 215531 211959 216729 217631 218113 223380 226082 225958 ++ א א א א

Quasi-Money (2) 760704 819898 951986 1106047 1266427 1384872 1391490 1400230 1457994 1466460 1491322 1521565 1541213 (٢) א Local currency time & saving deposits++ 583732 633858 727778 869976 1003432 1108338 1114203 1124883 1143494 1149173 1172250 1197746 1214020 ++ א א א א Foreign currency demand deposits++ 41298 44965 55152 62214 68631 68950 68656 66976 75783 75987 76222 75910 75660 ++ א א א א Foreign currency time & saving deposits++ 135674 141075 169056 173857 194364 207584 208631 208371 238717 241300 242850 247909 251533 ++ א א א א

Counterpart Assets 1009411 1094408 1296086 1516601 1765492 1905464 1909422 1922685 1987839 2006632 2044293 2094500 2119715 א א א Net Foreign Assets 253500 157624 123198 119162 51487 -17207 -27376 -45899 -63507 -75377 -82792 -87389 -102298 א א

Net Domestic Assets 755911 936784 1172888 1397439 1714005 1922671 1936798 1968584 2051346 2082009 2127085 2181889 2222013 א א Domestic credit 892766 1072566 1343140 1625141 1978211 2206982 2221661 2262979 2336512 2366708 2415554 2460115 2502936 א א Net balancing items -136855 -135782 -170252 -227702 -264206 -284311 -284863 -294395 -285166 -284699 -288469 -278226 -280923 א א א

Indicators אM2 / GDP (%) 73.62 xx66.06 xx70.29 xx72.15 xx72.16 68.76 68.90 69.38 71.73 72.41 73.77 75.58 x65.33 (٪) א א א / א אForeign currency deposits/ Total deposits (%) 21.03 20.66 21.25 18.95 17.86 17.28 17.29 17.03 18.77 18.83 18.61 18.53 18.52 (٪) א א / א א א

Income velocity of money (GDP / M2) 1.36 xx1.51 xx1.42 xx1.39 xx1.39 1.45 1.45 1.44 1.39 1.38 1.36 1.32 x1.53 ( א א / א א א ) א אMoney multiplier (M2 / M0) 4.02 4.15 4.08 4.16 3.63 4.53 4.56 4.69 4.62 4.54 4.40 4.38 4.71 (M2 / M0) א

** As of March 2015, data of Arab International Bank were added to the banking survey, thereby affecting the related tables.

( LE mn )

. א א א א א א א א ××

2016

2 - Banking Survey+ : Domestic Liquidity and Counterpart Assets א א א א : + א א − ٢( )

. א א א א א א א א א ( א (א א א ++

+ Extracted from the consolidated balance sheet of the banking system.

minus purchased cheques & drafts as regards demand deposits.

. א א א א א א א א ٢٠١٥ א * *

. א א א א א א א א ٢٠١٧/ ٢٠١٦ א א א א ×++ Representing deposits of the business sector ( public and private ) and the household sector,

. א א א א א +

- 25 -

xx According to the latest data released by the Ministry of Planning , Follow up and Administrative Reform .

Administrative Reform.

x According to the targeted GDP for FY 2016/2017, provided by the Ministry of Planning, Follow-up and

- 24 -

2011 2012 2013 2014 2015 2015


Total Deposits (Including Gov. Deposits) 965339 1026686 1190819 1433728 1740158 1914552 1923515 1934458 2006363 2014089 2079282 2123069 2138526 ( א ) א א

Government Deposits 117223 118616 126987 178846 252152 299417 305531 303083 314695 316216 350859 362060 358588 א א אIn local currency 65820 62669 64654 83017 155384 213782 219152 217261 216583 218048 253277 264868 261806 אIn foreign currencies 51403 55947 62333 95829 96768 85635 86379 85822 98112 98168 97582 97192 96782 א

Non-Government Deposits 848116 908070 1063832 1254882 1488006 1615135 1617984 1631375 1691668 1697873 1728423 1761009 1779938 א א א

In Local Currency 667426 718217 835422 1014712 1219985 1333575 1335626 1351554 1371171 1376365 1405085 1433387 1449249 א

Public business sector+ 29278 24843 24123 26335 37893 39147 37187 37953 39946 41500 44870 43733 42027 + א א Private business sector 104060 92945 120945 151961 230350 260832 254392 258780 260988 255506 262870 265145 273720 א א Household sector 532033 597460 686740 832147 942336 1024988 1035547 1045846 1060984 1071372 1088615 1116316 1125165 א א Non-resident (external sector)++ 2874 3876 4555 5038 10187 9706 9464 9942 10046 9079 9455 9559 9271

++ ( א א ) א Minus purchased cheques & drafts 819 907 941 769 781 1098 964 967 793 1092 725 1366 934 א א

In Foreign Currencies 180690 189853 228410 240170 268021 281560 282358 279821 320497 321508 323338 327622 330689 א

Public business sector+ 7549 8812 12592 13712 15049 15596 15268 15333 17391 17994 17609 17925 18034 + א א Private business sector 60241 64496 76572 74788 78840 87400 90137 87996 100544 100080 99424 99432 99972 א א Household sector 109248 112859 135124 147635 169137 173605 171925 172045 196612 199258 202068 206491 209220 א א Non-resident (external sector)++ 3718 3813 4202 4099 5026 5026 5071 4474 5997 4221 4266 3803 3496

++ ( א א ) א Minus purchased cheques & drafts 66 127 80 64 31 67 43 27 47 45 29 29 33 א א+ 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 ++

( )

( א א א ) א א : א א − ٣3 - Banking Survey: Deposits (Except CBE)

- 26 - - 27 -

( LE mn )

2016

2011 2012 2013 2014 2015 2015


Domestic Credit (a+b) 892766 1072566 1343140 1625141 1978211 2206982 2221661 2262979 2336512 2366708 2415554 2460115 2502936 االئتمان المحلى (أ + ب)

Net claims on government (1+2-3) 437337 578654 802539 1045186 1291427 1478748 1488456 1524160 1567643 1585696 1624511 1654910 1698606 صافى المطلوبات من الحكومة (١+٢-٣)

1 - Securities 542792 677139 832770 1004342 1193595 1286179 1295892 1304567 1579281 1598949 1653995 1614650 1627764 ١- أوراق مالية

2 - Lending and discount 98826 111362 201787 264196 446094 570141 581404 607251 388950 391255 405469 489795 511974 ٢- إقراض وخصم

3 - Deposits 204281 209847 232018 223352 348262 377572 388840 387658 400588 404508 434953 449535 441132 ٣- ودائع

Claims on public business sector 32981 40620 42866 45417 63218 76981 77412 79005 83032 85998 87134 93073 93500 المطلوبات من قطاع األعمال العام

Securities 293 203 199 317 247 230 218 235 271 262 250 242 248 أوراق مالية

Lending and discount 32688 40417 42667 45100 62971 76751 77194 78770 82761 85736 86884 92831 93252 إقراض وخصم

Claims on private business sector 323241 340865 369814 389275 448276 456800 459001 461369 484002 491305 497325 504258 501747 المطلوبات من قطاع األعمال الخاص



Claims on household sector 99207 112427 127921 145263 175290 194453 196792 198445 201835 203709 206584 207874 209083 المطلوبات من القطاع العائلى

(a) Domestic credit in local currency 866126 1019125 1261509 1477223 1756646 1966491 1984928 2024051 2058867 2086215 2082420 2109504 2146896 االئتمان المحلى بالعملة المحلية(أ)

Net claims on government (1+2-3) 524335 638492 851425 1034569 1251096 1418603 1432653 1467092 1486484 1502639 1487691 1500936 1540752 صافى المطلوبات من الحكومة (١+٢-٣)



3 - Deposits 90272 93413 99554 118098 241271 283065 289748 289347 286122 291225 324202 339152 332575 ٣- ودائع








(b) Domestic credit in foreign currencies 26640 53441 81631 147918 221565 240491 236733 238928 277645 280493 333134 350611 356040 االئتمان المحلى بالعمالت األجنبية(ب)

Net claims on government (1+2-3) -86998 -59838 -48886 10617 40331 60145 55803 57068 81159 83057 136820 153974 157854 صافى المطلوبات من الحكومة (١+٢-٣)



3 - Deposits 114009 116434 132464 105254 106991 94507 99092 98311 114466 113283 110751 110383 108557 ٣- ودائع








- 29 - - 28 -

( )

א א : א א − ٤4 - Banking Survey : Domestic Credit

( LE mn )

2016

2011 2012 2013 2014 2015 2015


Net Foreign Assets of the Banking System 253500 157624 123198 119162 51487 -17207 -27376 -45899 -63507 -75377 -82792 -87389 -102298 א א א א

Central Bank of Egypt 147197 76059 38235 37395 25278 -13633 -13205 -22732 -40362 -36612 -45230 -44863 -60376 א א Foreign Assets 156331 92169 101685 115770 148098 123768 124133 124436 139651 143481 149607 149943 132421

Foreign Liabilities 9134 16110 63450 78375 122820 137401 137338 147168 180013 180093 194837 194806 192797

Banks 106303 81565 84963 81767 26209 -3574 -14171 -23167 -23145 -38765 -37562 -42526 -41922 א Foreign Assets 139149 114796 118354 115838 86214 76281 74287 72976 89144 83295 82985 81532 80166

Foreign Liabilities 32846 33231 33391 34071 60005 79855 88458 96143 112289 122060 120547 124058 122088

Net Balancing Items -136855 -135782 -170252 -227702 -264206 -284311 -284863 -294395 -285166 -284699 -288469 -278226 -280923 א א א1- Capital Accounts -146543 -168778 -200057 -233369 -263117 -283410 -289865 -295781 -285062 -299553 -310035 -305204 -289500 א −١

2- Unclassified Assets and Liabilities (net) 18651 59065 22607 -468 -4748 -7391 -1445 -3807 -7113 5933 12109 16126 2261 א א א −٢3- Interbank Debit and Credit Position (net) -8963 -26069 7198 6135 3659 6490 6447 5193 7009 8921 9457 10852 6316 א א א א −٣

6 - Net Balancing Items

א א א : א א − ٥( )

5 - Banking Survey : Foreign Assets & Liabilities

( LE mn )

- 31 - - 30 -

א א א − ٦

2016

End of * אJune Dec. June Dec. June* Dec. Jan. Feb. Mar. Apr. May June July

A- Assets א −Cash 29227 20726 27276 23296 27381 23621 25040 23853 29160 26917 32183 31432 31649

Securities & investments in TBs 653889 735119 825524 904293 1016025 1105680 1112928 1121730 1179715 1199345 1254065 1283616 1298739 א א א א אBalances with banks in Egypt, of which: 131326 186255 174786 222158 240336 363903 369294 383724 372396 366427 374213 374644 384174 : ، א

Loans and discounts 953 835 363 343 1500 1783 1589 1528 1719 1719 1681 1682 1818 א אBalances with banks abroad , of which: 77012 74925 78742 56421 54834 49710 48679 47666 57187 54027 50833 51074 49539 : ، א א

Loans and discounts 1800 1901 2284 1907 1520 1310 1304 1132 1321 1290 1243 1391 1253 א אLoan and discount balances for customers 549120 550303 587852 629221 717999 791499 797666 804378 852323 865443 925660 942727 944343 א א אOther assets 123275 117015 122693 132991 142404 151088 162476 173847 194603 216915 234293 162601 183542

Assets = Liabilities 1563849 1684343 1816873 1968380 2198979 2485501 2516083 2555198 2685384 2729074 2871247 2846094 2891986 א = אB- Liabilities א −Capital 72061 76509 77555 79438 92550 96468 96468 96468 98575 98601 99088 100726 100726 אReserves 35838 36814 47022 43324 50080 44751 42988 47093 62881 63546 64503 63002 65212 אProvisions 61264 61302 62777 64109 66049 66575 66989 64714 68595 69744 69929 66880 68548 אBonds and long-term loans 30312 29373 30168 31424 38453 43556 42405 45738 45990 45913 47234 48532 49070 א אObligations to banks in Egypt 25608 21175 17858 18042 20763 47543 46885 46808 57349 55149 57681 60551 59211 א א אObligations to banks abroad 15222 16185 14699 20347 30147 46701 57144 61836 73536 86180 83189 86060 87269 א א א אTotal deposits 1186985 1311795 1429432 1555334 1734178 1908676 1917126 1928217 1999172 2007293 2071738 2116117 2132050 א א אOther liabilities, of which: 136559 131190 137362 156362 166759 231231 246078 264324 279286 302648 377885 304226 329900 : ، Cheques payable 4850 5719 6880 6936 8175 7710 7433 6740 7311 8443 9745 10984 9240 א

7 - Aggregate Financial Position of Banks ( Except CBE ) ( א א א ) א א א − ٧( )( LE mn )

2015 2016

thereby affecting the related tables ( 8,9,10 and 11).

- 33 - - 32 -

* As of March 2015, data of Arab International Bank were added to the banks’ aggregate financial position, .(١١٫١٠٫٩٫٨ ) א א א א א א א א א ٢٠١٥ א *

2013 2014

End of אJune Dec. June Dec. June Dec. Jan. Feb. Mar. Apr. May June July

Total Credit Facilities, of which: 549120 550303 587852 629221 717999 791499 797666 804378 852323 865443 925660 942727 944343 : ، א א

For Government* 35780 41555 40802 47398 66421 100718 101171 102289 121303 121984 172047 173740 176923 *In local currency 11401 12093 11872 11579 10855 40429 40400 40888 50730 50644 100473 100230 100589 אIn foreign currencies 24379 29462 28930 35819 55566 60289 60771 61401 70573 71340 71574 73510 76334 א

Non-Government 513340 508748 547050 581823 651578 690781 696495 702089 731020 743459 753613 768987 767420 אBalances in Local Currency 376479 374051 406499 423744 468502 509597 514945 519722 534362 545858 556967 572348 569195 א אAgriculture 4853 4595 5138 5363 5834 6631 6549 6756 7400 7604 8013 8384 8353 א א Private business sector 4853 4562 5118 5342 5832 6631 6549 6756 7399 7604 8013 8384 8352 א א ؛Industry 113271 107031 121549 124490 134679 142776 143821 143485 147313 150910 151151 155761 152793 א Private business sector 97492 90702 102245 100387 110762 116198 117831 117130 120946 123926 124584 126179 123689 א א ؛Trade 44834 43435 47931 46400 50024 53478 54926 55696 59787 61550 62787 65631 65260 א Private business sector 43411 41290 45571 43687 47245 50099 51426 51834 55898 57357 58610 61355 60886 א א ؛Services 87379 86971 88308 91347 105611 114833 115411 118001 121154 125210 131571 137789 136849 א Private business sector 70908 70993 74884 75987 88566 91341 91287 93600 96595 99188 103283 106478 104722 א א ؛Unclassified Sectors, of which: 126142 132019 143573 156144 172354 191879 194238 195784 198708 200584 203445 204783 205940 : ؛

Household sector 125505 131418 143251 155815 171988 191543 193934 195456 198384 200243 203141 204470 205567 א אNatural persons 122025 128032 140387 152933 168431 188093 190470 191965 194815 196588 199412 200556 201716 אNon-profit local organizations 3289 3334 2803 2683 3169 3095 3101 3125 3195 3255 3324 3493 3457Foreign organizations in Egypt 191 52 61 199 388 355 363 366 374 400 405 421 394

External sector 637 601 322 329 366 336 304 328 324 341 304 313 373 א אBalances in Foreign Currencies 136861 134697 140551 158079 183076 181184 181550 182367 196658 197601 196646 196639 198225 א אAgriculture 1366 1314 1666 1792 2595 2114 2127 2167 2067 2050 2115 2025 2005 א א Private business sector 1366 1314 1666 1792 2595 2114 2127 2167 2067 2050 2115 2025 2005 א א ؛Industry 64288 63588 70241 80852 90172 85223 85438 85661 91417 91606 91716 92238 93536 א Private business sector 63040 62199 68238 75438 83811 80001 80333 80387 85154 85453 85644 86203 87426 א א ؛Trade 9687 9973 12019 15154 17174 16274 16856 17377 15957 16230 15677 15849 15751 א Private business sector 9063 9501 11115 13936 15965 15502 16047 16503 15074 15384 14832 14966 15092 א א ؛Services 48188 48186 47219 47899 60316 66447 66294 66283 75151 75617 74973 74812 75073 א Private business sector 41067 41101 40133 38418 48657 49137 48628 48277 54352 54079 54038 54067 54196 א א ؛Unclassified Sectors, of which: 13332 11636 9406 12382 12819 11126 10835 10879 12066 12098 12165 11715 11860 : ؛ Household sector 2416 2235 2011 2361 3302 2909 2858 2989 3450 3467 3443 3403 3515 א א

Natural persons 2087 2069 1847 1967 2838 2520 2479 2487 2869 2906 2855 2828 2940 אNon-profit local organizations 145 145 148 149 264 209 201 206 225 218 246 240 238Foreign organizations in Egypt 184 21 16 245 200 180 178 296 356 343 342 335 337

External sector 10916 9401 7395 10021 9517 8217 7977 7890 8616 8631 8722 8312 8345 א א

* Including the government and public economic & service authorities. . א א א א א *

2016

- 35 - - 34 -

8 - Bank Credit Facilities for Customers ( Except CBE ) ( א א א ) א א א − ٨( LE mn ) ( )

2013 2014 2015

אJune Dec. June Dec. June Dec. Jan. Feb. Mar. Apr. May June July

Total lending, of which 544893 546228 584066 624961 713661 786655 793064 799755 847574 860783 920697 937126 938918 ، א אFor Government** 35780 41555 40802 47398 66421 100718 101171 102289 121303 121984 172047 173740 176923 **

In local currency 11401 12093 11872 11579 10855 40429 40400 40888 50730 50644 100473 100230 100589 אIn foreign currencies 24379 29462 28930 35819 55566 60289 60771 61401 70573 71340 71574 73510 76334 א

Non-Government 509113 504673 543264 577563 647240 685937 691893 697466 726271 738799 748650 763386 761995 אBalances in local currency 373668 370982 403508 420126 464637 505189 510742 515495 529903 541490 552281 567038 564011 א אAgriculture 4827 4566 5093 5323 5799 6610 6530 6731 7376 7578 7988 8358 8337 א א

Private business sector 4827 4533 5073 5302 5797 6610 6530 6731 7375 7578 7988 8358 8336 א א ؛Industry 112197 105667 120376 123025 133511 141146 142389 142063 145797 149601 149637 154074 151183 א

Private business sector 96440 89381 101110 98968 109626 114578 116403 115708 119430 122617 123070 124492 122115 א א ؛Trade 44522 43155 47648 45944 49796 53101 54596 55379 59468 61197 62497 65341 65010 א

Private business sector 43121 41040 45312 43266 47057 49770 51134 51562 55624 57052 58354 61091 60662 א א ؛Services 87259 86883 88180 91259 105353 114536 115129 117725 120784 124798 131132 136972 136048 א

Private business sector 70788 70905 74756 75899 88308 91044 91005 93324 96225 98776 102844 105661 103921 א א ؛Unclassified sectors, of which 124863 130711 142211 154575 170178 189796 192098 193597 196478 198316 201027 202293 203433 ؛

Household sector 124279 130176 141889 154246 169812 189460 191794 193269 196154 197975 200723 201980 203060 א אNatural persons 120799 126790 139025 151364 166255 186010 188330 189778 192585 194320 196994 198066 199209 אNon-profit local organizations 3289 3334 2803 2683 3169 3095 3101 3125 3195 3255 3324 3493 3457

Foreign organizations in Egypt 191 52 61 199 388 355 363 366 374 400 405 421 394External sector 584 535 322 329 366 336 304 328 324 341 304 313 373 א א

Balances in foreign currencies 135445 133691 139756 157437 182603 180748 181151 181971 196368 197309 196369 196348 197984 א אAgriculture 1328 1262 1592 1764 2573 2075 2089 2128 2023 2003 2064 1979 1991 א א


Private business sector 62529 61957 68009 75220 83606 79837 80201 80268 85031 85348 85556 86089 87334 א א ؛Trade 9375 9695 11633 14909 17165 16263 16851 17374 15955 16229 15676 15848 15750 א


Private business sector 40808 41096 40128 38362 48426 48918 48406 48045 54237 53964 53925 53949 54084 א א ؛Unclassified sectors, of which 13036 11207 9305 12287 12813 11123 10833 10876 12060 12074 12141 11703 11838 ؛

Household sector 2401 2233 2009 2359 3302 2907 2858 2989 3449 3465 3443 3403 3514 א אNatural persons 2073 2069 1847 1967 2838 2520 2479 2487 2869 2906 2855 2828 2940 אNon- profit local organizations 145 145 148 149 264 209 201 206 225 218 246 240 238

Foreign organizations in Egypt 183 19 14 243 200 178 178 296 355 341 342 335 336External sector 10635 8974 7296 9928 9511 8216 7975 7887 8611 8609 8698 8300 8324 א א

( א א א ) * א א א − ٩( LE mn ) ( )

9 - Bank Loans* for Customers ( Except CBE )

- 37 -

End of

- 36 -

. א ∗

2013

א . א א א א ∗∗

* Excluding the discount balances.

** Including the government and public economic & service authorities.

2014 2015 2016


Total discounted bills, of which: 4227 4075 3786 4260 4338 4844 4602 4623 4749 4660 4963 5601 5425 ، א אFor Government* 0 0 0 0 0 0 0 0 0 0 0 0 0 *

In local currency 0 0 0 0 0 0 0 0 0 0 0 0 0 אIn foreign currencies 0 0 0 0 0 0 0 0 0 0 0 0 0 א

Non-Government. 4227 4075 3786 4260 4338 4844 4602 4623 4749 4660 4963 5601 5425 אBalances in local currency 2811 3069 2991 3618 3865 4408 4203 4227 4459 4368 4686 5310 5184 א אAgriculture 26 29 45 40 35 21 19 25 24 26 25 26 16 א א


Private business sector 1052 1321 1135 1419 1136 1620 1428 1422 1516 1309 1514 1687 1574 א א ؛ Trade 312 280 283 456 228 377 330 317 319 353 290 290 250 א


Private business sector 120 88 128 88 258 297 282 276 370 412 439 817 801 א א ؛Unclassified sectors, of which: 1279 1308 1362 1569 2176 2083 2140 2187 2230 2268 2418 2490 2507 ؛


Foreign organizations in Egypt 0 0 0 0 0 0 0 0 0 0 0 0 0

External sector 53 66 0 0 0 0 0 0 0 0 0 0 0 א אBalances in foreign currencies 1416 1006 795 642 473 436 399 396 290 292 277 291 241 א אAgriculture 38 52 74 28 22 39 38 39 44 47 51 46 14 א א


Private business sector 511 242 229 218 205 164 132 119 123 105 88 114 92 א א ؛ Trade 312 278 386 245 9 11 5 3 2 1 1 1 1 א


Private business sector 259 5 5 56 231 219 222 232 115 115 113 118 112 א א ؛Unclassified sectors, of which: 296 429 101 95 6 3 2 3 6 24 24 12 22 ؛


Foreign organizations in Egypt 1 2 2 2 0 2 0 0 1 2 0 0 1

External sector 281 427 99 93 6 1 2 3 5 22 24 12 21 א א* Includes the government and public economic & service authorities. . א א א א א *

( LE mn )

( א א א ) א א א − ١٠( )

10 - Discounted Bills at Banks for Customers ( Except CBE )

2013 2014 2015 2016

- 38- - 39-

End of


Total Securities 653889 735119 825524 904293 1016025 1105680 1112928 1121730 1179715 1199345 1254065 1283616 1298739 א א אGovernment sector 593939 671986 764012 842731 953265 1044349 1054062 1062737 1117450 1137118 1192164 1223819 1236934 א אPublic business sector 505 501 527 428 383 329 308 312 362 349 336 306 284 א אPrivate business sector 39044 40856 41087 42000 47492 48294 47283 47336 49429 49158 49098 47558 48349 א אExternal sector 20401 21776 19898 19134 14885 12708 11275 11345 12474 12720 12467 11933 13172 א א

In Local Currency 571204 627962 716059 796978 900418 989921 998863 1007617 1032130 1051540 1055591 1070906 1085517 אGovernment sector 536155 590790 678512 758386 861935 950421 960372 969194 992892 1012612 1016662 1033467 1047351 א אPublic business sector 505 501 527 428 383 329 308 312 362 349 336 306 284 א אPrivate business sector 34469 36591 36938 38084 38021 39089 38101 38027 38797 38505 38519 37060 37809 א אExternal sector 75 80 82 80 79 82 82 84 79 74 74 73 73 א א

In Foreign Currencies 82685 107157 109465 107315 115607 115759 114065 114113 147585 147805 198474 212710 213222 אGovernment sector 57784 81196 85500 84345 91330 93928 93690 93543 124558 124506 175502 190352 189583 א אPublic business sector 0 0 0 0 0 0 0 0 0 0 0 0 0 א אPrivate business sector 4575 4265 4149 3916 9471 9205 9182 9309 10632 10653 10579 10498 10540 א אExternal sector 20326 21696 19816 19054 14806 12626 11193 11261 12395 12646 12393 11860 13099 א א

( )

End of

- 40 -

( LE mn )

( א א א ) א א א א − ١١11 - Securities Portfolio at Banks (Except CBE)

- 41 -

2013 2014 2015 2016

.

Sept. Dec. Mar. June

First: Capital Adequacy** ** א :Capital Base / Risk weighted Assets 13.2 13.7 14.0 13.8 א א א א אTier 1 Capital / Risk-weighted Assets*** 11.3 11.7 12.2 12.0 *** א א א א א אCommon Equity / Risk-weighted Assets+ 11.0 11.4 11.5 11.7 + א א א א א אLeverage++ 5.2 5.4 5.2 5.1

++ א א אSecond: Asset Quality א :

Non-performing Loans / Total Loans 7.2 6.8 6.7 5.9 א א אLoan Provisions / Non-performing Loans 99.0 99.0 99.0 99.0 א א אLoans to Private Sector / Loans to Customers 75.9 76.4 74.9 70.6 א א א א א

Third: Earnings א :Return on Average Assets +++ 1.3 1.3 1.5 1.5

+++ א אReturn on Average Equity +++ 18.9 18.9 24.4 24.4

+++ א אNet Interest Margin +++ 3.7 3.7 4.0 4.0

+++ אFourth: Liquidity א : א

Average Liquidity Ratio: : א א א Local Currency 59.6 59.0 59.9 55.2 א Foreign Currencies 48.9 50.2 53.0 60.5 א

Securitiesx / Assets 23.0 24.1 23.1 22.0 א x א א אDeposits / Assets 76.7 77.1 74.7 74.7 א א אLoans / Deposits א א א

Total 42.0 41.5 42.6 44.5

Local Currency 35.2 35.5 36.9 39.5 א Foreign Currencies 69.1 66.4 64.4 64.1 א

Sept. Dec. Mar. June

Total Number of Banks in Egypt 40# 40# 39## 39## א אTotal Number of Branches, of which: 3787 3824 3855 3883 : ، א

Village Banks 1017 1017 1017 1017 אBanking Density×× 23.6 23.6 23.5 23.5 ×× א אTotal Number of Employees××× 108,261 110,376 ××× אNumber of Debit Cards××× 12,292,035 13,200,787 ××× אNumber of Perpaid Cards××× 7,625,768 8,294,815 ××× א אNumber of Credit Cards××× 3,280,791 3,825,294 ××× אNumber of ATMs××× 8,443 9,031 ××× ATM א אNumber of Points of Sale××× 59,359 64,349 ××× א

2016

for banks with fiscal year ending in December, and as of June 2013 for banks with fiscal year ending in June.

*** It is prohibited for the going concern capital (tier1) to be less than 5% starting January 2013, to be less than 5.5%

starting January 2014, or to be less than 6% starting January 2015.

starting January 2014, or to be less than 4.5% starting January 2015.

ـــــــ ـــــــ ـــــــ

3768

2015

١٢- مؤشرات السالمة المالية للقطاع المصرفى (بخالف البنك المركزى المصرى) (%)

2015

2015*

14.5

79.8

24.4

4.0

40.9

1.5

7.1

99.0

34.5

64.8

13,910,065###

2,575,011

7,855

16242941###

55,876

23.6

June

6,8706,283

1017

106,914

3651

1016

2014

3712

2,100,471

40

2,333,636

40

45,716 51,384

84.6

40.8

1017

23.4

12 - Other Indicators for the Banking Sector (Except CBE) (cont.)

June

24.3

36.2

24.2

84.0

59.7

52.057.4

1.0 1.3

3.7

18.914.5

20.9

9.3

99.8 98.9

82.6

3.8

82.7

62.7

2013*

57.0

12 - Financial Soundness Indicators for the Banking Sector (Except CBE) (%)

א א

N/A

11.8

83.6

55.2

١٢- تابع مؤشرات أخرى للقطاع المصرفى (بخالف البنك المركزى المصرى)

FY

2014*

13.9

12.4

N/A

13.7

61.8

12.111.4

8.5

12,677,275###

106,236 105,571

40

44.1

* Fiscal year ends on June 30th for public sector banks, and on December 31st for other banks - Audited Financial

statements (including banks' foreign branches).

** The minimum capital adequacy standard according to Basel II regulations has been applied as of Dec. 2012

10.7

11.8

N/A

23.2

40.2

56.8

## After the acquisition of the Arab African International Bank on the Bank of Nova Scotia.

- 43 -

. א א א א א א א ، א א #

. א א א א א ##

- 42 -

× Excluding Egyptian T-bills .

×× Population in thousands per banking unit.

××× Published at the end of June and December.

. א א ×. א ××

.٢٠١٤ +++

# The Bank of Nova Scotia and The National Bank of Oman obtained approvals to cease operations in Egypt. .

. ×××

+ It is prohibited for common equity to be less than 3.5% starting January 2013, or to be less than 4%

++ Guidance ratio from the end of Sept.2015 till 2017, and compulsory from 2018 with a minimum requriement ratio 3%.

+++ As per latest fiscal year end 2014.

א א א ٢٠١٢ א II א א א א א **

. א א א ٢٠١٣ א ،

.٢٠١٥ א א ٪٦ ٢٠١٤ א א٪٤ ٢٠١٣ א א ٪٣,٥ א א א +

.٢٠١٥ א ٪٤,٥ ٢٠١٤ א.٪٣ ٢٠١٨ א ،٢٠١٧ ٢٠١٥ א א ++

### Including the number of prepaid debit cards up to the position in June 2015. .٢٠١٥ א א א ###

20162015

2013

June

٪٥,٥ ٢٠١٣ ٪٥ א א ***

א − א ٣١ א א ٣٠ א א *

.( א א )

2011 2012 2013 2014 2015 2015


Banknote Issue by Denomination+ 179794 207473 264128 289875 314885 324569 326179 325132 331977 342842 352896 369321 376908 + א א אPT 25 161 147 143 146 159 164 164 165 165 165 166 166 166

PT 50 303 296 293 316 355 361 362 363 363 364 364 365 364

LE 1 909 890 913 945 969 988 991 993 996 997 1000 1029 1035 אLE 5 2738 1944 1902 1833 1828 1807 1782 1753 1731 1870 1891 2431 2400

LE 10 2983 2940 3192 3516 3504 3024 2938 2853 2759 2827 2780 3089 3001

LE 20 9950 7809 6654 6809 6749 5878 5722 5591 5432 5381 5270 6093 5914

LE 50 22350 21720 25017 25279 30767 30161 29797 29282 28994 28929 28793 29115 29204

LE 100 73444 83606 107212 115749 114574 114917 115706 115162 118506 122898 126769 132481 134636

LE 200 66956 88121 118802 135282 155980 167269 168717 168970 173031 179411 185863 194552 200188

Note issue / GDP (%) 13.11 XX12.52 XX14.33 XX13.79 XX12.87 11.71 11.77 11.73 11.98 12.37 12.73 13.33 X11.62 (٪) א א א / א אCurrency in Circulation Outside CBE 179096 204870 260849 288651 313468 323373 324961 323832 330831 341399 351114 368459 375455 א א א א א אSubsidiary Denominations 324 351 377 408 428 433 433 434 435 435 436 436 437 א א Paper * 39 39 39 39 39 39 39 39 39 39 39 39 39 * Coins ** 285 312 338 369 389 394 394 395 396 396 397 397 398 **Denomination of Currency in Circulation 178772 204519 260472 288243 313040 322940 324528 323398 330396 340964 350678 368023 375018 א א א

PT 25 161 147 142 145 158 162 163 163 164 164 165 166 166

PT 50 302 296 292 314 352 359 359 360 360 361 362 364 364

LE 1 907 888 910 941 963 982 985 987 989 991 994 1027 1032 אLE 5 2654 1897 1839 1763 1803 1783 1758 1726 1700 1705 1737 2392 2378

LE 10 2886 2797 2949 3263 3411 2973 2896 2809 2716 2669 2630 3018 2963

LE 20 9672 7527 6465 6668 6636 5806 5668 5517 5367 5273 5190 6003 5842

LE 50 22246 20629 24765 25154 30579 30034 29677 29151 28879 28817 28688 29004 29077

LE 100 73269 82961 106192 115402 114027 114358 115102 114660 118050 122450 126251 132277 133993

LE 200 66675 87377 116918 134593 155111 166483 167920 168025 172171 178534 184661 193772 199203

Aver. value per note ( in LE ) 35.99 42.76 50.19 52.48 53.43 55.02 55.36 55.47 56.35 57.45 58.39 57.78 58.54 ( ) א

2016

( LE mn )

א א א א − ١٣( )

- 44-

13 - Banknote Issue & Currency in Circulation

. ١٠٠ ،٥٠،٢٥ א א +. ١٠ ، ٥ *

. ٢٥ ، ٥٠ ، ١ ، ٢٠ ، ١٠ ، ٥ ،١ **

- 45 -

xx According to the latest data released by the Ministry of Planning , Follow up and Administrative Reform.. א א א א א א א א XX

. א א א א א א א א ٢٠١٧/٢٠١٦ א א א א X

+ Including coin denominations of 25, 50 and 100 piasters.

* Denominations of 5 & 10 piasters.

** Denominations of 1, 5 ,10, 20 , 25 , 50 piasters, and 1 pound.

x According to the targeted GDP for FY 2016/2017, released by the Ministry of Planning, Follow up and

Administrative Reform.

2015

During א א2011/2012 2012/2013 2013/2014 2014/2015 2015/2016 Dec. Jan. Feb. Mar. Apr. May June July

Local Currency Transactions via RTGS* *(RTGS) א א א א א

1- Automated Clearing House (ACH) א א −١Number of transactions (thousand) 12829 13266 12886 13439 13500 1218 1033 1132 1239 999 1252 1077 1040 ( ) אValue of transactions (LE bn) 661 728 789 966 1047 88 80 84 92 80 101 91 88 ( ) א

2- Other Transactions via RTGS** **(RTGS) א א א −٢Number of transactions (in unit) 1298763 1230197 1034549 1021058 1074548 93718 82483 87104 96539 87801 98872 98642 86185 ( ) אValue of transactions (LE bn) 9402 12294 16421 22587 29709 2728 2164 2281 2811 2133 3055 2472 2321 ( ) א

Foreign Currency Transfers (Dollar Interbank Transactions) via the Fin-Copy System***

***Fin-Copy ( א א ) א א Number of transactions (in unit) 14080 9885 4842 5482 3399 284 187 293 333 135 105 117 103 ( ) א Value of transactions (US$ mn) 62321 34523 8468 7597 9257 586 433 507 1385 573 3310 291 129 ( ) א* The RTGS was launched on 15/3/2009. .٢٠٠٩ /٣/١٥ (RTGS) א א א *

** Including corridor operations and deposits for monetary policy purposes as of 15/3/2009. .٢٠٠٩/٣/١٥ א א א א א א א ***** This service was introduced on 19/9/2004. .٢٠٠٤/٩/١٩ א א א א ***

א (RTGS) א א א א −١٤14 -Transactions via RTGS and SWIFT

- 46 -

السنوات المالية

Fiscal Years

- 47 -

2016

2012 2013 2014 2015 2016٢٨ يونيو ٢٧ يونيو ٢٦ يونيو ٢٥ يونيو ٣٠ يونيو ٧ يوليو ١٤ يوليو ٢١ يوليو ٢٨ يوليو ٤ أغسطس ١١ أغسطس ١٨ أغسطس ٢٥ أغسطس

28 June 27 June 26 June 25 June 30 June 7 July 14 July 21 July 28 July 4 Aug. 11 Aug. 18 Aug. 25 Aug.

First : Interest Rates on Egyptian Pound* * א א א :Discount Rate 9.50 10.25 8.75 9.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 אOvernight Deposit & Lending Rates at the CBE** ** א א א א א א א

Deposit Rate 9.25 9.75 8.25 8.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 א אLending Rate 10.25 10.75 9.25 9.75 12.75 12.75 12.75 12.75 12.75 12.75 12.75 12.75 12.75 א א

The Rate of Main Operations+ + א אInterest Rate on TBs Repo Transactions++ ++ א א א א א

7 days 9.75 10.25 ٧Weighted Average of Interest Rates א א א א אon Banks' Deposits Accepted by the CBEX X א א א

7 days 9.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 ٧8 days 8.75 12.25 ٨

- 49 -

on 10/3/2011.

- 48 -

* In its meeting on 28/7/2016,the MPC decided to keep the CBE's key interest rates unchanged.

2016

X Bank deposit acceptance operations are conducted by the CBE on Tuesday of every week.

X تجرى عمليات ربط الودائع لدى البنك المركزى يوم الثالثاء من كل أسبوع.

+ According to the MPC meeting held on 21/3/2013, the CBE's main operations would be Repos or deposit auctions depending on the prevailing market liquidity conditions.++ 7-day Repo transactions were launched as of Tuesday 22/3/2011, according to the MPC Press Release issued in its meeting

* قررت لجنة السياسة النقدية فى اجتماعھا بتاريخ ٢٠١٦/٧/٢٨ االبقاء على أسعار العائد األساسية لدى البنك المركزى دون تغيير.

+ وفقاً لبيان لجنة السياسة النقدية بتاريخ ٢٠١٣/٣/٢١، فإن العمليات الرئيسية ھى عمليات إعادة شراء (Repo) أو مزادات اإليداع والتى ستحدد طبقاً لحالة السيولة فى السوق.

++ تم البدء فى إجراء عمليات اتفاقات إعادة الشراء (Repo) لمدة ٧ أيام اعتباراً من يوم الثالثاء الموافق ٢٠١١/٣/٢٢، وفقاً لبيان لجنة السياسة النقدية فى اجتماعھا المنعقد بتاريخ ٢٠١١/٣/١٠.

2016Week Ending א א

15 - Discount and Interest Rates

.These rates were first announced on 2/6/2005 in the press release of the MPC, and were applied as of 5/6/2005 **** بدأ اإلعالن عن ھذه األسعار فى بيان لجنة السياسة النقدية بتاريخ ٢٠٠٥/٦/٢، وبدأ تطبيقھا منذ ٢٠٠٥/٦/٥.

( % Annually )

א א − ١٥(٪ )

٢٣ ٣٠ ٢١ ٢٨ ٢٠ ٢٧ ١٩ ٢٦ ١٨ ٢٥ ٣٠ يونيو ٧ يوليو ١٤ يوليو ٢١ يوليو ٢٨ يوليو ٤ أغسطس ١١ أغسطس ١٨ أغسطس ٢٥ أغسطس ١ سبتمبر

23 June 30 June 21 June 28 June 20 June 27 June 19 June 26 June 18 June 25June 30 June 7 July 14 July 21 July 28 July 4 Aug. 11 Aug. 18 Aug. 25 Aug. 1 sept.

For: Overnight א :Less than one week

One week

Less than one month

One month

Over one month

Interest Rates on א א אDeposits & Loans at Banks** : : ** א א

More than one-month and less than or equal to three-month deposits 6.60 7.70 8.00 6.70 6.80 7.50 7.80 א אMore than three-month and less than or equal to six-month deposits 6.90 7.60 8.10 7.30 7.50 8.20 8.30 א אMore than six-month and less than or equal to one year deposits 7.40 8.40 9.30 8.40 8.80 8.90 8.90 א אLess than or equal to one year loans 11.00 11.90 12.60 11.30 11.60 13.40 13.80 א

Treasury Bills X : : X א א א91- day bills 11.761 12.095 14.753 14.753+ 14.025 14.211 10.677 10.636 12.246 11.672 13.960 13.974 14.093 14.149 14.272 14.212 14.089 14.154 14.035 14.030 ٩١182 - day bills 12.643 12.791 15.359 15.492 14.434 14.478 10.874 10.825 12.522 12.304 14.908 14.917 15.110 15.259 15.302 15.514 15.281 15.402 15.499 15.575 ١٨٢252 - day bills 12.869+ 12.869+ 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ٢٥٢259 - day bills 12.903+ 12.903+ 14.949+ 14.949+ 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ٢٥٩266 - day bills 12.866+ 12.981 15.905 15.905+ 14.719 14.883 10.922 10.922+ 12.326+ 11.933 15.118+ 15.115 15.115+ 15.570 15.570+ 15.653 15.653+ 15.889 15.889+ 16.128 ٢٦٦273 - day bills 12.944 12.944+ 15.859+ 15.967 14.741 14.741+ 10.975+ 10.895 12.574 12.574+ 15.087 15.087+ 15.320 15.320+ 15.752 15.752 + 15.730 15.730+ 15.969 15.969+ ٢٧٣280 - day bills 10.322+ 10.322+ 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ٢٨٠343 - day bills 12.917+ 12.917+ 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ٣٤٣350 - day bills 12.960 12.982 15.292+ 15.292+ 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ٣٥٠357 - day bills 12.980 12.980+ 15.928 15.928+ 14.839 14.906 10.971 10.971+ 12.270+ 12.505 14.188+ 15.185 15.185+ 15.617 15.617+ 15.947 15.947+ 15.914 15.914+ 16.071 ٣٥٧364 - day bills 12.969 12.969+ 15.915 15.965 14.877 14.877+ 11.115+ 10.938 12.723 12.723+ 15.185 15.185+ 15.370 15.370+ 15.743 15.743 + 15.825 15.825+ 15.965 15.965+ ٣٦٤371 - day bills 10.596 10.596+ 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ٣٧١

Other Saving Vessels*** : : *** אInvestment certificates with periodcal return xx 9.50 11.50 12.50 9.75 10.25 12.75 12.75 12.75 xx א א א א אInvestment certificates with accumulated return xx 9.00 11.00 12.00 9.25 9.75 10.75 10.75 10.75 xx א א א א אPost office saving deposits 9.00 9.00 9.00 8.50 8.00 8.00 8.00 8.00 א א

Second : Interest Rates on Foreign Currencies א א א :3- Month Foreign Currency Deposits in Egypt xx : :XX א א א א

In US Dollar אMinimum 0.1106 0.2073 0.1242 0.1051 0.1269 0.2840 0.3344 0.3714

Maximum 0.2408 0.4514 0.2706 0.2289 0.2764 0.6185 0.7281 0.8089

In EuroMinimum 0.4418 0.1669 0.0439 0.0534 0.0345 0.0345 0.0345 0.0345

Maximum 1.1780 0.4450 0.1171 0.1423 0.0920 0.0920 0.0920 0.0920

In Pound Sterling אMinimum 0.2063 0.2255 0.1279 0.1380 0.1438 0.1383 0.1278 0.0966

Maximum 0.5775 0.6313 0.3581 0.3863 0.4025 0.3872 0.3578 0.2704

*** يوضح الجدول أسعار العائد على شھادات االستثمار وودائع صندوق توفير البريد ، والتى عادة ما تتغير مع تغيير لجنة السياسة النقدية ألسعار العائد األساسية.+ وفقاً ألسعار األسبوع السابق.

X المصدر : اإلدارة العامة لألوراق المالية والقروض بالبنك المركزى.XX المصدر : البنك األھلى المصرى .

10.671

10.680

من ٦/١١- ٢٠١٣/٦/٢٤

from 11/6-24/6/2013

10.084

10.186

10.324

10.452

9.550

-

من ٦/١٢- ٢٠١٢/٦/٢٥

from 12/6-25/6/2012

9.764

9.817

9.925

10.242

9.979

-

من ٦/١٤ - ٢٠١١/٦/٢٧

from 14/6-27/6/2011

9.064

9.126

9.146

9.139

From 2/8 – 15/8/2016

11.838

12.053

11.963

11.819

من ٦/٢١ -٢٠١٦/٧/٤

11.915

11.990

12.018

12.166

من ٨/١٦ -٢٠١٦/٨/٢٩

From 16/8 – 29/8/2016

11.817

11.904

11.945

11.750

(٪ )

From 5/7 – 18/7/2016

11.890

א א − ١٥

א א

من ٧/١٩ -٢٠١٦/٨/١

From 19/7 – 1/8/2016

من ٨/٢ -٢٠١٦/٨/١٥

From 21/6 – 4/7/2016

من ٧/٥ -٢٠١٦/٧/١٨

-

from 10/6-23/6/2014

-

12.332-

8.728

from 9/6 – 22/6/2015

12.017

-

11.920

-12.090

9.224

-

.(DMMS) واعتباراً من سبتمبر ٢٠٠٧ ارتفع عدد البنوك التى تشملھا العينة،واعتباراً من يونيو ٢٠١٠ تم تغيير اآلجال وتجميع بيانات أسعار العائد (ودائع وقروض) من خالل نظام مراقبة السوق النقدى المحلى ٢٠٠٥ تم حساب المتوسط المرجح ألسعار العائد لعينة من البنوك تمثل ودائعھا نحو ٨٠% من إجمالى الودائع لدى الجھاز المصرفى وذلك على أساس شھرى. ** اعتباراً من سبتمبر

* Weighted average of actual transactions.

-

on a monthly basis. As of Sept. 2007, the number of banks in the sample increased. As of June 2010, maturities have been changed and the data on interest rates

12.000

8.969 11.844

9.181

XX Source : National Bank of Egypt.X Source : General Department for Securities & Loans at the CBE .

2012

-

+ According to the rates of the preceding week .

*** The table shows the interest rates on investment certificates and on the post office saving deposits that usually change with the key interest

(on deposits and loans) have been compiled according to the Domestic Money Monitoring System (DMMS).

rates changes made by the Monetary Policy Committee.

2011

- 51 -

9.256

8.440

8.396

8.807

** As of Sept. 2005, weighted average interest rates have been calculated ,based on a sample of banks whose deposits represent around 80% of the total deposits of the banking system

من ٦/١٠- ٢٠١٤/٦/٢٣من٦/٩ - ٢٠١٥/٦/٢٢

15 - Discount and Interest Rates (contd.)(% Annually)

20152013

: * א א

2016Week Ending

Interbank Interest Rates* :

2014

- 50 -

- -

- 11.850

11.910

* المتوسط المرجح للمعامالت الفعلية.

12.182 11.750

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 :MinimumMaximumWeighted average

Second: Market Rates א :US dollar 8.8571 8.8800 8.8571 8.8800 8.8574 8.8800 8.8571 8.8800 8.8574 8.8800 8.8574 8.8800 8.8574 8.8800 8.8574 8.8800 8.8574 8.8800 8.8574 8.8800 8.8571 8.8800 8.8606 8.8800 א אEuro 9.8908 9.9198 9.9164 9.9438 9.9159 9.9447 9.8624 9.8888 9.8194 9.8488 9.8185 9.8470 9.8140 9.8417 9.9044 9.9332 9.8805 9.9083 9.8902 9.9198 9.8987 9.9278 9.9867 10.0122 אPound Sterling 11.6861 11.7189 11.7525 11.7900 11.8070 11.8406 11.6586 11.6914 11.5767 11.6106 11.5536 11.5884 11.4908 11.5227 11.5829 11.6177 11.4801 11.5138 11.4491 11.4827 11.4053 11.4383 11.5090 11.5351 א אSwiss Franc 9.1556 9.1830 9.1727 9.1992 9.1465 9.1726 9.1020 9.1292 9.0272 9.0594 9.0244 9.0511 9.0024 9.0281 9.0697 9.0956 9.0948 9.1217 9.0762 9.1133 9.0861 9.1170 9.2029 9.2269 א א100 Japanese Yens 8.6512 8.6753 8.7194 8.7445 8.7628 8.7869 8.7538 8.7790 8.6991 8.7230 8.6448 8.6685 8.6744 8.6991 8.7628 8.7886 8.7386 8.7652 8.7420 8.7669 8.7521 8.7790 8.8253 8.8464 ١٠٠Saudi Riyal 2.3615 2.3679 2.3616 2.3678 2.3616 2.3681 2.3616 2.3678 2.3617 2.3678 2.3617 2.3679 2.3616 2.3679 2.3617 2.3679 2.3617 2.3679 2.3614 2.3680 2.3616 2.3679 2.3624 2.3679 א אKuwaiti Dinar 29.3312 29.4654 29.3448 29.4840 29.3516 29.5970 29.3399 29.4303 29.3487 29.4430 29.2992 29.4322 29.3002 29.4040 29.3380 29.4547 29.3215 29.4635 29.3584 29.4527 29.3418 29.4410 29.3513 29.4997 א אUAE Dirham 2.4112 2.4180 2.4110 2.4179 2.4112 2.4180 2.4112 2.4180 2.4115 2.4180 2.4112 2.4180 2.4112 2.4178 2.4112 2.4180 2.4112 2.4180 2.4115 2.4180 2.4112 2.4180 2.4121 2.4179 א א אChinese Yuan 1.3326 1.3369 1.3345 1.3388 1.3355 1.3394 1.3327 1.3365 1.3300 1.3347 1.3295 1.3332 1.3293 1.3332 1.3353 1.3396 1.3336 1.3376 1.3343 1.3389 1.3337 1.3377 1.3378 1.3408 א א א

Special Drawing Rights** ** א א

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 :MinimumMaximumWeighted average

Second: Market Rates א :US dollar 8.8606 8.8800 8.8603 8.8800 8.8606 8.8800 8.8603 8.8800 8.8606 8.8800 8.8574 8.8800 8.8574 8.8800 8.8574 8.8800 8.8574 8.8800 8.8574 8.8800 8.8569 8.8800 א א

Euro 9.9867 10.0122 10.0298 10.0539 10.0355 10.0619 10.0192 10.0442 10.0443 10.0681 9.9806 10.0078 10.0009 10.0291 9.9168 9.9465 9.8911 9.9181 9.8911 9.9181 9.8595 9.8888 א

Pound Sterling 11.5285 11.5582 11.6530 11.6825 11.5834 11.6133 11.6220 11.6506 11.6827 11.7109 11.7184 11.7500 11.6883 11.7225 11.6360 11.6701 11.5758 11.6088 11.6121 11.6452 11.6211 11.6550 א א

Swiss Franc 9.1924 9.2212 9.2381 9.2683 9.2154 9.2452 9.2035 9.2260 9.2154 9.2452 9.1644 9.1906 9.1682 9.1945 9.0373 9.0696 9.0391 9.0668 9.0308 9.0585 8.9981 9.0244 א א

100 Japanese Yens 8.7998 8.8218 8.8285 8.8526 8.8385 8.8632 8.8206 8.8429 8.8535 8.8756 8.8362 8.8614 8.8143 8.8393 8.6966 8.7213 8.6634 8.6897 8.6524 8.6770 8.5739 8.5980 ١٠٠

Saudi Riyal 2.3625 2.3679 2.3618 2.3686 2.3625 2.3679 2.3625 2.3679 2.3626 2.3679 2.3609 2.3686 2.3616 2.3679 2.3614 2.3680 2.3618 2.3679 2.3616 2.3680 2.3615 2.3679 א א

Kuwaiti Dinar 29.3892 29.4772 29.3863 29.5105 29.4127 29.5066 29.3980 29.4870 29.4068 29.4948 29.3779 29.4821 29.3974 29.4870 29.3974 29.4919 29.3283 29.4254 29.3264 29.4244 29.3187 29.4186 א א

UAE Dirham 2.4121 2.4180 2.4120 2.4180 2.4124 2.4180 2.4120 2.4180 2.4120 2.4179 2.4115 2.4177 2.4114 2.4176 2.4115 2.4180 2.4114 2.4176 2.4111 2.4179 2.4110 2.4179 א א א

Chinese Yuan 1.3351 1.3393 1.3357 1.3394 1.3315 1.3350 1.3313 1.3348 1.3338 1.3372 1.3302 1.3348 1.3295 1.3341 1.3270 1.3315 1.3263 1.3297 1.3260 1.3303 1.3259 1.3299 א א א

Special Drawing Rights** ** א א * Average foreign exchange rates. . א א *

** Effective 1/1/2011, the relative weights of the four currencies in the SDR basket were re-evaluated. Accordingly, the value of one SDR equals the sum of the

four currencies as follows : US$ 0.6600 (relative weight of 41.9% ), euro 0.4230 ( 37.4% ), Sterling pound 0.1110 ( 11.3% ), and yen 12.1000 ( 9.4% ). . (٪ ٩٫٤) ١٢٫١٠٠٠ א א ، (٪١١,٣) ٠٫١١١٠ א א ، (٪ ٣٧٫٤) ٠٫٤٢٣٠ א

8.7800

، ( ٪ ٤١٫٩ א א ) ٠٫٦٦٠٠ א א : א ،٢٠١١/١/١ א א SDR א א **

8.7800

8.7800

12.4402 12.371112.4438

8.7800

8.78008.7800 8.7800

8.7800

8.7800

21

8.7800

8.7800 8.7800 8.7800

8.7800

8.7800

12.4155 12.4540 12.4527 12.4345 12.4624

8.7800

8.7800

8.7800

8.7800

12.3492

8.7800 8.7800 8.7800

12.4411 12.3632

8.7800

8.78008.7800

8.78008.7800 8.78008.7800 8.7800

8.7800

8.7800 8.7800

8.7800

29

8.7800

8.7800

22

- 52 -

1410

12.349012.3747

8.7800

119 151 2 3 August 2016

4 7

١٦- أسعار الصرف اليومية لشھر أغسطس ٢٠١٦ ( بالجنيه لكل عملة أجنبية )*

17 18

12.3725 12.3929

16

16- Daily Exchange Rates for August 2016 (In LE per Foreign Currency Unit )*

August 2016

8.7800

12.3570

8.7800

8.7800

8.78008.7800 8.78008.7800

12.423412.3242

8.7800

8.7800

8.7800

August 201625

August 2016

8.7800

8.7800

12.3610

2423

12.4128 12.376412.3805

8.7800

8.7800

28

8.7800 8.7800

8.7800

8.7800

8.7800 8.7800

8.7800

8.78008.78008.7800

8

8.7800

8.7800

8.7800 8.7800

- 53 -

31

8.7800

30

8.7800

8.7800

8.7800

12.3304

Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell

First: Interbank Rates א א :Minimum

Maximum

Weighted average

Second: Market Rates א :US Dollar 8.8572 8.8794 8.8560 8.8794 8.8575 8.8794 8.8575 8.8794 8.8575 8.8794 8.8575 8.8794 8.8572 8.8794 8.8571 8.8800 א אEuro 10.0990 10.1261 9.9081 9.9360 9.9257 9.9538 9.9195 9.9467 10.0506 10.0763 9.9124 9.9405 10.0946 10.1243 9.8172 9.8479 אPound Sterling 12.8252 12.8583 12.9386 12.9772 13.0268 13.0643 12.8000 12.8378 12.8018 12.8378 12.4935 12.5279 13.2079 13.2445 11.8960 11.9312 א אSwiss Franc 9.1359 9.1625 8.9283 8.9609 8.9569 8.9882 8.9678 8.9936 9.2093 9.2349 9.1541 9.1862 9.2620 9.2900 9.0434 9.0696 א א100 Japanese Yens 8.1125 8.1335 8.0443 8.0670 8.0692 8.0928 8.1433 8.1657 8.3193 8.3429 8.4940 8.5174 8.3812 8.4061 8.6226 8.6491 ١٠٠Saudi Riyal 2.3615 2.3678 2.3596 2.3676 2.3616 2.3675 2.3616 2.3678 2.3616 2.3678 2.3616 2.3678 2.3617 2.3678 2.3616 2.3680 א אKuwaiti Dinar 29.3674 29.4605 29.2945 29.4107 29.2985 29.3883 29.3150 29.4107 29.4025 29.4850 29.3928 29.4801 29.4455 29.5340 29.3350 29.4342 א אUAE Dirham 2.4112 2.4179 2.4108 2.4179 2.4113 2.4179 2.4114 2.4176 2.4113 2.4177 2.4115 2.4175 2.4114 2.4175 2.4114 2.4183 א א אChinese Yuan 1.3589 1.3629 1.3519 1.3567 1.3510 1.3548 1.3451 1.3493 1.3492 1.3538 1.3437 1.3474 1.3473 1.3511 1.3331 1.3367 א א א

Special Drawing Rights** א ** א

Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Sell

First: Interbank Rates א א :Minimum

Maximum

Weighted average

Second: Market Rates א :US dollar 8.8574 8.8800 8.8578 8.8800 8.8574 8.8800 8.8574 8.8800 8.8571 8.8800 8.8574 8.8800 8.8603 8.8800 8.8574 8.8800 א אEuro 9.8574 9.8861 9.8401 9.8675 9.7822 9.8088 9.8229 9.8506 9.8624 9.8888 9.8805 9.9083 10.0298 10.0539 10.0009 10.0291 אPound Sterling 11.7627 11.7953 11.7914 11.8255 11.6723 11.7083 11.6644 11.6967 11.6586 11.6914 11.4801 11.5138 11.6530 11.6825 11.6883 11.7225 א אSwiss Franc 9.0920 9.1199 9.0339 9.0603 8.9841 9.0097 9.0152 9.0409 9.1020 9.1292 9.0948 9.1217 9.2381 9.2683 9.1682 9.1945 א א100 Japanese Yens 8.6321 8.6567 8.3658 8.3892 8.3419 8.3663 8.4534 8.4773 8.7538 8.7790 8.7386 8.7652 8.8285 8.8526 8.8143 8.8393 ١٠٠Saudi Riyal 2.3616 2.3679 2.3617 2.3677 2.3616 2.3679 2.3616 2.3679 2.3616 2.3678 2.3617 2.3679 2.3618 2.3686 2.3616 2.3679 א אKuwaiti Dinar 29.3468 29.4596 29.3099 29.3972 29.2692 29.3641 29.2731 29.3573 29.3399 29.4303 29.3215 29.4635 29.3863 29.5105 29.3974 29.4870 א אUAE Dirham 2.4114 2.4178 2.4115 2.4176 2.4111 2.4179 2.4111 2.4179 2.4112 2.4180 2.4112 2.4180 2.4120 2.4180 2.4114 2.4176 א א אChinese Yuan 1.3287 1.3331 1.3246 1.3292 1.3268 1.3307 1.3301 1.3339 1.3327 1.3365 1.3336 1.3376 1.3357 1.3394 1.3295 1.3341 א א א

Special Drawing Rights** ** א א

* Average foreign exchange rates on the last working day of the week. . א א א * ** Effective 1/1/2011, the relative weights of the four currencies in the SDR basket were re-evaluated. Accordingly, the value of one ،(٪ ٤١,٩ א (א ٠,٦٦٠٠ א א : א ،٢٠١١/١/١ א א SDR א א **

SDR equals the sum of the four currencies as follows : US$ 0.6600 (relative weight of 41.9% ), euro 0.4230 ( 37.4% ), Sterling . (٪ ٩,٤) ١٢,١٠٠٠ א א ، (٪١١,٣) ٠,١١١٠ א א ، (٪ ٣٧,٤) ٠,٤٢٣٠ א pound 0.1110 ( 11.3% ), and yen 12.1000 ( 9.4% ).

8.7800

4/7/2016 28/7/201614/7/2016

July 2016

12.464312.524512.5152 12.4551 12.4448

8.7800

- 54 -

12.441112.454012.3570

- 55 -

12.2772

8.78008.7800

8.78008.7800

11/8/2016 25/8/2016

8.7800

18/8/2016

8.7800 8.7800

21/7/2016

8.7800

17 - Weekly Exchange Rates ( In LE per Foreign Currency Unit )* ١٧- أسعار الصرف االسبوعية ( بالجنيه لكل عملة أجنبية )*

19/5/2016

8.7800 8.7800

16/6/2016 23/6/2016

8.78008.7800 8.7800

2/6/2016

8.7800 8.7800

9/6/2016

8.7800

29/6/201612/5/2016 26/5/2016June 2016

8.7800

4/8/2016

8.7800

8.7800

8.7800

12.380512.3144

8.7800

8.7800

8.7800

8.78008.7800 8.7800

8.7800 8.7800

8.7800 8.7800

12.3649 12.3230

May 2016 June 2016

8.7800

August 2016

12.3636

8.7800

12.4536

8.7800

8.78008.7800

8.7800

8.7800

8.7800

8.7800

8.7800

8.7800 8.7800

8.7800

12.5932

8.7800

8.7800

8.7800

.

2011 2012 2013 2014 2015 2015


Listing אNo. of listed companies (Unit) 211 212 210 213 221 221 221 222 221 222 222 222 221 ( ) א אNo. of listed shares 32364 40019 40147 43800 53304 59938 60163 61131 60939 61163 61484 61773 61751 א אListed capital ( LE ) 144699 150106 152078 162671 178068 186392 185501 186627 187972 188219 188334 188833 N/A ( ) א א א

Listed Bonds ( LE ) 224837 285311 328030 446907 602401 696541 710040 721093 738219 748539 746097 756722 761315 ( ) אGovernment*, of which : 206891 270685 315090 436367 592787 685881 698916 710103 727045 737545 735321 745070 750170 : ،*

Bonds of the primary dealers 206767 270567 314978 436260 592690 685815 698850 710036 726978 737478 735255 745005 750105 א א אCompanies 6718 4285 3474 2445 1500 2164 2164 2164 2458 2458 2458 2458 2458

Securitization 6228 5341 4466 3095 3114 3496 3960 3826 3716 3536 3318 4194 3687

Public juristic entities** 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 ** א אTrading א אTotal Value of Traded Securities during the Month ( LE ) 20502 11408 10859 41657 12631 16164 19569 20097 28222 20327 26578 13863 N/A ( ) א א א א א אFloor Trading

Shares 14628 5096 4674 17933 8195 10983 8545 8207 19573 13857 12228 8856 N/A

Bonds, of which : 2761 5064 954 11285 3685 3291 8373 10232 5601 4963 13061 4621 N/A : ، אBonds of the primary dealers 2747 5064 954 11285 3685 3291 8373 10232 5601 4963 13061 4621 N/A א א א

Mutual fund documents 0 0 0 0 26 290 230 123 341 253 147 119 N/A אOver the Counter Trading א

Shares 3113 1248 5231 12439 725 1600 2421 1535 2707 1254 1142 267 N/A

Bonds 0 0 0 0 0 0 0 0 0 0 0 0 N/A אMutual fund documents 0 0 0 0 0 0 0 0 0 0 0 0 N/A א

Other Indicators אMarket capitalization ( LE ) 399756 339768 321679 477641 485175 429793 391121 393098 407481 413347 401819 382541 413853 ( ) א אP/E ratio of the most active companies *** 12.98 10.91 10.99 15.35 22.33 15.52 13.53 12.64 11.95 12.30 11.82 11.31 12.25 *** א א

The Market of Small and Medium Enterprises (Nilex)**** ****( א ) א א אNo. of listed companies (Unit) 18 21 23 24 33 31 30 31 32 32 32 32 32 ( ) א אNo. of listed shares 152 190 228 265 460 440 439 511 627 627 627 672 676 א אTotal value of traded securities ( LE ) 14 7 9 51 43 71 18 39 45 127 60 63 105 ( ) א א א א אThe market capitalization of shares ( LE ) 1007 1093 963 1062 1202 1029 980 978 1071 1195 1220 1198 1228 ( ) א א

Source: Egyptian Financial Supervisory Authority (EFSA) and the Egyptian Exchange (EGX).

א א א − ١٨ (mn) ( )

18 - Stock Market

المصدر: الھيئة العامة للرقابة المالية والبورصة المصرية .

2016

*** مضاعف الربحية = السعر / العائد.

**** تم بدء التداول فى بورصة النيل اعتباراً من ٢٠١٠/٦/٣.

- 57 - - 56 -

*** P/ E = price / earning.

**** Trading in the Nilex started on 3/6/2010.

* تتضمن سندات الخزانة ( شاملة المتعاملون الرئيسيون )، وسندات اإلسكان، وسندات التنمية.** تم قيد سندات الھيئات اإلعتبارية فى بورصة األوراق المالية اعتباراً من ديسمبر ٢٠١٠، وتم استھالك الشريحة الثانية من اإلصدار األول والثانى للسندات ذات العائد

الثابت فى تاريخ االستحقاق النھائى لھما خالل شھرى أبريل ويونيو ٢٠١١.

* Including Treasury bonds (encompassing primary dealers), housing bonds and development bonds.

** Public juristic entities bonds were listed on the Egyptian Exchange as of December 2010. The second tranche

of the first and second bond issues were redeemed at their final redemption dates in April and June 2011, respectively.

2011 2012 2013 2014 2015 2015


The Egyptian Exchange Indices * * א א אEGX 20 Capped 5888.1 5452.0 5210.7 9869.7 8543.6 7074.6 6054.3 6140.2 8102.4 7875.0 7622.2 6977.4 8280.7 EGX 20 Capped

EGX 30 5373.0 4708.6 4752.2 8162.2 8371.5 7006.0 5992.7 6146.9 7525.0 7773.2 7483.7 6942.5 7983.2 EGX 30

EGX 70 629.6 422.0 360.2 591.1 444.7 378.7 356.4 351.1 367.3 374.3 373.8 351.0 361.6 EGX 70

EGX 100 972.9 729.5 643.0 1034.3 941.8 790.6 715.6 723.1 792.2 790.0 783.8 743.7 782.8 EGX 100

Nile 839.2 763.8 657.2 583.2 546.9 560.3 632.7 660.4 673.5 631.6 635.8 א

Sectoral Indices א א אBanks 1416.9 1236.1 1421.4 2397.4 3727.1 3203.7 2726.3 2848.4 3196.4 3644.8 3468.9 3263.2 3793.3 אBasic Resources 464.8 319.5 368.7 766.8 391.4 392.7 348.1 293.5 420.7 399.9 355.9 325.1 359.3 א א אChemicals 842.1 701.4 649.1 908.0 668.5 596.4 570.9 599.7 690.2 705.4 639.5 628.7 712.3 אConstruction & Building Materials 1527.2 1354.0 1305.8 2105.6 1537.6 1223.7 1076.3 1000.6 1005.0 1038.3 1085.5 1041.5 1033.8 א א אFinancial Services (Excl. Banks) 560.9 418.5 288.5 643.4 474.1 363.3 315.2 308.8 397.0 384.3 377.0 352.2 407.7 ( א ) א אFood & Beverages 865.8 660.2 1032.6 1401.9 1273.8 1235.5 1150.6 1023.1 1198.3 1169.0 1166.5 1106.5 1023.0 א אHealthcare and Pharmaceuticals 1510.0 1146.5 1420.2 1723.4 2796.3 2347.5 2168.7 2060.3 1989.0 2234.5 2532.3 2562.5 2351.3 א א אIndustrial Goods & Services and Automobiles 1437.8 927.2 797.0 1297.2 1221.7 967.8 858.4 864.3 1001.7 1006.1 969.0 945.6 972.0 א א א א אHousehold & Personal Products 547.3 378.6 423.4 800.6 868.7 707.9 624.4 698.6 746.9 686.5 675.5 629.1 652.7 א א אReal Estates 792.9 669.3 653.3 1406.1 1440.5 1215.1 1022.3 1033.5 1333.2 1282.9 1192.3 1052.7 1225.8 א אTelecommunications 371.0 386.2 444.9 621.9 359.3 290.5 256.2 284.0 385.4 368.6 383.5 369.6 448.5 אTravel & Recreation 358.0 245.0 166.9 345.9 205.9 163.8 149.0 148.5 191.6 189.4 168.1 136.8 143.0 א א

Privatization אNo. of Companies Sold (Accumulated), of which: 282 282 282 282 282 282 282 282 282 282 282 282 282 : ،( א (א א א

Anchor investor 85 85 85 85 85 85 85 85 85 85 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: 53644 53644 53644 53644 53644 53644 53644 53644 53644 53644 53644 53644 53644 : ،( ) ( א (א א Anchor investor 32208 32208 32208 32208 32208 32208 32208 32208 32208 32208 32208 32208 32208

Majority IPOs 6064 6064 6064 6064 6064 6064 6064 6064 6064 6064 6064 6064 6064 א

- 58 -

א א א − ١٨

- 59 -

18 - Stock Market (contd.)

א א CASE 30 إلى EGX 30 واإلعالن عن مؤشر EGX 70 א א א *

. א א : א

.٢٠١٢ ٢

Source : The Egyptian Exchange (EGX).

2016

* The Egyptian Exchange CASE 30 Index was renamed EGX 30, while the EGX 70 index was introduced as

index was introduced. It was computed as of the 2nd of July 2012.

א א א ٢٠١٤ א א א .٢٠٠٣ א א א א א א . א

of March 2009 to cover 70 companies other than the 30 constituent companies of EGX 30. EGX 100 was also א א א EGX 100 א .٢٠٠٩ א א EGX 30 א א א٢٠ א ، ٢٠١١ EGX 20 Capped א .٢٠٠٩ א EGX 30 introduced, encompassing the constituent companies of EGX 30 and EGX 70, as of August 2009. EGX 20 ، وEGX 70 א

Capped was also introduced in October 2011, which includes the most active 20 companies listed on the

Egyptian Exchange. The index was computed as of the 1st of February 2003. In February 2014, the Nile

2011 2012 2013 2014 2015 2016

End of א

June June June June June Jan. Feb. Mar. Apr. May June July Aug.

Net International Reserves 26564 15534 14936 16687 20082 16478 16534 16561 17011 17521 17546 *15537 16564 א אGross Official Reserves 26593 15556 14960 16710 20104 16500 16556 16586 17035 17545 17570 15561 16589 א א

Gold 2743 3303 2463 2662 2420 2301 2554 2533 2566 2513 2602 2735 2726 אSDRs 1311 1243 1233 1274 1168 1153 1164 1172 1180 1179 793 789 796 א א אForeign currencies 22450 10926 11181 12695 16453 12993 12786 12829 13237 13801 14128 11991 13022 א אLoans to IMF 89 84 83 79 63 53 52 52 52 52 47 46 45 א א

א א א א אNIR in months of merchandise imports 5.9 3.1 3.1 3.3 3.9 3.5 3.5 3.5 3.6 3.7 3.7 x3.3 x3.5 א א

- USD 1,017.50 Mio , the redemption of Qatar's holdings of the Egyptian Sovereign Eurobonds EMTN plus coupon.

2016

19 - Gross and Net International Reserves with the CBE

- USD 714.43 Mio , the semiannual installments to the creditor countries under the Paris Club agreed minutes.

- 61-

.٢٠١٦/٢٠١٥ א א א א א א x- USD 250.00 Mio, the First tranche of the Libyan deposit with CBE.

( )א א א א א − ١٩

- 60 -

(US$ mn)

: א א א ٢٠١٦ *

. א ، א א א א ١٠١٧,٥٠ −

x Estimated on the basis of merchandise imports during FY 2015/2016.

* The month of July ,2016 witnessed the payments of :

. א א א א ٧١٤,٤٣ −

. א א א א א א א ٢٥٠,٠٠ −

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 א א א −

(1) Foreign currency reserves (in convertible foreign currencies) א א (١) א

(a) Securities 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: : א א א ( )

(i) Other national central banks, BIS and IMF א א א א א א א א :

(ii) Banks headquartered in the reporting country א א א :

of which; located abroad א א א ؛

(iii) Banks headquartered outside the reporting country א א א :

of which; located in the reporting country א א א א ؛

(2) IMF reserve position א א א (٢)

(3) SDRs א א א (٣) א

(4) Gold (including gold deposits and, if appropriate, gold swapped) ( א א ، א א ) (٤) א

- Volume in fine troy ounces א −

(5) Other reserve assets (specify) ( א ) א א א (٥)

- Financial derivatives א א −

- Loans to non-bank (non-residents) א א −

- Other −

B. Other foreign currency assets (specify) ( 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 א א א א א א −

- Loans not included in official reserve assets 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 −

Up to 1 month

More than 1 month & up to 3 months

More than 3 months & up

to 1 year

Up to 1 month

More than 1 month & up to 3 months

More than 3 months & up

to 1 year

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 -9620.90 -2034.34 -297.21 -7289.35 -8278.09 -128.36 -814.05 -7335.68 א א א −١

- Outflows ( - ) Principal -8733.33 -1943.93 -208.15 -6581.25 -7403.00 -90.54 -627.05 -6685.41 א ( - ) א א

Interest -887.57 -90.41 -89.06 -708.10 -875.09 -37.82 -187.00 -650.27 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-á-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) +16.20 0.00 0.00 +16.20 +15.90 0.00 0.00 +15.90 ( 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 ( - ) ( - ) א −

- Trade credit (+) +16.20 0.00 0.00 +16.20 +15.90 0.00 0.00 +15.90 ( + ) א −

- Other accounts payable ( - ) ( - ) א −

- Other accounts receivable (+) ( + ) א −

- 63 - - 62 -

Maturity Breakdown (residual maturity) (residual maturity)

TotalTotal

Maturity Breakdown

413.6

The expected disbursements of contractual loans to be received within the next year are illustrated in section V in this table. . א א א א א א א א א א א

413.6

1793.2

459.6

459.6

4108.0

4483.6

3.3

2432227

1793.2

381.6

793.3

3214.2

379.1

789.4

3217.8

20 - Official Reserves and Foreign Currency Liquidity א א א א − ٢٠( US$ mn ) ( بالمليون دوالر )

End of2016 2016

June July

17096.7

10914.4

1351.6

9562.8

971.2

14951.5

1093.6

2432227

825.9

4108.5

4136.8

4.9

4108.0

825.9

9739.3

8645.7

400.4

4108.5

Up to 1 month

More than 1 month &

up to 3 months

More than 3 months & up to 1

year

Up to 1 month

More than 1 month &

up to 3 months

More than 3 months & up to 1

year

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 -4609.36 -26.60 -4354.16 -228.60 -4609.36 -4330.16 -48.00 -231.20 א א א א −١ (a) collateral guarantees on debt falling due within 1 year -303.20 -26.60 -48.00 -228.60 -303.20 -24.00 -48.00 -231.20 א א (أ) (b) other contingent liabilities -4306.16 0.00 -4306.16 0.00 -4306.16 -4306.16 0.00 0.00 א א א א (ب) 2 - Foreign currency securities issued with embedded options (puttable bonds) ( א 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 א (أ)

- Other national monetary authorities (+) (+) א א א א − - BIS (+) (+) א א − - IMF (+) (+) א א − - Other international organizations (+) (+) −

(b) Banks and other financial institutions headquartered in the reporting country (+) (+) א א א א א א א א א (ب)

(c) Banks and other financial institutions headquartered outside the reporting country (+) (+) א א א א א א א א א (ج)

4 - Undrawn, unconditional credit lines provided to: : א א א א א −٤ (a) Other national monetary authorities, BIS and IMF and other international organizations א א א א א א א א א א א (أ)

- Other national monetary authorities ( - ) ( - ) א א א א − - BIS ( - ) ( - ) א א −

- IMF ( - ) ( - ) א א −

- Other international organizations ( - ) ( - ) −

(b) Banks and other financial institutions headquartered in the reporting country (-) (−) א א א א א א א א א (ب)

(c) Banks and other financial institutions headquartered outside the reporting country (-) (−) א א א א א א א א א (ج) 5 - Aggregate short and long positions of options in foreign currencies vis-á-vis the domestic currency ٥- إجمالى مراكز العجز و الفائض فى عقود الخيار بالعمالت األجنبية مقابل العملة المحلية (a) Short positions א א (أ) (i) Bought puts א א ( ) (ii) Written calls א א ( ) (b) Long positions א (ب) (i) Bought calls א א א ( ) (ii) Written puts א ( )PRO MEMORIA: In-the money options ( א א ) א א א (1) At current exchange rate א א (١) (a) Short position א ( ) (b) Long position א ( ) (2) +5% (depreciation of 5%) (٪٥ (א ٪٥+ (٢) (a) Short position א ( ) (b) Long position א ( ) (3) -5% (appreciation of 5%) (٪٥ ) ٪٥− (٣) (a) Short position א ( ) (b) Long position א ( ) (4) +10% (depreciation of 10%) (٪١٠ (א ٪١٠+ (٤) (a) Short position א ( ) (b) Long position א ( ) (5) -10% (appreciation of 10%) (٪١٠ ) ٪١٠− (٥) (a) Short position א ( ) (b) Long position א ( ) (6) Other (specify) א) ) (٦) (a) Short position א ( ) (b) Long position א ( )

20- Official Reserves and Foreign Currency Liquidity (contd.)

2016 2016

( US$ mn )

א א א א −٢٠( بالمليون دوالر )

Total

(residual maturity)

- 65 -

Maturity Breakdown

End of

June

Total

Maturity Breakdown (residual maturity)

July

- 64 -

IV.Memo items : א(1) to be reported with standard periodicity and timeliness: : (١)

(a) short-term domestic currency debt indexed to the exchange rate א א א א א א −

(b) financial instruments denominated in foreign currencies and settled by other means (e.g. in domestic currency)

( א : ) א א א א א −

- Derivatives (forwards, futures or options contracts) ( א א א א (א א א − - short positions א א − - long positions א א −

- Other instruments א −(c) pledged assets א א −

- 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 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 maturity greater than one year

א א א א ( א א א א (א א א −. א א

- aggregate short and long positions of forwards and futures in foreign currencies vis-á-vis the domestic currency (including the forward leg of currency swaps)

א א א א א א א א א −( א א א )

(a) short positions (-) (−) א א ( )

(b) long positions (+) (+) א א ( ) - aggregate short and long positions of options in foreign currencies vis-á-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 ( )

1793.2

- 67 - - 66 -

2016

825.9

20- Official Reserves and Foreign Currency Liquidity (contd.) ( US$ mn )


July

2016

June End of

(2) to be disclosed at least once a year: : א א א (٢)(a) currency composition of reserves (by groups of currencies) ( א ) א א (أ)

- currencies in SDR basket א א א א א −- currencies not in SDR basket א א א א א −- by individual currencies (optional) ( (א −

Up to 1 month

More than 1 month &

up to 3 months

More than 3 months & up to 1 year

Up to 1 month

More than 1 month &

up to 3 months

More than 3 months & up to 1 year

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 −٢B. Other 6950.44 579.20 1158.41 5212.83 7003.92 583.66 1167.32 5252.94 −

- External debt disbursements (2) 2138.44 178.20 356.41 1603.83 2131.34 177.61 355.22 1598.51 (٢) א א א −- Suez Canal foreign currency sales to CBE (+) (3) 4812.00 401.00 802.00 3609.00 4872.58 406.05 812.10 3654.43 (٣) (+) א א א א א −

. א א א א א א א (١). א א א א א א א (٢)

. א א א א א (٣)

(1) This section is added to shed light on certain items that positively affect the official reserves.(2) Refer to the footnote at the bottom of section II of the template.(3) These sectors are obliged to sell their surplus of foreign currencies to the CBE.

- 69 -


- 68 -

Maturity Breakdown

14921.6

(residual maturity)

Total

20- Official Reserves and Foreign Currency Liquidity (contd.) ( US$ mn )

JulyJune

Maturity Breakdown

29.9

2016 End of

Total

(residual maturity)

2016

34.2

17062.5

- 71 - - 70 -

0

50

100

150

200

250

300

350

June 11 June 12 June 13 June 14 June 15 Dec.15 Jan.16 Feb. Mar. Apr. May June July

Foreign Assets األصول االجنبية

Foreign Liabilities الخصوم االجنبية

Foreign Assets & Liabilities of the Banking Systemاألصول والخصوم األجنبية للجھاز المصرفى مليار جنيه (LE bn)

-3.0

2.0

7.0

12.0

17.0

22.0

27.0

32.0

37.0


(%)

Domestic Liquidity السيولة المحلية

Money Supply المعروض النقدى

Reserve Money نقود االحتياطى

Annual Change Rate in Monetary Aggregatesمعدل التغير السنوي في المتغيرات النقدية الكلية

0

300

600

900

1200

1500

1800

2100

2400

June 15 July 15 June16 July16

Total Deposits at Banks by Currency العملةحسبالبنوكلدىالودائعإجمالى

Foreign Currencies عمالت أجنبية

Local Currency عملة محلية

مليار جنيه

)LE bn(

0

200

400

600

800

1000

1200

1400

1600

1800

2000

2200

June 11 June 12 June 13 June 14 June 15 Dec.15 Jan. 16 Feb. Mar. Apr. May June July

External sector القطاع الخارجىHousehold sector القطاع العائلىPrivate business sector قطاع االعمال الخاصPublic business sector قطاع االعمال العامGovernment sector القطاع الحكومى

مليار جنيه Total Deposits at Banks by Sector إجمالى الودائع لدى البنوك وفقا للقطاعات(LE bn)

- 73 - - 72 -

0

200

400

600

800

1000

1200

1400

1600

1800

2000

2200

2400

2600

2800

June 15 July 15 June16 July16

مليار جنيه)LE bn( Domestic Credit by Sector القطاعاتحسبالمحلىاالئتمان

Household sector القطاع العائلىPrivate business sector قطاع االعمال الخاصPublic business sector قطاع االعمال العامGovernment sector (Net) صافى القطاع الحكومى

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

0.00

5.00

10.00

15.00

20.00

25.00

30.00

35.00

40.00

June 11 June 12 June 13 June 14 June 15 Jan.16 Feb. Mar. Apr. May June July Aug.

Net International Reserves (NIR) الدوليةاالحتياطياتصافى

NIR صافي االحتياطيات الدولية

NIR in months of merchandise imports عدد شھور الواردات السلعية التى يغطيھا صافى االحتياطيات الدولية

مليار دوالرUS$ bn

شھورMonths

8.00

8.50

9.00

9.50

10.00

10.50

11.00

11.50

12.00

12.50

13.00

13.50Overnight ليلة واحدة

Less than one week أقل من أسبوع

One week أسبوع

Interbank Interest Rates أسعار العائد بين البنوك(%)

6.00

7.00

8.00

9.00

10.00

11.00

12.00

13.00

14.00

15.00

16.00

17.00

18.00


More than six-month and less than or equal to one year deposits الودائع لمدة أكبر من ستة أشھر وأقل من أو تساوى سنة

Less than or equal to one year loans القروض لمدة أقل من أو تساوى سنة

Discount rate سعر إعادة الخصم

Discount & Interest Rates on Deposits & Loans at Banks الخصم و العائد على الودائع و القروض لدى البنوك أسعار(%)

- 74 -

7.00007.10007.20007.30007.40007.50007.60007.70007.80007.90008.00008.10008.20008.30008.40008.50008.60008.70008.80008.90009.0000

1 2 3 4 7 8 9 10 11 14 15 16 17 18 21 22 23 24 25 28 29 30 31

(L.E.)

(days)

Daily Developments in the Average of Market (buy) and Interbank Exchange Rates of US Dollar during August 2016

٢٠١٦أغسطسوأسعار االنتربنك للدوالر االمريكى خالل شھر ) شراء(التطور اليومى لمتوسط أسعار العمالء

Weighted average interbank rate متوسط أسعار االنتربنك Average market rate (buy) ( شراء(متوسط أسعار العمالء

7.00007.10007.20007.30007.40007.50007.60007.70007.80007.90008.00008.10008.20008.30008.40008.50008.60008.70008.80008.90009.0000(L.E.)

(days)

Weekly Developments in the Average of Market (buy) and Interbank Exchange Rates of US Dollar

وأسعار االنتربنك للدوالر االمريكى) شراء(التطور االسبوعى لمتوسط أسعار العمالء

Weighted average interbank rate متوسط أسعار االنتربنك Average market rate (buy) ( شراء(متوسط أسعار العمالء

אא External Sector

2014/2015*א א א א א א א א א א א א א א א א א א

2011/2012 2012/2013 2013/2014 2014/2015* 2015/2016* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Trade Balance -34139.0 -30694.7 -34159.3 -39060.4 -37606.2 -9924.4 -10462.9 -9159.0 -9514.1 -9900.9 -9561.6 -9858.5 -8285.2 א א א Export proceeds ** 25071.9 26988.1 26022.6 22245.1 18704.6 6414.4 5930.0 4752.3 5148.4 4731.1 4399.1 4275.5 5298.9 ** א א Petroleum exports 11225.0 13023.0 12355.9 8891.9 5674.3 2858.1 2510.4 1569.3 1954.1 1662.3 1464.7 1084.1 1463.2 א Other exports 13846.9 13965.1 13666.7 13353.2 13030.3 3556.3 3419.6 3183.0 3194.3 3068.8 2934.4 3191.4 3835.7 א א Import payments** -59210.9 -57682.8 -60181.9 -61305.5 -56310.8 -16338.8 -16392.9 -13911.3 -14662.5 -14632.0 -13960.7 -14134.0 -13584.1 ** א א א Petroleum imports -11774.5 -12124.2 -13246.9 -12366.1 -9293.6 -4003.6 -3012.1 -2222.9 -3127.5 -2809.6 -2620.7 -1641.8 -2221.5 א א Other imports -47436.4 -45558.6 -46935.0 -48939.4 -47017.2 -12335.2 -13380.8 -11688.4 -11535.0 -11822.4 -11340.0 -12492.2 -11362.6 א א א Services (Net) 5584.7 5039.4 1011.7 5042.0 2061.7 2178.8 1914.0 159.3 789.9 1686.8 543.7 177.9 -346.7 ( ) א Receipts 20872.2 22224.4 17631.4 22024.6 16476.2 6448.8 6008.3 4385.0 5182.5 5142.9 4131.6 3513.9 3687.8 א Transportation, of which: 8585.0 9187.5 9466.0 9850.3 9534.6 2677.2 2455.6 2245.5 2472.0 2640.9 2368.9 2243.2 2281.6 : א Suez Canal dues 5207.8 5031.8 5369.1 5361.7 5121.6 1474.6 1382.5 1224.3 1280.3 1366.4 1280.3 1231 1243.9 א א Travel ( tourism revenues ) 9419.0 9751.8 5073.3 7370.4 3767.5 2091.8 1920.1 1458.1 1900.4 1725.5 981.1 550.5 510.4 ( א א א (א א Investment income 246.1 197.8 194.2 212.8 396.9 43.6 55.7 50.2 63.3 101.2 88.8 83.2 123.7 א Government receipts 276.2 437.6 654.4 1381.5 378.0 583.2 556.5 102.3 139.5 123.2 81.1 74.4 99.3 Others 2345.9 2649.7 2243.5 3209.6 2399.2 1053.0 1020.4 528.9 607.3 552.1 611.7 562.6 672.8 א Payments 15287.5 17185.0 16619.7 16982.6 14414.5 4270.0 4094.3 4225.7 4392.6 3456.1 3587.9 3336.0 4034.5 א Transportation 1374.9 1658.7 1717.2 1535.0 1339.1 396.4 412.7 351.4 374.5 381.5 341.3 293.5 322.8 א Travel 2497.6 2928.8 3044.5 3338.2 4091.0 827.2 791.3 854.1 865.6 791.5 930.5 1191.7 1177.3 א Investment income, of which: 6725.5 7604.2 7456.9 5913.7 4868.2 1830.2 1393.5 1516.6 1173.4 1248.8 1367.0 769.3 1483.1 : א Interest paid 534.6 755.1 652.5 643.6 751.6 211.5 158.1 158.8 115.2 184.7 194.6 142.3 230.0 א Government expenditures 1151.9 1243.7 1073.9 854.1 777.1 201.6 162.4 172.5 317.6 183.5 121.7 144.7 327.2 א Others 3537.6 3749.6 3327.2 5341.6 3339.1 1014.6 1334.4 1331.1 1661.5 850.8 827.4 936.8 724.1 אBalance of Goods & Services -28554.3 -25655.3 -33147.6 -34018.4 -35544.5 -7745.6 -8548.9 -8999.7 -8724.2 -8214.1 -9017.9 -9680.6 -8631.9 א א אTransfers 18408.0 19264.9 30367.9 21875.8 16885.1 6188.8 5797.0 4963.1 4926.9 4318.8 3992.7 4131.4 4442.2 א Private (net), of which: 17775.6 18429.3 18447.7 19205.4 16783.6 4713.5 4666.4 4956.7 4868.8 4296.9 3982.4 4102.9 4401.4 : ( ) א Remittances of Egyptians working abroad 17970.9 18668.0 18518.7 19330.0 17077.4 4769.8 4723.8 4876.7 4959.7 4373.5 4115.5 4170.6 4417.8 א א Official (net) 632.4 835.6 11920.2 2670.4 101.5 1475.3 1130.6 6.4 58.1 21.9 10.3 28.5 40.8 ( ) אBalance of Current Account -10146.3 -6390.4 -2779.7 -12142.6 -18659.4 -1556.8 -2751.9 -4036.6 -3797.3 -3895.3 -5025.2 -5549.2 -4189.7 א א א Capital & Financial Account 1022.9 9773.0 5189.5 17928.9 19851.5 401.2 370.9 5877.0 11279.8 1468.9 4213.0 8224.8 5944.8 א א א

Capital Account -96.0 -86.8 194.1 -122.9 -141.4 -22.0 -30.9 -23.2 -46.8 -36.1 -41.4 -53.3 -10.6 א אFinancial Account 1118.9 9859.8 4995.4 18051.8 19992.9 423.2 401.8 5900.2 11326.6 1505.0 4254.4 8278.1 5955.4 א א Direct investment abroad -249.2 -183.6 -326.6 -223.3 -164.2 -52.5 -54.7 -47.7 -68.4 -40.3 -25.3 -47.9 -50.7 א א א Direct investment in Egypt (net) 3982.2 3753.3 4178.2 6379.8 6838.2 1321.3 1246.1 2547.4 1265.0 1353.9 1718.5 2772.9 992.9 ( ) א א Portfolio investment abroad -148.7 22.4 65.9 47.2 192.1 -33.2 -17.3 0.7 97.0 35.4 67.5 45.7 43.5 א א Portfolio investment in Egypt (Net) #, of which: -5025.3 1477.4 1237.2 -638.6 -1286.8 316.0 -2411.4 29.6 1427.2 -1405.8 -180.3 84.7 214.6 : #( ) א

Bonds 79.6 2257.9 926.7 -1147.5 -1444.8 13.6 -2514.0 -9.3 1362.2 -1391.9 -35.2 3.4 -21.1 א Other Investments (Net) 2559.9 4790.3 -159.3 12486.7 14413.6 -1128.4 1639.1 3370.2 8605.8 1561.8 2674.0 5422.7 4755.1 ( ) א א א Net Borrowing 245.8 1174.1 207.2 5036.2 6134.9 558.9 1581.8 474.0 2421.5 706.7 2759.3 1387.2 1281.7 א א Medium- and Long-Term Loans -310.1 750.4 -956.2 -482.5 -506.6 -362.2 162.1 -367.2 84.8 -678.8 136.3 145.6 -109.7 א Drawings 1637.3 2709.6 1153.4 1753.5 2080.8 545.2 399.8 484.3 324.2 199.5 503.1 1046.8 331.4 א Repayments -1947.4 -1959.2 -2109.6 -2236.0 -2587.4 -907.4 -237.7 -851.5 -239.4 -878.3 -366.8 -901.2 -441.1 א Medium- and Long-Term Suppliers' Credit -6.9 -18.2 -56.3 257.9 857.8 -8.5 163.9 10.0 92.5 6.4 13.9 461.5 376.0 א Drawings 77.8 43.4 8.1 313.0 935.6 0.7 183.6 18.1 110.6 13.3 30.2 468.4 423.7 א Repayments -84.7 -61.6 -64.4 -55.1 -77.8 -9.2 -19.7 -8.1 -18.1 -6.9 -16.3 -6.9 -47.7 א

- 75 -- 76 -

During א א א

Fiscal Years

21- Balance of Payments

(US$ mn)

א א − ٢١( )

2014/2015* 2015/2016*


2011/2012 2012/2013 2013/2014 2014/2015* 2015/2016* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 S .T. Suppliers’ Credit (Net) 562.8 441.9 1219.7 5260.8 5783.7 929.6 1255.8 831.2 2244.2 1379.1 2609.1 780.1 1015.4 ( ) א Other Assets 1163.3 -2115.5 -2278.1 -1220.6 -3739.9 -2075.6 -94.2 1304.5 -355.3 185.0 -3264.6 -1379.7 719.4 א א CBE 28.0 -9.8 -44.6 -28.0 -104.4 24.9 18.8 -17.4 -54.3 3.5 5.7 -23.8 -89.8 א א א Banks 4365.7 2061.2 661.5 4774.3 2163.2 59.2 3052.6 1520.0 142.5 871.9 709.4 -285.4 867.3

Others -3230.4 -4166.9 -2895.0 -5966.9 -5798.7 -2159.7 -3165.6 -198.1 -443.5 -690.4 -3979.7 -1070.5 -58.1

Other Liabilities 1150.8 5731.7 1911.6 8671.1 12018.6 388.3 151.5 1591.7 6539.6 670.1 3179.3 5415.2 2754.0 א א CBE 1168.9 6452.6 1903.7 5474.1 5857.7 1.3 -526.8 0.0 5999.6 1.2 1486.5 2956.5 1413.5 א א א Banks -18.1 -720.9 7.9 3197.0 6160.9 387.0 678.3 1591.7 540.0 668.9 1692.8 2458.7 1340.5

Net Errors & Omissions -2155.0 -3145.6 -931.2 -2061.4 -4005.1 1565.6 954.0 -1869.5 -2711.5 -1230.3 1063.8 -2911.0 -927.6 א א Overall Balance -11278.4 237.0 1478.6 3724.9 -2813.0 410.0 -1427.0 -29.1 4771.0 -3656.7 251.6 -235.4 827.5 א א א

א א אChange in CBE Reserve Assets (Increase -) 11278.4 -237.0 -1478.6 -3724.9 2813.0 -410.0 1427.0 29.1 -4771.0 3656.7 -251.6 235.4 -827.5 ( − (א א א Indicators (%) (٪) א Merchandise Exports / Merchandise Imports 42.3 46.8 43.2 36.3 33.2 39.3 36.2 34.2 35.1 32.3 31.5 30.2 39.0 א א א א / א א א Service Receipts / Service Payments 136.5 129.3 106.1 129.7 114.3 151.0 146.7 103.8 118.0 148.8 115.2 105.3 91.4 א א / א א Current Receipts / Current Payments 86.4 91.5 96.4 84.5 73.6 92.4 86.6 77.7 80.1 78.5 71.4 68.2 76.2 א א / א א Trade Balance / GDP -12.4 -10.7 -11.3 -11.7 -10.9 -2.9 -3.1 -2.8 -2.9 -2.8 -2.7 -2.8 -2.6 א א א / א א א Current Account / GDP -3.7 -2.2 -0.9 -3.6 -5.4 -0.5 -0.8 -1.2 -1.2 -1.1 -1.4 -1.6 -1.3 א א א / א א א Overall Balance / GDP -4.1 0.1 0.5 1.1 -0.8 0.1 -0.4 0.0 1.5 -1.0 0.1 -0.1 0.3 א א א / א א א FDI in Egypt (net) / GDP 1.4 1.3 1.4 1.9 2.0 0.4 0.4 0.8 0.4 0.4 0.5 0.8 0.3 א א א / ( ) א א א * Provisional. . * ** Including exports and imports of free zones. . א א א א א **

، ٢٠١٢/٢٠١١ א א א א א ٥٠٠ א א א א א א א א א א א # # Including net transactions on Egyptian TBs, as well as Egyptian government bonds issued for the Saudi Fund for Development in the

amount of US$ 500 million in FY 2011/2012, Q4. It also includes foreigners' net transactions on medium- term dollar bonds issued by א א א ١,٠ ،٢٠١٣/٢٠١٢ א א א א א א א ٢,٥ א א א א א א א the Egyptian government in the amount of US$ 2.5 billion in the fourth quarter of 2012/2013, and of US$ 1.0 billion in the first quarter of

א א א 2014/2015* 2015/2016*

2013/2014, in addition to dollar bonds issued in the amount of US$ 1350.0 million in the fourth quarter of 2014/2015.

.٢٠١٥/٢٠١٤ א א א א א ١٣٥٠,٠ א א א א א .٢٠١٤/٢٠١٣ א

21- Balance of Payments (contd.) א א − ٢١

Fiscal Years

(US$ mn)

During

( )

- 78 - - 77 -

2014/2015**+

الربع األول الربع الثانى الربع الثالث الربع الرابع الربع األول الربع الثانى الربع الثالث الربع الرابع2011/2012 2012/2013 2013/2014 2014/2015**+ 2015/2016** Q1 Q2 Q3 Q4 Q1+ Q2 Q3 Q4

Total Exports *** 25071.9 26988.1 26022.6 22245.1 18704.6 6414.4 5930.0 4752.3 5148.4 4731.1 4399.1 4275.5 5298.9 *** א א Fuel, Mineral Oils & Products, of which : 11598.2 13171.7 12471.3 9027.4 5767.3 2889.6 2564.5 1605.9 1967.4 1679.0 1484.3 1103.5 1500.5 : ، א א א

Crude oil 5211.0 7303.2 7715.0 6158.2 3557.9 2020.6 1722.6 1070.3 1344.7 1125.2 887.6 615.0 930.1

Petroleum products x 6014.0 5719.8 4640.9 2733.7 2116.4 837.5 787.8 499.0 609.4 537.1 577.1 469.1 533.1 x

Coal & types thereof 39.3 39.6 38.7 42.1 39.8 12.4 12.0 10.6 7.1 9.2 11.0 7.3 12.3 אRaw Materials, of which : 1170.7 1339.0 1492.0 1732.0 1833.0 427.9 334.3 433.7 536.1 447.9 358.7 474.3 552.1 : ، א א א

Cotton 135.1 120.3 83.8 42.5 57.4 8.5 9.2 12.9 11.9 4.4 5.9 12.8 34.3 א אPotatoes 53.5 92.7 153.7 139.1 177.7 32.6 14.6 32.1 59.8 43.0 34.6 44.5 55.6

Citrus fruits 65.6 62.3 100.8 146.5 203.3 22.1 9.9 41.2 73.3 28.6 16.6 63.7 94.4 אMedicinal plants 29.1 26.3 24.4 29.0 36.5 5.6 7.3 6.9 9.2 10.1 8.7 9.6 8.1

Spices & vanilla 5.2 7.5 15.6 21.0 30.0 5.4 4.9 5.0 5.7 5.9 7.6 7.1 9.4 אDairy products and honey 175.8 177.1 243.6 269.7 198.9 63.0 74.8 76.0 55.9 59.6 60.1 48.4 30.8 אFlax, raw 1.2 1.1 4.0 4.5 4.6 1.6 0.6 0.4 1.9 3.6 0.9 0.0 0.1

Semi-finished goods, of which : 1943.4 1995.8 2218.6 1953.4 1677.1 522.4 522.8 465.1 443.1 411.3 406.5 373.3 486.0 : ، א אCarbon 186.0 186.1 133.6 132.5 93.5 39.7 24.9 43.8 24.1 27.5 43.2 15.7 7.1

Essential oils & resins 40.6 26.8 28.9 49.1 47.9 8.9 11.3 14.5 14.4 12.6 14.5 13.2 7.6 א אAluminium, unalloyed 88.6 113.7 32.0 28.0 51.2 4.1 7.8 9.2 6.9 14.3 12.9 11.5 12.5

Cotton yarn 92.8 91.2 142.9 99.7 78.9 25.0 25.1 24.8 24.8 21.0 18.9 22.3 16.7 אOrganic & inorganic chemicals 564.8 519.0 536.5 547.8 360.2 148.9 170.4 116.4 112.1 77.1 66.2 102.7 114.2

Finished goods, of which : 10353.5 10477.6 9835.7 9528.3 9424.5 2573.2 2507.7 2246.6 2200.8 2192.6 2149.2 2322.8 2759.9 : ، א אRice 31.0 52.9 41.5 106.5 28.9 33.7 9.9 28.4 34.5 8.6 5.8 9.7 4.8

Soap, washing preparations & artificial waxes 407.3 343.2 272.8 201.2 249.8 98.1 23.4 41.4 38.3 35.4 75.8 68.8 69.8 א אDried onion 19.2 18.6 13.5 15.4 5.3 2.4 2.7 6.4 3.9 0.7 1.1 1.5 2.0

Pharmaceuticals 366.4 380.2 290.1 267.2 228.3 76.3 70.7 54.8 65.4 46.0 57.6 49.4 75.3

Fertilizers 853.8 850.1 705.1 365.0 515.0 97.5 121.1 74.5 71.9 59.5 143.9 164.8 146.8

Carpets & other floor coverings 170.2 159.5 190.6 193.1 169.3 52.8 48.8 43.5 48.0 40.2 51.0 39.2 38.9

Articles of iron and steel 282.4 389.3 334.5 248.3 204.7 68.2 47.2 56.4 76.5 57.7 52.3 47.1 47.6

Aluminium articles 309.8 213.5 250.9 289.6 198.2 56.7 90.8 66.2 75.9 45.8 44.8 54.5 53.1

Ready-made clothes 739.1 717.7 774.3 810.3 690.8 206.1 208.5 204.4 191.3 188.0 174.5 168.8 159.5

Cotton textiles 576.1 782.6 761.1 736.0 683.0 183.6 177.5 177.8 197.1 187.8 159.2 164.7 171.3

Undistributed Exports 6.1 4.0 5.0 4.0 2.7 1.3 0.7 1.0 1.0 0.3 0.4 1.6 0.4 א א א

. ( א ) א א א א * ** Provisional. ***** Including exports of free zones. . א א א *** x Including natural gas & bunker and jet fuel. . א א א ، א א x

. א א א +

Fiscal Years

+ The data was revised, following the oil sector data revision.

2014/2015**+ 2015/2016**

22 - Proceeds of Merchandise Exports by Degree of Processing * ٢٢- حصيلة الصادرات السلعية حسب درجة التصنيع *

(US$ mn) ( )

- 80 -

א א א

- 79 -

* According to the Harmonized System (Degree of Processing) .

( )

2014/2015**+א א א א א א א א א א א א א א א א א א

2011/2012 2012/2013 2013/2014 2014/2015**+ 2015/2016** Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4Total Imports *** 59210.9 57682.8 60181.9 61305.5 56310.8 16338.8 16392.9 13911.3 14662.5 14632.0 13960.7 14134.0 13584.1 *** א א א Fuel, Mineral Oils & Products, of which : 9872.1 9533.1 11397.7 10233.9 8626.6 3067.5 2655.7 1790.7 2720.0 2445.4 2403.0 1556.1 2222.1 : ، א א א

Petroleum products x 9723.6 9459.2 11153.9 9873.7 8382.9 2960.1 2570.6 1706.4 2636.6 2400.0 2331.9 1497.6 2153.4 x

Coal & types thereof 51.9 31.2 133.4 156.9 141.8 46.0 24.4 36.5 50.0 27.1 32.3 41.7 40.7 א Raw Materials, of which : 8101.4 8264.9 8012.6 8512.5 6090.6 2513.2 2196.3 1944.5 1858.5 1696.3 1531.8 1438.9 1423.6 : ، א א א

Crude Oil 2050.9 2665.0 2093.0 2492.4 910.7 1043.5 441.5 516.5 490.9 409.6 288.8 144.2 68.1Wheat 2273.7 2009.2 2232.8 2045.4 1723.9 526.7 621.5 485.9 411.3 413.0 444.0 421.2 445.7Maize 1422.2 1156.7 1258.3 1312.0 1334.3 369.0 361.5 255.0 326.5 337.3 264.1 357.7 375.2Tobacco 524.0 412.5 311.0 374.4 379.3 71.5 96.9 109.8 96.2 72.9 99.4 135.1 71.9Iron ore 790.1 690.3 632.5 547.2 389.0 69.1 184.3 149.8 144.0 158.2 78.2 92.5 60.1Cotton 51.8 51.3 117.8 105.5 81.7 29.7 25.2 21.2 29.4 19.9 18.9 13.7 29.2

Intermediate Goods, of which : 16894.6 15984.8 17918.3 16480.1 14686.9 4328.9 4586.8 3702.4 3862.0 3492.8 3545.9 3683.5 3964.7 : ، א אAnimal & vegetable fats, greases & oils & prod. 1810.5 1533.7 1413.7 919.0 902.9 204.1 211.7 231.0 272.2 185.6 156.1 211.1 350.1 אOrganic & inorganic chemicals 2045.7 1975.3 1826.6 1795.8 1734.8 468.9 452.8 446.9 427.2 407.0 447.1 410.0 470.7Plastic & articles thereof 1389.5 1579.7 1880.5 1977.1 1773.4 562.8 528.4 371.2 514.7 463.2 437.2 444.1 428.9 אWood & articles and charcoal 1089.3 1120.5 1338.2 1308.1 1127.7 351.9 351.8 283.7 320.7 257.9 274.1 296.6 299.1Paper, cardboard paper & articles thereof 1075.8 1036.4 962.7 998.4 980.5 220.2 242.6 251.6 284.0 241.7 248.9 250.2 239.7Iron & steel products 2840.0 2315.1 2773.7 2600.4 2483.7 726.5 668.3 569.5 636.1 526.8 624.3 675.0 657.6Aluminium & articles 226.7 242.6 342.4 232.2 365.9 47.1 57.3 49.1 78.7 62.4 101.8 119.5 82.2Spare parts and accessories for cars 1592.5 1828.7 1782.5 1798.7 1408.0 443.9 564.2 451.0 339.6 353.1 307.7 351.3 395.9 א א אRubber & articles 570.9 630.6 557.0 562.1 599.9 156.6 168.5 125.3 111.7 154.3 154.5 144.3 146.8

Investment Goods, of which : 9649.9 9835.7 8785.6 10351.4 12025.1 2735.0 2570.3 2620.6 2425.5 3581.7 2782.6 3270.1 2390.7 : ، א אComputers 783.8 707.4 616.6 574.7 457.0 169.4 143.8 146.2 115.3 104.1 113.8 124.6 114.5Motors, generators & spare parts 1027.2 940.4 591.0 1227.0 1193.8 273.2 233.9 567.4 152.5 493.5 184.2 292.0 224.1 אVehicles for passengers 16.3 40.8 73.9 31.6 27.0 4.7 3.4 9.1 14.4 17.5 0.7 6.5 2.3 אElectric appliances for tel. and telegraph 1051.5 975.9 1037.6 1245.9 1137.7 321.6 341.5 333.5 249.3 328.7 349.4 251.9 207.7 א אOptical appliances 560.7 586.2 621.0 794.3 806.4 196.3 215.3 172.9 209.8 191.5 207.6 202.2 205.1 א א א

Consumer Goods 13661.0 12939.8 13307.3 14351.7 13135.3 3288.4 4074.8 3460.8 3527.7 3282.8 3467.9 3330.3 3054.3 א א A - Durable Goods, of which : 2990.3 3202.1 3586.4 4364.8 3378.0 831.1 1374.2 1020.9 1138.6 954.2 963.1 780.6 680.1 : ، א א −

Household refrigerators & electric freezers 178.0 221.8 195.7 201.8 154.8 49.4 35.3 50.7 66.4 50.5 39.0 36.1 29.2 א אTelevisions , parts thereof , videos and computer monitors 405.3 336.2 518.1 751.1 767.0 141.1 162.9 189.5 257.6 206.4 195.7 192.7 172.2 אCars 736.7 1046.3 1135.5 1605.3 1506.0 344.8 506.5 385.2 368.8 434.0 455.0 336.7 280.3 א

B - Non-Durable Goods, of which : 10670.7 9737.7 9720.9 9986.9 9757.3 2457.3 2700.6 2439.9 2389.1 2328.6 2504.8 2549.7 2374.2 : ، א א −Dairy products, eggs and honey 629.7 548.3 615.0 538.9 536.9 117.9 128.4 144.5 148.1 122.4 112.9 144.9 156.7Refined sugar & products 41.3 24.5 44.9 69.7 122.9 16.7 4.0 9.4 39.6 24.7 20.7 44.2 33.3Pharmaceuticals 2289.2 2222.4 2256.8 2704.6 2831.2 618.4 680.8 681.5 723.9 595.1 713.3 745.3 777.5Insecticides 21.6 32.1 44.4 39.9 47.5 8.1 10.7 9.4 11.7 6.8 9.6 13.9 17.2 אReady-made clothes 994.0 962.3 1186.0 887.4 623.2 249.0 301.6 188.6 148.2 194.2 195.2 141.6 92.2Cotton textiles 735.5 774.2 579.1 590.5 513.7 168.3 158.4 152.8 111.0 152.2 165.4 110.2 85.9

Undistributed Imports 1031.9 1124.5 760.4 1375.9 1746.3 405.8 309.0 392.3 268.8 133.0 229.5 855.1 528.7 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

+ The data was revised, following the oil sector data revision.

- 81 - - 82-

א א אFiscal Years

2014/2015**+ 2015/2016**

. א א א +

23- Payments for Merchandise Imports by Degree of Use *

(US$ mn)

٢٣ - المدفوعات عن الواردات السلعية حسب درجة االستخدام *

2014/2015*+א א א א א א א א א א א א א א א א א א

2011/2012 2012/2013 2013/2014 2014/2015*+ 2015/2016* Q1 Q2 Q3 Q4 Q1+ Q2 Q3 Q4

Total Exports ** 25071.9 26988.1 26022.6 22245.1 18704.6 6414.4 5930.0 4752.3 5148.4 4731.1 4399.1 4275.5 5298.9 א ** אEU 9071.0 8903.7 10069.0 7473.8 6034.5 2328.6 1861.0 1511.1 1773.1 1615.7 1469.8 1354.5 1594.5 א אOther European countries 1418.7 1755.9 1371.0 1300.8 1325.3 365.4 367.7 284.9 282.8 251.3 284.0 286.7 503.3 א א אRussian Federation & C.I.S. 107.4 150.5 183.9 511.7 244.3 305.3 25.9 76.1 104.4 63.1 52.9 59.1 69.2 א א אUSA 3431.1 3757.9 2510.6 2185.8 1275.2 668.7 591.1 477.0 449.0 423.5 294.3 259.6 297.8 א א אArab countries 5324.3 5160.9 5472.4 5514.3 5749.7 1464.3 1439.5 1305.1 1305.4 1307.7 1349.9 1401.6 1690.5 א אAsian countries (excluding Arab countries) 4620.4 4912.8 3467.4 3110.1 2064.4 773.5 1052.5 559.2 724.9 556.5 369.0 489.7 649.2 ( א ) א אAfrican countries (excluding Arab countries) 499.1 440.1 485.3 498.2 508.2 124.0 123.3 129.7 121.2 125.0 135.8 119.5 127.9 ( א ) א אAustralia 22.2 22.3 16.0 25.5 21.3 10.6 5.2 4.2 5.5 5.6 4.5 4.5 6.7 א אOther countries and regions 577.7 1884.0 2447.0 1624.9 1481.7 374.0 463.8 405.0 382.1 382.7 438.9 300.3 359.8

* Provisional. . *** Including exports of free zones . . א א א ** + The data was revised, following the oil sector data revision.

2014/2015*+א א א א א א א א א א א א א א א א א א

2011/2012 2012/2013 2013/2014 2014/2015*+ 2015/2016* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Total Imports** 59210.9 57682.8 60181.9 61305.5 56310.8 16338.8 16392.9 13911.3 14662.5 14632.0 13960.7 14134.0 13584.1 א ** א אEU 19282.4 17682.1 16229.0 17815.3 17415.7 4490.0 4887.1 3983.2 4455.0 4329.0 4299.6 4531.0 4256.1 א אOther European countries 6099.9 5078.3 4287.4 4471.2 4072.4 1194.5 1342.5 897.5 1036.7 869.8 931.5 1135.9 1135.2 א א אRussian Federation & C.I.S. 2578.3 2045.5 2633.0 2977.9 3950.6 638.8 822.9 779.7 736.5 1630.8 755.4 832.0 732.4 א א אUSA 4814.8 3977.0 4167.9 3904.2 2587.5 849.5 896.2 1202.1 956.4 562.0 737.8 634.7 653.0 א א אArab countries 10181.8 10968.1 16679.0 13612.5 10423.7 4529.6 3133.8 2722.7 3226.4 2918.3 2825.2 2426.0 2254.2 א אAsian countries (excluding Arab countries) 11675.9 11925.7 12158.6 13301.2 11402.4 3260.4 3945.5 3036.0 3059.3 2988.7 2946.8 2797.6 2669.3 ( א ) א אAfrican countries (excluding Arab countries) 505.0 561.0 476.0 553.8 735.4 123.6 148.4 168.9 112.9 139.5 214.9 165.5 215.5 ( א ) א אAustralia 427.3 356.8 257.2 365.7 345.9 82.9 93.1 64.5 125.2 74.3 52.9 73.4 145.3 א אOther countries and regions 3645.5 5088.3 3293.8 4303.7 5377.2 1169.5 1123.4 1056.7 954.1 1119.6 1196.6 1537.9 1523.1

* Provisional . . *** Including imports of free zones . . א א א א **

+ The data was revised, following the oil sector data revision. . א א א +

2014/2015*+

25 - Imports by Geographical Distribution(US$ mn)

(US$ mn)א א א

Fiscal Years

٢٤- الصادرات حسب التوزيع الجغرافى

٢٥- الواردات حسب التوزيع الجغرافى

( )

. א א א +

2014/2015*+ 2015/2016*

2015/2016*

24 - Exports by Geographical Distribution

- 84 -

( )א א א

Fiscal Years

- 83 -

Change**

Value % Value % Value % Value % Value % Value % Value

Total 22245.1 100.0 61305.5 100.0 83550.6 100.0 18704.6 100.0 56310.8 100.0 75015.4 100.0 (8535.2) אMain Trade Partners 14937.1 67.1 36887.6 60.2 51824.7 62.0 12635.5 67.6 33256.6 59.1 45892.1 61.2 (5932.6) א אUnited Arab Emirates 1756.6 7.9 3998.3 6.5 5754.9 6.9 2546.6 13.6 3418.4 6.1 5965.0 8.0 210.1 א א א א

China 735.4 3.3 5195.3 8.5 5930.7 7.1 462.7 2.5 4727.6 8.4 5190.3 6.9 (740.4) א אGermany 747.3 3.4 3149.2 5.1 3896.5 4.7 707.8 3.8 3220.2 5.7 3928.0 5.2 31.5

Saudi Arabia 1081.2 4.9 4303.7 7.0 5384.9 6.5 1094.7 5.9 2815.9 5.0 3910.6 5.2 (1474.3) אUnited States of America 2185.8 9.8 3904.2 6.4 6090.0 7.3 1275.2 6.8 2587.5 4.6 3862.7 5.2 (2227.3) א א אItaly 2383.9 10.7 2078.8 3.4 4462.7 5.3 1738.7 9.3 2041.0 3.6 3779.7 5.0 (683.0)

Russia 232.6 1.0 1880.0 3.1 2112.6 2.5 194.5 1.0 2933.2 5.2 3127.7 4.2 1015.1

United Kingdom 1502.8 6.8 1807.1 2.9 3309.9 4.0 1196.4 6.4 1928.9 3.4 3125.3 4.2 (184.6) א אTurkey 863.2 3.9 2218.8 3.6 3082.0 3.7 709.4 3.8 2035.6 3.6 2745.0 3.7 (337.0)

France 855.0 3.8 2431.0 4.0 3286.0 3.9 400.4 2.1 2151.3 3.8 2551.7 3.4 (734.3)

Switzerland 406.2 1.8 1964.9 3.2 2371.1 2.8 586.4 3.1 1844.6 3.3 2431.0 3.2 59.9 אIndia 1495.4 6.7 1704.3 2.8 3199.7 3.8 824.0 4.4 1338.1 2.4 2162.1 2.9 (1037.6) אThe Netherlands 369.1 1.7 1033.1 1.7 1402.2 1.7 477.2 2.6 1257.4 2.3 1734.6 2.3 332.4 אSpain 322.6 1.4 1218.9 2.0 1541.5 1.8 421.5 2.3 956.9 1.7 1378.4 1.8 (163.1)

Other Countries 7308.0 32.9 24417.9 39.8 31725.9 38.0 6069.1 32.4 23054.2 40.9 29123.3 38.8 (2602.6) א א* Provisional. . *

** Based on volume of trade. . א א **

2014/2015

א א א א א א א א א א א א א א א א א א

2011/2012 2012/2013 2013/2014 2014/2015 2015/2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Exports to the rest of the world 3922.4 3888.2 4188.0 4407.0 4047.0 867.0 1162.0 1052.0 1326.0 884.0 1059.0 1032.0 1072.0 א א א א אOil industrial exports 224.1 277.8 515.0 235.0 395.0 109.0 43.0 33.0 50.0 15.0 82.0 122.0 176.0 אNon-oil commodity exports 3698.3 3610.4 3673.0 4172.0 3652.0 758.0 1119.0 1019.0 1276.0 869.0 977.0 910.0 896.0 אImports from the rest of the world 5219.3 4492.1 4008.0 5790.0 5542.0 1556.0 1377.0 1097.0 1760.0 1244.0 1623.0 1010.0 1665.0 א א א א אOil industrial imports 765.8 320.2 190.0 548.0 878.0 156.0 179.0 66.0 147.0 287.0 259.0 105.0 227.0 א אNon-oil commodity imports 4453.5 4171.9 3818.0 5242.0 4664.0 1400.0 1198.0 1031.0 1613.0 957.0 1364.0 905.0 1438.0 א אNet transactions with the rest of the world (-) (1296.9) (603.9) 180.0 (1383.0) (1495.0) (689.0) (215.0) (45.0) (434.0) (360.0) (564.0) 22.0 (593.0) ( − ) א א א* Source : General Authority for Investment & Free Zones (GAFI). . א א א א : א *

( US$ mn )

Fiscal YearsDuring

א א א 2014/2015 2015/2016

During

( )

التغير**

Volume of Trade

الواردات الصادرات

Fiscal Years 2015/2016*

خالل

27- Free Zones Transactions with the Rest of the World * ٢٧- معامالت المناطق الحرة مع العالم الخارجى *

Exports

حجم التبادل التجاري

Volume of TradeImportsExports

الصادرات

- 85 - - 86 -

٢٦- حجم التبادل التجاري بين مصر وأھم الشركاء التجاريين (US$ mn) ( )

حجم التبادل التجاري

Fiscal Years 2014/2015 *

Imports

الواردات

26- Egypt's Volume of Trade with its Main Trade Partners

EU Other Euro. Coun. USA Arab

Countries Asian

Countries Other Total Value EU Other Euro. Coun. USA Arab

Countries Asian

Countries Other Total Value

Total Exports: 7473.8 1300.8 2185.8 5514.3 3110.1 2660.3 22245.1 6034.5 1325.3 1275.2 5749.7 2064.4 2255.5 18704.6 : א א

Main Commodities: 5189.3 880.3 1561.7 1131.5 4042.9 2238.6 15044.3 4008.4 1002.9 869.7 3000.2 1607.6 1919.1 12407.9 : אCrude Oil 2842.6 205.4 0.0 0.0 2000.8 1109.4 6158.2 1734.2 163.1 0.0 112.9 1016.8 530.9 3557.9

Petroleum products x 904.4 124.4 712.0 215.7 314.7 462.5 2733.7 960.1 127.0 263.4 183.6 229.4 352.9 2116.4 x

Electric machines, appliances & cables 338.1 9.7 13.7 57.8 1230.7 155.6 1805.6 324.4 25.5 20.6 1207.9 106.0 110.0 1794.4 االت واجھزة وكابالت كھربائية Gold, pearls and precious stones 0.5 3.5 249.0 23.7 0.1 284.0 560.8 13.3 253.0 30.7 315.1 0.8 550.4 1163.3 אReady-made clothes 223.5 145.2 220.7 113.8 84.3 22.8 810.3 184.7 98.3 226.4 104.7 66.0 10.7 690.8Cotton textiles 191.5 180.5 224.3 65.9 54.9 18.9 736.0 177.9 152.3 197.2 83.1 56.5 16.0 683.0Fertilizers 150.4 48.1 56.6 95.7 12.2 2.0 365.0 203.9 54.9 75.3 132.5 28.9 19.5 515.0Plastic & articles thereof 107.2 73.0 0.8 15.4 258.6 51.5 506.5 120.6 72.8 13.0 258.1 16.0 19.7 500.2 אFrozen, chiled or fresh vegetables & plants 136.5 12.5 17.1 140.1 28.0 33.6 367.8 65.5 19.2 10.5 91.0 13.4 203.1 402.7 א אOrganic & inorganic chemicals 154.0 69.7 55.9 192.0 31.3 44.9 547.8 85.0 30.7 20.5 153.2 30.0 40.8 360.2Cars, bicycles & tractors 53.4 1.9 4.5 137.9 9.5 8.5 215.7 36.3 2.2 5.9 260.5 23.6 23.2 351.7 א א א אEdible fruits & nuts 87.2 6.4 7.1 73.5 17.8 44.9 236.9 102.5 3.9 6.2 97.6 20.2 41.9 272.3 א* Provisional . *x Including natural gas & bunker and jet fuel. . א א א ، א א x

EU Other Euro. Coun. USA Arab

Countries Asian

Countries Other Total Value EU Other Euro. Coun. USA Arab

Countries Asian

Countries Other Total Value

Total Imports: 17815.3 4471.2 3904.2 13612.5 13301.2 8201.1 61305.5 17415.7 4072.4 2587.5 10423.7 11402.4 10409.1 56310.8 : א א א

Main Commodities: 9016.7 2340.8 2115.7 10417.8 4862.7 3232.7 31986.4 8943.2 1971.6 1009.5 7591.4 4133.8 3898.6 27548.1 : אPetroleum products x 2571.7 947.8 484.4 4740.9 333.5 795.4 9873.7 2738.3 582.5 179.7 3425.8 189.8 1266.8 8382.9 x منتجات بتروليةPharmaceuticals 1536.6 485.5 105.6 154.4 362.6 59.9 2704.6 1594.1 429.8 131.2 243.8 354.1 78.2 2831.2 منتجات صيدلية Iron & steel products 639.3 391.3 136.4 511.2 472.7 449.5 2600.4 497.0 440.5 48.9 602.1 463.8 431.4 2483.7

Plastic & articles thereof 319.7 98.5 102.3 865.8 571.2 19.6 1977.1 306.1 102.7 79.1 777.8 490.1 17.6 1773.4 אOrganic & inorganic chemicals 695.7 168.4 159.9 265.4 431.3 75.1 1795.8 647.7 170.6 117.9 300.4 447.5 50.7 1734.8Wheat 738.2 33.7 132.6 30.1 6.4 1104.4 2045.4 413.2 6.8 19.8 84.4 6.1 1193.6 1723.9

Cars 474.9 6.6 58.1 390.7 664.8 10.2 1605.3 478.9 9.6 103.1 380.0 497.6 36.8 1506.0 א אSpare parts and accessories for cars 441.1 41.4 40.2 67.6 1158.1 50.3 1798.7 408.8 37.8 40.8 86.2 794.6 39.8 1408.0 א א א אMaize 130.5 96.9 317.1 276.2 7.7 483.6 1312.0 162.5 116.3 160.4 295.0 13.5 586.6 1334.3

Motors, generators, transformers & parts thereof 454.8 19.7 537.7 26.8 173.3 14.7 1227.0 905.7 16.8 81.4 23.1 154.7 12.1 1193.8 א אElectric appliances for tel. and telegraph 170.1 8.4 21.7 552.0 490.0 3.7 1245.9 119.8 6.9 19.8 422.5 558.7 10.0 1137.7 א אWood & articles and charcoal 844.1 42.6 19.7 44.3 191.1 166.3 1308.1 671.1 51.3 27.4 39.6 163.3 175.0 1127.7

Crude oil 0.0 0.0 0.0 2492.4 0.0 0.0 2492.4 0.0 0.0 0.0 910.7 0.0 0.0 910.7

* Provisional. . *x Including gas & bunker and jet fuel. . א א א ، א x

During

- 87 - - 88 -

Fiscal Years 2014/2015* Fiscal Years 2015/2016*

During

28 - Main Exports by Commodity & Geographical Distribution ٢٨- التوزيع السلعي والجغرافي ألھم الصادرات(US$ mn) ( )

(US$ mn) ( )


29 - Main Imports by Commodity & Geographical Distribution ٢٩- التوزيع السلعي والجغرافي ألھم الواردات


א א א א א א / א א א א א א א / אExports Imports Surplus / Deficit Exports Imports Surplus / Deficit

Oil merchandise balance 8891.9 12366.1 (3474.2) 5674.3 9293.6 (3619.3) א א אCrude oil 6158.2 2492.4 3665.8 3557.9 910.7 2647.2Oil products 1953.1 9230.4 (7277.3) 1741.4 6138.5 (4397.1)Bunker and jet fuel 709.8 342.3 367.5 355.5 237.0 118.5 אNatural gas 70.8 301.0 (230.2) 19.5 2007.4 (1987.9)

Foodstuff merchandise balance, of which : 1772.4 4668.3 (2895.9) 2812.7 6055.8 (3243.0) : ، א א א א א אMeat and preparations thereof 18.0 1029.1 (1011.1) אFish and preparations thereof 21.3 416.8 (395.5) א אDairy products and eggs 310.3 538.5 (228.2) אFruits 383.8 253.1 130.7 א א אTea 21.6 209.8 (188.2)Animal and vegetable fats, greases & oils and products 86.1 919.0 (832.9) אRaw sugar and its products 178.0 426.0 (248.0)Tobacco 101.0 374.4 (273.4)

Cereals merchandise balance, of which : 342.6 4788.4 (4445.8) 268.3 4134.2 (3865.9) : ، א א אWheat 15.9 2045.4 (2029.5)Maize 30.3 1312.0 (1281.7)Rice 106.5 23.3 83.2 אOil seeds & oleaginous fruits, and plants for manufacturing 111.4 1229.3 (1117.9) א

Merchandise balance of cotton & its products & other textiles, of which: 2000.0 2913.7 (913.7) 1842.6 2408.5 (565.9) : ، א א א א א א א אCotton 42.5 105.5 (63.0)Cotton yarn 99.7 166.2 (66.5) אCotton textiles 736.0 590.5 145.5Ready-made clothes 810.3 887.4 (77.1)Synthetic fibers 99.3 1046.1 (946.8) א אCarpets and other floor coverings 193.1 63.1 130.0 א א

Chemicals merchandise balance, of which : 1863.9 5619.0 (3755.1) 1772.7 5850.3 (4077.6) : ، א א א א אOrganic & inorganic chemicals, and carbon 547.8 1795.8 (1248.0)Pharmaceuticals 267.2 2704.6 (2437.4)Fertilizers 365.0 213.0 152.0

Merchandise balance of machinery, appliances, electric equipment & parts thereof, of which : 1202.8 6887.2 (5684.4) 2069.3 9400.9 (7331.6) : ، א א א א א א א א

Motors, generators, transformers & parts thereof 44.5 1227.0 (1182.5) א א אHousehold electric-motor appliances 544.3 668.2 (123.9) א א א אAir conditioners 45.5 197.3 (151.8) א אHousehold refrigerators & electric freezers 13.7 201.8 (188.1) א אTV & sending & receiving equipment for telephones & radios 219.0 796.7 (577.7) א א א א א א א אComputer hardware and software 78.9 669.7 (590.8) א א

Merchandise balance of base metals & products, of which : 1209.8 4658.3 (3448.5) 854.5 3898.4 (3043.9) : ، א א א אIron ore, steel & articles thereof 529.7 3249.9 (2720.2)Aluminum ore and its articles 323.6 299.6 24.0 אCopper ore and its articles 165.9 558.1 (392.2)

Merchandise balance of vehicles, cars and other means of transportation, of which : 264.8 5883.5 (5618.7) 355.1 3913.8 (3558.7) : ، א א א א א א

Cranes and bulldozers and parts thereof 37.6 889.6 (852.0) א א א א אCars and vehicles for transport of passengers & goods 134.8 1838.4 (1703.6) א א אCar accessories, batteries and spare parts 75.6 1893.9 (1818.3) א א א א א

* Provisional . . *.The data was revised, following the oil sector data revision + + تم تعديل البيان وفقاً لبيانات قطاع البترول المعدلة.

Fiscal Years 2014/2015*+

(بالمليون دوالر)


- 89 - - 90 -

א א א − ٣٠30- Main Merchandise Balances

(US$ mn)

During


2011/2012 2012/2013 2013/2014 2014/2015* 2015/2016* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Transportation Balance 7210.1 7528.8 7748.8 8315.3 8195.5 2280.8 2042.9 1894.1 2097.5 2259.4 2027.6 1949.7 1958.8 א א Receipts 8585.0 9187.5 9466.0 9850.3 9534.6 2677.2 2455.6 2245.5 2472.0 2640.9 2368.9 2243.2 2281.6

Payments 1374.9 1658.7 1717.2 1535.0 1339.1 396.4 412.7 351.4 374.5 381.5 341.3 293.5 322.8

Travel Balance 6921.4 6823.0 2028.8 4032.2 (323.5) 1264.6 1128.8 604.0 1034.8 934.0 50.6 (641.2) (666.9) א א Receipts 9419.0 9751.8 5073.3 7370.4 3767.5 2091.8 1920.1 1458.1 1900.4 1725.5 981.1 550.5 510.4

Payments 2497.6 2928.8 3044.5 3338.2 4091.0 827.2 791.3 854.1 865.6 791.5 930.5 1191.7 1177.3

Investment Income Balance (6479.4) (7406.4) (7262.7) (5700.9) (4471.3) (1786.6) (1337.8) (1466.4) (1110.1) (1147.6) (1278.2) (686.1) (1359.4) א א Receipts 246.1 197.8 194.2 212.8 396.9 43.6 55.7 50.2 63.3 101.2 88.8 83.2 123.7

Payments 6725.5 7604.2 7456.9 5913.7 4868.2 1830.2 1393.5 1516.6 1173.4 1248.8 1367.0 769.3 1483.1

Government Services Balance (875.7) (806.1) (419.5) 527.4 (399.1) 381.6 394.1 (70.2) (178.1) (60.3) (40.6) (70.3) (227.9) א א א א Receipts 276.2 437.6 654.4 1381.5 378.0 583.2 556.5 102.3 139.5 123.2 81.1 74.4 99.3

Payments 1151.9 1243.7 1073.9 854.1 777.1 201.6 162.4 172.5 317.6 183.5 121.7 144.7 327.2

Other Services Balance (1191.7) (1099.9) (1083.7) (2132.0) (939.9) 38.4 (314.0) (802.2) (1,054.2) (298.7) (215.7) (374.2) (51.3) א א א א Receipts 2345.9 2649.7 2243.5 3209.6 2399.2 1053.0 1020.4 528.9 607.3 552.1 611.7 562.6 672.8

Payments 3537.6 3749.6 3327.2 5341.6 3339.1 1014.6 1334.4 1331.1 1661.5 850.8 827.4 936.8 724.1

* Provisional. . *

2013/2014א א א א א א א א א א א א א א א א א א

2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

Oil Tankers א Number 3566 3616 3560 3825 4158 964 1027 1059 996 1076 1095 1149 1125 א Net Tonnage (in millions of tons) 112.7 131.4 141.9 152.3 168.3 38.8 42.5 41.6 40.0 44.2 46.3 47.1 44.3 ( ) א א

Other Vessels א Number 14484 14048 13104 12919 13386 3185 3459 3443 3071 3413 3463 3220 3053 א Net Tonnage (in millions of tons) 784.2 807.1 769.9 778.9 823.6 197.7 213.0 206.6 198.0 206.0 214.9 202.0 194.5 ( ) א אTotal א Number 18050 17664 16664 16744 17544 4149 4486 4502 4067 4489 4558 4369 4178 א Net Tonnage (in millions of tons) 896.9 938.5 911.8 931.2 991.9 236.5 255.5 248.2 238.0 250.2 261.2 249.1 238.8 ( ) א אSource : Suez Canal Authority. . א : א

- 91 - - 92 -

During א א א

31/1 -Traffic in the Suez Canal

السنوات الماليـة 2014/2015Fiscal YearsDuring

2015/2016

א א − ١/٣١

א א א − ٣١ 31 - Services Balances

(US$ mn) ( )

Fiscal Years2014/2015* 2015/2016*

2014/2015* (1)א א א א א א א א א א א א א א א א א א

2011/2012 2012/2013 2013/2014 (1) 2014/2015* (1) 2015/2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Net Foreign Direct Investment 3982.2 3753.3 4178.2 6379.8 6838.2 1321.3 1246.1 2547.4 1265.0 1353.9 1718.5 2772.9 992.9 א א א אInflows 11768.1 10273.6 10855.8 12546.2 12434.3 3006.6 2841.1 4006.6 2691.9 2901.6 3156.1 3500.6 2876.0 אUSA 577.6 2182.9 2230.3 2115.8 806.7 664.5 565.7 508.6 377.0 233.0 237.5 129.0 207.2 א א אEU 9510.4 5624.6 6610.0 6522.5 7863.5 1612.4 1769.8 1554.2 1586.1 2000.3 1572.2 2302.2 1988.8 א א

Germany 202.5 186.4 194.2 190.2 200.8 57.2 34.3 59.7 39.0 62.3 50.1 50.1 38.3

France 315.6 266.1 347.4 230.2 249.2 47.1 56.6 45.1 81.4 49.1 103.1 45.4 51.6

UK 5819.7 3997.4 5078.5 4989.7 5943.5 1259.4 1328.6 1204.7 1197.0 1367.0 994.5 1979.4 1602.6 א אItaly 193.3 75.1 16.8 37.1 32.6 8.5 16.2 5.1 7.3 5.4 10.8 6.8 9.6

Greece 55.6 18.4 46.1 4.5 2.0 1.4 1.9 0.1 1.1 0.8 0.0 1.0 0.2 אSpain 61.0 30.4 5.5 28.4 153.7 4.1 6.1 10.1 8.1 4.2 141.2 4.5 3.8

The Netherlands 409.4 163.5 192.4 181.6 245.6 23.3 23.0 58.1 77.2 204.3 18.8 13.9 8.6 אPortugal 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 אBulgaria 0.0 29.9 0.7 0.1 0.1 0.0 0.1 0.0 0.0 0.0 0.1 0.0 0.0

Belgium 2089.2 719.6 617.0 663.8 678.2 194.3 169.5 156.1 143.9 106.5 169.5 154.2 248.0

Luxembourg 3.1 6.2 46.9 141.0 169.1 1.3 123.5 1.9 14.3 151.0 6.6 5.9 5.6

Denmark 3.3 18.4 10.8 13.3 6.7 3.2 3.5 2.3 4.3 1.8 1.9 1.9 1.1 א אSweden 309.6 39.9 14.2 10.7 89.5 2.9 1.0 5.9 0.9 41.3 22.1 20.3 5.8 אAustria 5.7 9.2 2.6 5.1 11.4 0.4 0.5 2.2 2.0 0.5 0.6 3.2 7.1 אCyprus 7.0 11.0 4.1 7.4 16.1 6.2 0.2 0.3 0.7 1.1 10.6 2.3 2.1

Romania 0.2 1.7 2.4 6.2 1.1 0.1 0.8 0.6 4.7 1.0 0.0 0.0 0.1

Latvia 0.0 0.7 0.2 1.0 0.0 0.0 0.3 0.0 0.7 0.0 0.0 0.0 0.0

Ireland 2.8 8.3 0.7 2.6 51.6 0.1 0.3 0.5 1.7 0.5 38.2 11.0 1.9 אPoland 12.4 14.7 2.2 0.9 2.8 0.4 0.3 0.1 0.1 0.0 0.2 1.5 1.1 אCzech Republic 8.0 11.0 9.5 3.3 5.1 1.2 0.6 0.4 1.1 2.4 2.1 0.0 0.6 אMalta 3.4 3.8 2.8 2.2 0.7 0.9 1.1 0.2 0.0 0.1 0.2 0.2 0.2

Estonia 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Hungary 0.1 0.2 5.7 1.6 3.4 0.3 1.0 0.1 0.2 0.9 1.6 0.5 0.4 אCroatia 8.5 12.6 9.2 1.6 0.3 0.1 0.4 0.7 0.4 0.1 0.0 0.1 0.1 א

Arab Countries 1185.7 1456.4 1290.1 2667.5 2276.6 539.6 310.3 1346.8 470.8 350.0 731.8 769.6 425.2 א אSaudi Arabia 240.4 191.7 284.4 649.1 313.0 143.8 53.7 351.1 100.5 60.1 95.2 75.7 82.0 אUnited Arab Emirates 559.8 480.6 401.2 1382.5 1328.7 253.6 131.9 843.5 153.5 146.0 400.8 591.3 190.6 א א א אTunisia 5.5 2.0 6.7 1.2 3.4 0.1 0.4 0.4 0.3 0.8 2.0 0.3 0.3

Kuwait 63.5 46.4 129.6 236.8 132.5 12.0 25.9 50.1 148.8 29.3 57.0 18.7 27.5 אQatar 34.9 375.6 109.1 94.4 194.8 14.4 35.3 35.4 9.3 33.3 104.8 26.1 30.6

Libya 5.3 5.0 11.6 10.0 3.3 5.1 1.2 1.1 2.6 0.5 2.1 0.5 0.2

Jordan 10.7 14.6 22.0 17.5 21.7 5.5 3.2 5.0 3.8 1.4 5.5 4.3 10.5 אBahrain 152.5 262.7 193.7 136.5 164.7 35.6 42.4 29.8 28.7 50.0 31.4 29.6 53.7 אLebanon 48.1 26.1 87.7 100.1 73.3 64.0 10.7 11.0 14.4 14.1 24.6 17.1 17.5

Oman 13.3 10.9 13.4 11.6 11.9 1.0 1.3 8.5 0.8 8.5 1.8 0.9 0.7

Yemen 2.7 3.5 2.5 3.2 0.9 0.5 1.5 0.2 1.0 0.3 0.2 0.3 0.1 אSudan 0.6 1.1 0.8 2.2 1.8 1.1 0.3 0.2 0.6 1.4 0.2 0.1 0.1 א אOthers 48.4 36.2 27.4 22.4 26.6 2.9 2.5 10.5 6.5 4.3 6.2 4.7 11.4

Other Countries 494.4 1009.7 725.4 1240.4 1487.5 190.1 195.3 597.0 258.0 318.3 614.6 299.8 254.8 א אSingapore 9.0 45.0 3.6 7.3 18.3 3.9 1.6 0.3 1.5 3.0 6.0 4.2 5.1 אSwitzerland 124.8 115.4 94.5 165.0 127.9 23.6 35.5 50.3 55.6 36.9 57.9 15.0 18.1 אJapan 36.7 98.4 66.4 50.6 89.9 10.8 14.1 10.5 15.2 28.1 21.9 21.1 18.8 אCanada 29.2 10.2 10.4 10.2 16.6 0.9 1.2 5.8 2.3 1.8 6.1 2.1 6.6 אChina 73.6 48.8 6.3 60.5 119.3 2.1 4.3 46.2 7.9 6.1 56.2 33.2 23.8 אTaiwan 2.2 0.9 1.7 2.0 0.8 0.5 0.6 0.2 0.7 0.3 0.1 0.0 0.4 אTurkey 12.5 169.2 31.0 44.3 77.5 8.5 10.4 13.1 12.3 12.8 17.1 39.6 8.0

Bermuda 10.8 8.3 20.1 1.3 0.1 0.0 0.4 0.8 0.1 0.0 0.1 0.0 0.0 אIndia 53.3 68.2 21.5 6.1 12.5 0.5 0.6 0.8 4.2 3.1 3.5 4.9 1.0 אKorea 4.6 23.9 47.3 163.5 224.1 31.6 34.4 59.7 37.8 38.6 68.2 64.0 53.3

Australia 2.1 4.4 12.5 16.2 9.9 0.8 5.8 2.9 6.7 4.2 2.1 2.7 0.9 אNorway 3.3 8.2 5.3 7.2 13.3 3.0 0.5 2.3 1.4 5.6 2.9 4.3 0.5 אOthers 132.3 408.8 404.8 706.2 777.3 103.9 85.9 404.1 112.3 177.8 372.5 108.7 118.3

Outflows -7785.9 -6520.3 -6677.6 -6166.4 -5596.1 -1685.3 -1595.0 -1459.2 -1426.9 -1547.7 -1437.6 -727.7 -1883.1 * Provisional. . *(1) The data were adjusted according to the revised data of the Petroleum sector.


א א א א − ٣٢32 - Foreign Direct Investment (FDI) in Egypt by Country

(US$ mn)

- 94 - - 93 -

א א א

. א א א (١)

Fiscal Years

2014/2015* (1) 2015/2016*


2012 2013 2014 2015 2016* Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Total External Debt ** 34384.5 43233.4 46067.1 48062.9 55764.4 44854.2 41324.1 39853.1 48062.9 46148.1 47792.3 53444.9 55764.4 ** א אRescheduled bilateral debt+ 10983.3 9479.5 8440.5 6242.9 5249.6 7375.2 7123.1 6179.7 6242.9 5683.1 5611.0 5182.5 5249.6 + א א א ODA 6654.6 5915.1 5624.7 4637.2 4524.5 5172.5 4991.1 4613.1 4637.2 4509.9 4460.8 4446.9 4524.5 א Non-ODA 4328.7 3564.4 2815.8 1605.7 725.1 2202.7 2132.0 1566.6 1605.7 1173.2 1150.2 735.6 725.1 אOther bilateral debt 5074.2 5982.2 6104.0 5491.7 5399.9 5844.9 5670.1 5425.2 5491.7 5572.9 5277.8 5609.9 5399.9 : א א א Paris Club countries 3960.7 3589.1 3646.1 2200.9 3553.5 3420.7 3253.9 3030.2 2200.9 2701.2 2625.7 3553.5 3553.5

Other countries 1113.5 2393.1 2457.9 3290.8 1846.4 2424.2 2416.2 2395.0 3290.8 2871.7 2652.1 2056.4 1846.4 א אInternational & regional organizations 11068.1 11963.3 12228.6 12246.3 14089.9 12116.4 12117.3 12051.0 12246.3 12388.5 12908.7 13810.1 14089.9 א א אSuppliers' & buyers' credit 405.0 586.4 546.4 1546.5 4018.9++ 513.4 486.5 629.0 1546.5 1135.0 1137.5 3566.8++ 4018.9++ א אEgyptian bonds and notes 2900.7 5158.6 6085.3 4937.7 3493.0 6098.9 3584.9 3575.6 4937.7 3545.8 3510.6 3514.0 3493.0 אLong -Term Deposits 1000.0 3000.0 9000.0 15000.0 16300.0 9000.0 9000.0 9000.0 15000.0 15000.0 14900.0 14900.0 16300.0 א אShort-term debt 2901.9 7046.1 3651.0 2575.3 7017.7 3885.4 3320.8 2967.6 2575.3 2797.8 4424.2 6836.1 7017.7 א א Deposits 913.7 5293.4 1392.5 1295.3 4678.3 1453.3 1112.9 1238.7 1295.3 1464.5 2486.8 4545.4 4678.3 א א Other facilities 1988.2 1752.7 2258.5 1280.0 2339.4 2432.1 2207.9 1728.9 1280.0 1333.3 1937.4 2290.7 2339.4

Private sector debt (non-guaranteed) 51.3 17.3 11.3 22.5 195.4 20.0 21.4 25.0 22.5 25.0 22.5 25.5 195.4 ( א ) א אTotal Debt Service (during the period) 2903.8 3089.3 3198.9 5609.1 5165.4 1115.8 3021.1 1056.7 415.5 2351.6 865.5 1080.1 868.2 ( א ) אInterest (paid) # 658.3 643.3 716.0 666.2 835.4 195.3 177.9 177.6 115.4 187.7 240.4 146.3 261.0 # א א אPrincipal (repaid) 2245.5 2446.0 2482.9 4942.9 4330.0 920.5 2843.2 879.1 300.1 2163.9 625.1 933.8 607.2 א אIndicators (%) (٪) א אExternal Debt /GDP ## 12.5 16.4 15.6 14.8 17.6 13.1 12.0 12.2 14.8 12.9 13.3 16.9 17.6 ## א א /א א אShort-term External Debt / Total External Debt 8.5 16.3 7.9 5.4 12.6 8.7 8.1 7.4 5.4 6.1 9.3 12.8 12.6 א א / א א אDebt Service /Exports G&S - - - - - 8.7 25.3 11.6 4.0 23.8 10.1 13.9 9.7 א א א /א א אDebt Service /Exports G&S (Annually) 6.3 6.3 7.3 12.7 14.7 6.9 12.1 12.6 12.7 16.6 12.4 12.9 14.7 ( ) א א א /א א אDebt Service /Current Receipts - - - - - 5.9 17.0 7.5 2.7 16.6 6.9 9.1 6.5 א /א א אDebt Service /Current Receipts (Annually) 4.5 4.5 4.3 8.5 9.9 4.3 7.6 8.2 8.5 11.2 8.4 8.7 9.9 ( ) א /א א אInterest Payments /Exports G&S - - - - - 1.5 1.5 1.9 1.1 1.9 2.8 1.9 2.9 א א א /א א א אInterest Payments /Exports G&S (Annually) 1.4 1.3 1.6 1.5 2.4 1.6 1.5 1.6 1.5 1.6 1.9 1.9 2.4 ( ) א א א /א א א אInterest Payments /Current Receipts - - - - - 1.0 1.0 1.3 0.8 1.3 1.9 1.2 1.9 א /א א א אInterest Payments /Current Receipts (Annually) 1.0 0.9 1.0 1.0 1.6 1.0 1.0 1.0 1.0 1.1 1.3 1.3 1.6 ( ) א /א א א אExternal Debt per capita (US$) 387.7 475.3 506.4 513.5 573.1 479.2 441.5 425.8 513.5 474.3 491.2 549.3 573.1 ( ) 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 +

++ Including the Liquidity Support Facility (LSF). . א + +

# Including interest payments on Egyptian bonds and notes floated abroad. א . א א א א א א א # # # External debt is calculated in LE using end of period exchange rate, GDP has been revised according to the latest data released by the . א א א א א א א א א ، א א א א א # # Ministry of Planning Follow up and Administrative Reform.

33 - External Debt

(US$ mn)

א א − ٣٣

End of


2014/2015 2015/2016*

- 96 - - 95 -

June

( )


2012 2013 2014 2015 2016+ Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Total External Debt * 34384.5 43233.4 46067.1 48062.9 55764.4 44854.2 41324.1 39853.1 48062.9 46148.1 47792.3 53444.9 55764.4 * א א Medium- and Long-Term 31482.6 36187.3 42416.1 45487.6 48746.7 40968.8 38003.3 36885.5 45487.6 43350.3 43368.1 46608.8 48746.7 א א Short-Term 2901.9 7046.1 3651.0 2575.3 7017.7 3885.4 3320.8 2967.6 2575.3 2797.8 4424.2 6836.1 7017.7 א א Central and Local Government 25594.4 28489.6 29054.0 25707.2 24436.7 27872.7 25081.8 24041.3 25707.2 23836.4 23806.0 24467.7 24436.7 א א א א א

Medium- and Long-Term 25594.4 28489.6 29054.0 25707.2 24436.7 27872.7 25081.8 24041.3 25707.2 23836.4 23806.0 24467.7 24436.7 א א Bonds & Notes 2900.7 5158.6 6085.3 4937.7 3493.0 6098.9 3584.9 3575.6 4937.7 3545.8 3510.6 3514.0 3493.0 א א א Loans 22693.7 23331.0 22968.7 20769.5 20943.7 21773.8 21496.9 20465.7 20769.5 20290.6 20295.4 20953.7 20943.7 א Monetary Authority 2612.0 9064.2 11004.5 16317.5 22173.8 10945.5 10388.7 10329.3 16317.5 16509.6 17805.3 20758.5 22173.8 א א

Medium- and Long-Term 2612.0 4564.2 10504.5 16317.5 18973.8 10445.5 10388.7 10329.3 16317.5 16509.6 16605.3 17558.5 18973.8 א א Loans 254.8 213.0 115.6 56.7 1419.7 113.5 87.0 89.9 56.7 248.4 460.3 1392.7 1419.7 א Currency and deposits 1000.0 3000.0 9000.0 15000.0 16300.0 9000.0 9000.0 9000.0 15000.0 15000.0 14900.0 14900.0 16300.0 א Other liabilities ** 1357.2 1351.2 1388.9 1260.8 1254.1 1332.0 1301.7 1239.4 1260.8 1261.2 1245.0 1265.8 1254.1 ** א א א

Short-Term (Currency and Deposits) 0.0 4500.0 500.0 0.0 3200.0 500.0 0.0 0.0 0.0 0.0 1200.0 3200.0 3200.0 ( א ) א א Banks 1624.4 1599.9 1544.3 2386.9 3963.2 1564.7 1709.3 1799.8 2386.9 2560.4 2713.6 3810.8 3963.2 א

Medium- and Long-Term (Loans) 710.7 806.5 651.8 937.2 2050.5 611.4 596.4 550.1 937.2 783.7 775.9 1700.9 2050.5 ( ) א א Short-Term (of which) 913.7 793.4 892.5 1449.7 1912.7 953.3 1112.9 1249.7 1449.7 1776.7 1937.7 2109.9 1912.7 ( ) א א

Loans 0.0 0.0 0.0 154.4 434.4 0.0 0.0 11.0 154.4 312.2 650.9 764.5 434.4 א Currency and Deposits 913.7 793.4 892.5 1295.3 1478.3 953.3 1112.9 1238.7 1295.3 1464.5 1286.8 1345.4 1478.3 א א א Other Sectors 4553.7 4079.7 4464.3 3651.3 5190.7 4471.3 4144.3 3682.7 3651.3 3241.7 3467.4 4407.9 5190.7 א א

Medium- and Long-Term (Loans) 2565.5 2327.0 2205.8 2525.7 3285.7 2039.2 1936.4 1964.8 2525.7 2220.6 2180.9 2881.7 3285.7 ( ) א א Short-Term (Trade Credit) 1988.2 1752.7 2258.5 1125.6 1905.0 2432.1 2207.9 1717.9 1125.6 1021.1 1286.5 1526.2 1905.0 ( ) א א

Indicators (%) (٪) א אMedium- & Long-Term External Debt / Total External Debt 91.5 83.7 92.1 94.6 87.4 91.3 91.9 92.6 94.6 93.9 90.7 87.2 87.4 א א / א א אShort-term External Debt / Total External Debt 8.5 16.3 7.9 5.4 12.6 8.7 8.1 7.4 5.4 6.1 9.3 12.8 12.6 א א / א א אShort-term External Debt / Net International Reserves 18.7 47.2 21.9 12.8 40.0 23.0 21.7 19.4 12.8 17.1 26.9 41.3 40.0 א א / א א אGovernment External Debt / Total External Debt 74.4 65.9 63.1 53.5 43.8 62.1 60.7 60.3 53.5 51.7 49.8 45.8 43.8 א א / א א אGovernment External Debt*** / GDP 9.3 10.8 9.9 7.9 7.7 8.1 7.3 7.4 7.9 6.6 6.6 7.7 7.7 א א א / *** א א א + Provisional.

* The difference from World Bank data is in short-term debt. . א א א א * ** Representing the equivalent of SDRs allocated to Egypt by the IMF. . א א א ***** Government's external debt is calculated in LE using end of period exchange rate. . א א א א א א ***

34 - External Debt by Debtor

(US$ mn)

End of June

א א א א − ٣٤

2015/2016+2014/2015

. +

- 98 - - 97 -

-99- -100-

0

2

4

6

8

10

12

14

2013/2014 2014/2015 2015/2016

(US$ bn) دوالرمليار

الصادرات السلعية حسب درجة التصنيعMerchandise Exports by Degree of Processing

Fiscal Years

Fuel, Mineral oils & Products وقود وزيوت معدنية ومنتجاتھا Raw Materials المـواد الخـام

Semi-finished Goods الســلع نصف المصنعة Finished Goods الســلع تامـــة الصنع

02468

101214161820

2013/2014 2014/2015 2015/2016


الواردات السلعية حسب درجة االستخدامMerchandise Imports by Degree of Use

Fiscal Years

Fuel, Mineral oils & Products وقود وزيوت معدنية ومنتجاتھا Raw Materials المـواد الخـام Intermediate Goods السلع الوسيطة Investment Goods السلع االستثماريةConsumer Goods السلع االستھالكية

-18-15-12

-9-6-30369

121518212427

اإلتحاد االوروبى EU

الدول االوروبية االخرى

Other Euro. Coun

روسيا اإلتحادية .Russian Fed

الواليات المتحدة األمريكية

USA

الدول العربية .Arab Coun

الدول اآلسيوية .Asian Coun

الدول األفريقية .Afr. Coun

Other.دول أخرى Coun

)US$ bn(مليار دوالر

التجارة الخارجية وفقا للتوزيع الجغرافي Foreign Trade by Geographical Distribution

Fiscal Year 2015/2016

Exportsالصادرات Importsالواردات Volume of Tradeحجم التجارة

-10-8-6-4-202468

10121416

البترول Oil

المواد الغذائية Foodstuffsالحبوب

Cerealsالقطن

Cottonالصناعات الكيماوية

Chemicalsاالالت واالجھزة الكھربائية Machinery electric & equipment

المعادن العادية Base metals

المركبات ووسائل النقل Vehicles and

cars


التجارة الخارجية وفقا للمجموعات السلعية Foreign Trade by Merchandise Groups

Fiscal Year 2015/2016

Exportsالصادرات Importsالواردات Volume of Tradeحجم التجارة

- 102 - - 101 -

0250050007500

1000012500150001750020000225002500027500300003250035000375004000042500450004750050000525005500057500

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2013/2014 2014/2015 2015/2016

الدين الخارجى حسب القطاع المدين External Debt by Debtor

Other Sectors القطاعات األخرى Banks البنوك Monetary Authority السلطة النقدية Central and Local Government الحكومة المركزية ووحدات الحكم المحلى

مليون دوالر US$ mn

0250050007500

1000012500150001750020000225002500027500300003250035000375004000042500450004750050000525005500057500

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2013/2014 2014/2015 2015/2016

مليون دوالر US$ mn

المديونية الخارجية External Debt

Rescheduled bilateral debt القروض الثنائية المعاد جدولتھا Other bilateral debt القروض الثنائية االخرى International & regional organizations المؤسسات الدولية و االقليمية Buyers’ & suppliers’ credit تسھيالت المشترين والموردين

Government bonds & notes سندات وصكوك حكومية Long-term deposits ودائع طويلة اآلجلShort- term debt ديون قصيرة األجل Private sector debt (non-guaranteed) ( غير المضمونة(ديون القطاع الخاص

-40-36-32-28-24-20-16-12

-8-4048

121620242832

Trade Balance Services Balance Transfers (Net) Capital & Financial A/C Overall Balance

البنود التفصيلية لميزان المدفوعاتBOP detailed Components

2011/2012 2012/2013 2013/2014 2014/2015 2015/2016

مليار دوالر (US$ bn)

-12.0

-10.0

-8.0

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2013/2014 2014/2015 2015/2016

مليار دوالر )US$ bn(

الحساب الجاري ومكوناته Current Account & Its Components

الميزان التجارى الميزان الخدمى صافى التحويالت الجارية بدون مقابل رصيد المعامالت الجارية

א

Fiscal Sector

The Budget Sector

The Budget Sector,NIB & SIFs

The Budget Sector


The Budget Sector


The Budget Sector


The Budget Sector


The Budget Sector


Total Revenues 350322 403637 456788 519449 465241 538378 100130 114157 192168 218169 291124 331741 א א אTax Revenues 251118 251118 260289 260289 305957 305957 64477 64477 137948 137948 212439 212439 א א א א

Taxes on Income and Profits from; 117762 117762 120926 120926 129818 129818 23611 23611 45745 45745 70061 70061 : א א א א EGPC 45816 45816 46060 46060 36000 36000 0 0 0 0 0 0 א

SCA 12150 12150 14312 14312 13400 13400 4000 4000 6400 6400 9600 9600 א

CBE 8290 8290 4042 4042 3691 3691 7245 7245 7245 7245 11245 11245 א א

Other Units 25275 25275 25099 25099 38512 38512 4722 4722 14458 14458 20197 20197 א

Payable by individuals 26231 26231 31413 31413 38215 38215 7644 7644 17642 17642 29019 29019 א א

Taxes on Property 16453 16453 18761 18761 21107 21107 5869 5869 12119 12119 19934 19934 א א אTaxes on Goods and Services 92924 92924 91867 91867 122930 122930 29856 29856 64637 64637 99954 99954 א א א אTaxes on International Trade (Customs) 16771 16771 17673 17673 21867 21867 5141 5141 11254 11254 16162 16162 ( א ) א א אOther Taxes 7208 7208 11062 11062 10235 10235 0 0 4193 4193 6328 6328 א

Grants 5208 5208 95856 95856 25437 25437 2572 2572 2684 2684 3287 3287 אCurrent 4205 4205 81744 81744 24226 24226 2562 2562 2694 2694 2662 2662

Capital 1003 1003 14112 14112 1211 1211 10 10 -10 -10 625 625

Other Revenues 93996 147311 100643 163304 133847 206984 33081 47108 51536 77537 75398 116015 א אProperty Income from: 56494 67581 56990 69402 82683 94980 26012 27344 34367 36671 44982 49084 : א א

EGPC 18785 18785 21809 21809 25414 25414 0 0 0 0 0 0 א

SCA 16375 16375 18084 18084 19214 19214 4502 4502 8558 8558 12028 12028 א

CBE 11317 11317 9283 9283 13417 13417 19460 19460 21960 21960 26960 26960 א א

Economic Authorities 1915 1915 1630 1630 10093 10093 974 974 1976 1976 3171 3171 א א

Companies 3539 3539 3157 3157 3295 3295 607 607 760 760 948 948 א

Other ( from EGPC & TML** ) 361 361 245 245 128 128 0 0 0 0 0 0 ( א א ، א )

Other 4202 15289 2782 15194 11122 23419 469 1801 1113 3417 1875 5977

Sales of Goods and Services 22733 22733 28499 28499 26457 26457 4285 4285 9777 9777 15813 15813 א אFinancing Investment 6282 6282 6180 6180 10614 10614 1363 1363 3930 3930 6580 6580 א אOther 8487 50715 8974 59223 14093 74933 1421 14116 3462 27159 8023 44538

** TML : Third Mobile License.

- 104 -

Actual 2012/2013

- 103 -

2015/2016

July/Mar.

* א א א א − ٣٥ (The Budget Sector, NIB and SIFs)

( LE mn )

( א א ، א א ، א א א ) ( بالمليون جنيه )

Actual 2014/2015

35 - Consolidated Fiscal Operations of the General Government *

July/Dec.July/Sept.Actual 2013/2014

The Budget Sector


The Budget Sector


The Budget Sector


The Budget Sector


The Budget Sector


The Budget Sector


Total Expenditures 588188 644080 701514 759847 733350 805929 169884 189672 354557 394758 533324 586805 אCompensations of Employees 142956 145064 178589 180829 198468 200933 55281 55845 110236 111409 155752 157500 א א

Salaries and wages 118196 120157 146869 148940 162311 164597 44717 45243 89607 90706 126947 128565 א אSocial contributions 13675 13804 16705 16852 18997 19159 5119 5153 10412 10479 15152 15270 א א אOther 11085 11103 15015 15037 17160 17177 5445 5449 10217 10224 13653 13665

Purchases of Goods and Services 26652 27155 27248 27556 31276 31580 5149 5230 12988 13196 21160 21406 א א אGoods 11994 12014 12084 12103 14448 14474 1762 1767 5526 5537 9473 9494 אServices 11297 11474 11786 11940 13549 13721 2706 2749 5938 6029 9552 9664 אOther 3361 3667 3378 3513 3279 3385 681 714 1524 1630 2135 2248

Interest 146995 135331 173150 159330 193008 179035 50704 47291 114003 108961 176787 166581 א אDomestic 143099 131435 168154 154334 188308 174335 49500 46087 111430 106388 173208 163002

To NIB & SIFs 22760 0 24481 0 26038 0 5419 0 9955 0 18342 0 א א א אTo Others 120339 131435 143673 154334 162270 174335 44081 46087 101475 106388 154866 163002

Foreign 3896 3896 4996 4996 4700 4700 1204 1204 2573 2573 3579 3579

Subsidies, Grants and Social Benefits 197093 261760 228578 298002 198569 282116 37942 60459 71448 115224 106386 167988 א א א א א Subsidies 170800 170800 187658 187658 150198 150198 20984 20984 37892 37892 58280 58280 א

To Petroleum 120000 120000 126180 126180 73915 73915 0 0 0 0 0 0 א To GASC 32551 32551 35493 35493 39395 39395 10036 10036 15627 15627 22882 22882 א א To Others 18249 18249 25985 25985 36888 36888 10948 10948 22265 22265 35398 35398

Grants 5014 5014 5190 5190 6211 6211 2089 2089 3189 3189 4839 4839 א Social Benefits 20778 85445 35200 104624 41037 124584 14640 37158 30076 73852 42916 104518 א א

Contribution to SIFs 16351 751 29200 0 33213 1 12546 0 25516 1 36602 0 א א א Other 4427 84694 6000 104624 7824 124583 2094 37158 4560 73851 6314 104518

Other 501 501 530 530 1123 1123 229 228 291 291 351 351

Other Expenditures 34976 35141 41067 41209 50279 50348 13181 13187 24803 24819 36664 36684 א אDefense 28739 28739 31844 31844 41477 41477 11435 11435 21030 21030 30854 30854 אOther 6237 6402 9223 9365 8802 8871 1746 1752 3773 3789 5810 5830

Purchases of Non-Financial Assets (Investments) 39516 39629 52882 52921 61750 61917 7627 7660 21079 21149 36575 36646 ( א א ) אFixed assets 31931 32044 38437 38476 45547 45714 6871 6904 19285 19355 32140 32211 א אOthers 7585 7585 14445 14445 16203 16203 756 756 1794 1794 4435 4435

Actual 2012/2013

- 106 -

( )( LE mn )

- 105 -

2015/2016

July/Mar.Actual 2014/2015

( ) * א א א א − ٣٥( א א ، א א ، א א א )

35 - Consolidated Fiscal Operations of the General Government* ( Contd. ) (The Budget Sector, NIB and SIFs)

July/Dec.Actual 2013/2014

July/Sept.

The Budget Sector


The Budget Sector


The Budget Sector


The Budget Sector


The Budget Sector


The Budget Sector


Total Revenues 350322 403637 456788 519449 465241 538378 100130 114157 192168 218169 291124 331741 א א אTotal Expenditures 588188 644080 701514 759847 733350 805929 169884 189672 354557 394758 533324 586805 א

Cash Deficit 237866 240443 244726 240398 268109 267551 69754 75515 162389 176589 242200 255064 א א

Net Acquisition of Financial Assets 1853 6410 10713 14317 11321 16763 8526 125 10074 -12038 12737 -10411 א א

Overall Fiscal Balance 239719 246853 255439 254715 279430 284314 78280 75640 172463 164551 254937 244653 א א

Financing Sources 239719 246853 255439 254715 279430 284314 78280 75640 172463 164551 254937 244653 אDomestic Financing 270624 244807 277319 258399 327728 296593 138160 116740 253970 208039 371316 309300 א א

Banking Financing 221338 222087 244363 240151 248454 248580 104173 99048 200585 194111 281862 270358 א אCentral Bank 134177 134177 119349 119349 105724 105724 72813 72813 109146 109146 119575 119575 א א

Other Banks 87161 87910 125014 120802 142730 142856 31360 26235 91439 84965 162287 150783 א א

Non- Banking Financing 49286 22720 32956 18248 79274 48013 33987 17692 53385 13928 89454 38942 א אNIB -1595 0 -3513 0 -1792 0 -1149 0 2391 0 13693 0 א א

SIFs 25646 0 26261 0 34365 0 18628 0 46000 0 57862 0 א

Other 25034 25034 6373 6373 596 596 25499 25499 20355 20355 30792 30792

NIB Borrowing 0 -2515 0 8040 0 1312 0 1184 0 8934 0 21043 א א א א

Special Accounts for Economic Authorities 201 201 3835 3835 46105 46105 -8991 -8991 -15361 -15361 -12893 -12893 א א א

Blocked Account Used in Amortizing Part of CBE Bonds 0 0 0 0 0 0 0 0 0 0 0 0 א א א א א א אForeign Borrowing 20270 20270 4022 4022 -25119 -25119 -4269 -4269 -17463 -17463 -14883 -14883 א א אArrears 0 0 0 0 0 0 0 0 0 0 0 0 א אOthers, of which : -13148 19803 -25387 -7191 -35987 32 -9453 9327 -10426 27593 -12299 39433 : ، א

Special Accounts for Budget Entities 0 0 0 0 0 0 0 0 0 0 0 0 א א א א א

Financing Effects for Eliminations 0 0 0 0 0 0 0 0 0 0 0 0 א א אExchange Rate Revaluation 11357 11357 1242 1242 549 549 224 224 224 224 1398 1398 א אNet Privatization Proceeds 12 12 -315 -315 0 0 0 0 -884 -884 -1179 -1179 א

Privatization Proceeds 12 12 35 35 0 0 0 0 0 0 0 0 א

Treasury Contribution to the Fund 0 0 350 350 0 0 0 0 884 884 1179 1179 א א א א

Difference between Treasury Bills Face Value & Present Value -6791 -6791 -1051 -1051 -9540 -9540 -1237 -1237 3873 3873 8325 8325 א א א א א אForeign Debt Reclassification Diff. and Related FX Diff. 0 0 0 0 0 0 0 0 0 0 0 0 א א אDiscrepancy -42605 -42605 -391 -391 21799 21799 -45145 -45145 -56831 -56831 -97741 -97741

Cash Deficit (Surplus) as a percentage of GDP (%) 12.9 13.0 11.7 11.5 11.0 11.0 2.5 2.7 5.9 6.3 8.7 9.2 (٪) א א א / א א א

Overall Fiscal Balance as a percentage of GDP(%) 13.0 13.4 12.2 12.1 11.5 11.7 2.8 2.7 6.2 5.9 9.2 8.8 (٪) א א א / א א א

Revenues as a percentage of GDP (%) 19.0 21.9 21.7 24.7 19.1 22.1 3.6 4.1 6.9 7.9 10.5 12.0 (٪) א א א / א א א

Expenditures as a percentage of GDP (%) 31.9 34.9 33.4 36.2 30.2 33.2 6.1 6.8 12.8 14.2 19.2 21.2 (٪) א א א / א Source : Ministry of Finance. . א א : א

. ٢٠٠١ א א א א א א א * * According to the classification, prepared in accordance with the IMF's Government Finance Statistics Manual 2001.

( LE mn ) ( )

July/Dec. Actual 2013/2014

July/Sept. July/Mar.

2015/2016

35 - Consolidated Fiscal Operations of the General Government* ( Contd. )

Actual 2012/2013 Actual 2014/2015

- 107 -

(The Budget Sector, NIB and SIFs)

( ) * א א א א − ٣٥( א א ، א א ، א א א )

- 108 -

سبتمبر *

2010 2011 2012 2013 2014 March June Sept. Dec. March June

Gross Domestic Debt (1+2+3-4) 888,715 1,044,898 1,238,137 1,527,378 1,816,582 2,016,465 2,116,345 2,259,245 2,368,300 2,496,466 2,619,594 (٢+٣−٤ +١ ) א א א 1- Net Domestic Debt of Government (A+B+C+D+E) 663,818 808,113 990,529 1,261,141 1,538,459 1,780,521 1,871,332 1,981,475 2,100,020 2,207,467 2,285,644 ( + + + + ) א א א −١A- Balances of Bonds & Bills 779,232 916,976 1,078,162 1,269,289 1,478,846 1,697,437 1,722,165 1,797,720 1,893,950 2,222,517 2,290,527 א א א א − Treasury Bonds : 513,111 560,873 669,554 786,024 944,176 1,124,694 1,125,969 1,176,830 1,253,090 1,524,768 1,474,532 : א א א א .

Treasury bonds with the CBE 121,533 130,596 178,830 238,830 240,330 290,330 240,330 241,830 241,830 461,830 390,830 א א א א א א א . Local currency bonds with public sector banks 4,000 4,000 4,000 0 0 0 0 0 0 0 0 א א א א א א . US dollar bonds issued for commercial banks 0 0 0 0 21,390 22,560 22,560 23,160 23,160 26,310 26,310 א א א א א א . Bonds offered abroad **: : ** א א א א .

US$ 6,005 7,583 3,834 5,539 6,166 5,072 6,108 7,407 7,638 8,647 8,832

LE 3,808 3,954 4,279 0 0 0 0 0 0 0 0 א Egyptian treasury bonds + 159,767 206,767 270,567 315,478 436,510 546,590 596,940 630,440 685,815 726,978 745,005

+ א א א א . Government notes to compensate for the actuarial deficit in social insurance funds 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 א א א א א א א א . Housing bonds 114 115 111 106 101 92 92 92 62 62 62 א א . Foreign currency bonds with public sector commercial banks 11,883 0 0 0 0 0 0 0 0 0 0 א א א א א א א . The equivalent of the retained 5% of corporate profits to purchase government bonds 1,764 1,830 1,905 1,998 2,051 2,075 2,124 2,124 2,134 2,150 2,199 א א א א ٪٥ א . Bonds of the Insurance Funds (against the transfer of NIB debt to the Treasury) 202,237 204,028 204,028 219,507 233,704 254,532 254,532 268,655 289,489 295,989 298,653 א א א א א א . Bonds of Barwa Real Estate Investment Company. 0 0 0 2,566 1,924 1,443 1,283 1,122 962 802 641 א א . Treasury Bills : 266,121 356,103 408,608 483,265 534,670 572,743 596,196 620,890 640,860 697,749 815,995 : א א א .

LE 266,121 356,103 373,398 425,847 471,521 508,442 531,543 554,452 574,490 605,240 656,740 אUS$ 0 0 35,210 46,914 51,166 53,185 53,307 54,725 54,456 78,461 145,576

Euro 0 0 0 10,504 11,983 11,116 11,346 11,713 11,914 14,048 13,679

B- Borrowing from other entities 0 2,000 13,036 25,348 15,686 6,392 5,640 0 0 0 0 א א −C - Credit Facilities from the Social Insurance Funds 2,343 2,343 1,725 1,225 1,225 450 450 450 450 250 250 א א א −D - The Masri Dollar certificate*** 0 0 193 1,421 2,256 2,436 2,207 1,748 1,371 1,227 1,125

*** א א −E- Net Government Balances with the Banking System -117,757 -113,206 -102,587 -36,142 40,446 73,806 140,870 181,557 204,249 -16,527 -6,258 א א א −2- Borrowing of Economic Authorities (Net) 67,771 66,290 63,112 63,256 58,360 6,128 11,341 42,190 45,890 62,794 103,720 א א א −٢

Net Balances of Economic Authorities with the Banking System 16,302 14,149 10,457 11,943 6,331 -46,914 -41,524 -11,830 -4,912 11,700 52,171 א א א א א . Borrowing of Economic Authorities from NIB **** 51,469 52,141 52,655 51,313 52,029 53,042 52,865 54,020 50,802 51,094 51,549 **** א א א א א א א .

3- NIB Debt (Net) 222,259 238,179 251,028 266,595 280,946 290,055 293,902 295,838 282,974 297,984 309,591 א א −٣NIB Debt 227,769 240,851 253,679 268,388 282,674 292,666 295,339 299,210 289,681 304,742 315,201 א א .Deposits of the NIB with the banking system (-) 5,510 2,672 2,651 1,793 1,728 2,611 1,437 3,372 6,707 6,758 5,610 (−) א א א א א .

4- Intradebt 65,133 67,684 66,532 63,614 61,183 60,239 60,230 60,258 60,584 71,779 79,361 א א −٤ Government debt to the NIB (investments in government securities) 13,664 15,543 13,877 12,301 9,154 7,197 7,365 6,238 9,782 20,685 27,812 ( א א א ) א א א . Loans of economic authorities to NIB 51,469 52,141 52,655 51,313 52,029 53,042 52,865 54,020 50,802 51,094 51,549 א א א א .

Indicators אGDP at Market Current Prices ++ 1,206,600 1,371,100 1,656,600 1,843,800 2,101,900 ++ א א א א א Gross Domestic Debt / GDP ( % ) 73.6 76.2 74.7 82.8 86.4 82.4 86.5 81.5 85.5 90.1 94.5 ( ٪ ) א א א / א א א

Government debt (net) / GDP ( % ) 55.0 58.9 59.8 68.4 73.2 72.8 76.5 71.5 75.8 79.7 82.5 ( ٪ ) א א א / א א אNet economic authorities debt / GDP ( % ) 5.6 4.9 3.8 3.4 2.8 0.2 0.5 1.5 1.7 2.3 3.7 ( ٪ ) א א א / א א אNIB debt (minus its intradebt) / GDP ( % ) 13.0 12.4 11.1 11.0 10.4 9.4 9.5 8.5 8.0 8.1 8.3 ( ٪ ) א א א /( א א ) א א Source: Central Bank of Egypt - Ministry of Finance - National Investment Bank. . א א − א א − א א א : א

. *

** Represents Holdings of financial institutions ( the banking and insurance sectors ) resident in Egypt. . א ( א א א ) א א **

*** In order to support the national economy and finance the development plan, the National Bank of Egypt issued a new US dollar certificate in May 2012 for א ، א א א ، א א ٪٤ א ٣ ،٢٠١٢ א א א א ***

Egyptians resident abroad to invest their savings in the Egyptian market. The Masri Dollar Certificate is a three-year certificate, with a 4% annual return, and is

not redeemable in the first six months. Its minimum purchase value is US$ 1000, with no ceiling.

+ + According to the latest data released by the Ministry of Planning, Follow up and Administrative Reform.

א . א א א א א ++ + Based on its nominal value.

. א +

2014/2015 2015/2016

- 109 - - 110 -

**** Apart from the interest payments due to the NIB.

. א א א א א. א א א א א ****

End of June

* Provisional

36 - Gross Domestic Debt(LE mn)

٣٦ - إجمالى الدين المحلى

End of א

2,446,600 2,771,300

( بالمليون جنيه )

*2010 2011 2012 2013 2014 March June Sept. Dec. March June

Liabilities :of which 227,769 240,851 253,679 268,388 282,674 292,666 295,339 299,210 289,681 304,742 315,201 - الخصوم : منھا

Social Insurance Fund for Gov. Employees 31,613 32,982 34,999 38,499 40,580 42,800 41,524 42,249 30,929 31,600 32,264 א א .

Social Insurance Fund for Pub. & Priv. Business Sectors Employees 27,384 29,663 29,765 30,249 31,441 32,469 32,757 32,800 23,779 23,894 23,637 א א א א א .

Proceeds from investment certificates 91,134 94,635 97,904 102,253 108,451 108,405 108,938 109,637 118,318 130,405 138,265 א א .

Accumulated interest on investment certificates (category A) 8,648 8,747 8,005 7,149 7,240 7,750 7,874 7,952 7,975 7,930 7,994 ( ) א א א א א א .

Proceeds from US dollar development bonds 10 9 7 6 5 5 5 5 4 4 4 א א א .

Post office savings 64,837 71,978 78,852 86,382 93,376 99,335 102,297 104,496 106,671 108,869 111,044 א א .

Others** 4,143 2,837 4,147 3,850 1,581 1,902 1,944 2,071 2,005 2,040 1,993 ** .

Assets :of which 227,769 240,851 253,679 268,388 282,674 292,666 295,339 299,210 289,681 304,742 315,201 - األصول : منھا

Loans to economic authorities 51,469 52,141 52,655 51,313 52,029 53,042 52,865 54,020 50,802 51,094 51,549 א א א א א .

Investments in government securities (bills and bonds) 13,664 15,543 13,877 12,301 9,154 7,197 7,365 6,238 9,782 20,685 27,812 ( א (א א א .

Deposits of the NIB with the banking system 5,510 2,672 2,651 1,793 1,728 2,611 1,437 3,372 6,707 6,758 5,610 א א א א א .

Lending to holding companies and affiliate units, concessional loans, 157,126 170,495 184,496 202,981 219,763 229,816 233,672 235,580 222,390 226,205 230,230 א א א א א א א א א . and others (net NIB debt minus its intradebt) ( א א א א )Source : Ibid . 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 **

End of June

* Provisional

الموارد المستثمرة لدى بنك االستثمار القومى واستخداماتھا

2014/2015 2015/2016

- 112 - - 111 -

End of א

Gross Domestic Debt (Contd.) - ٣٦36 - إجمالى الدين المحلى ( تابع ) NIB Resources and Uses

(LE mn) ( بالمليون جنيه )

( LE mn ) ( )

2016

א2011 2012 2013 2014 2015 Jan. Feb. Mar. April May June July

Total Outstanding Balances* 356103 373398 425847 471521 531543 582990 591490 605240 622740 643240 656740 668740 * א א91 - day bills 33000 10000 30189 27406 33500 38000 39000 41500 47500 55000 58500 59500 ٩١

182 - day bills 78000 84095 91639 96016 80500 92500 95000 100250 104250 109250 113250 116250 ١٨٢

252 - day bills 7325 0 0 0 0 0 0 0 0 0 0 0 ٢٥٢

259 - day bills 16500 2000 0 0 0 0 0 0 0 0 0 0 ٢٥٩

266 - day bills 30250 48882 56939 63874 78500 102500 103500 105250 107250 108250 112250 113250 ٢٦٦

273 - day bills 41866 64899 55290 63053 91463 92000 93500 93000 94500 100500 99500 103000 ٢٧٣

280 - day bills 3500 0 0 0 0 0 0 0 0 0 0 0 ٢٨٠

343 - day bills 2785 0 0 0 0 0 0 0 0 0 0 0 ٣٤٣

350 - day bills 36840 16095 0 0 0 0 0 0 0 0 0 0 ٣٥٠

357 - day bills 43552 62969 91000 103782 116576 117100 118100 120750 120250 118250 114750 117250 ٣٥٧

364 - day bills 58985 84458 100790 117390 131004 140890 142390 144490 148990 151990 158490 159490 ٣٦٤

371- day bills 3500 0 0 0 0 0 0 0 0 0 0 0 ٣٧١

* اإلصدار األول ألذون ٢٧٣ يوم فى ٢٠٠٨/١٠/١٤، و٣٥٠ يوم فى٢٠٠٩/١/٢٠، و٢٥٩ يوم فى ٢٠٠٩/٤/٢٨، و٣٥٧ يوم فى ٢٠٠٩/٦/٢،

و٢٦٦ يوم فى ٢٠٠٩/١١/١٠، و ٢٥٢ يوم فى ٢٠١٠/١/٢٦، و٢٨٠ يوم فى ٢٠١٠/١١/٣٠، و٣٧١ يوم فى ٢٠١١/١/١٢، و٣٤٣ يوم فى ٢٠١١/٥/١٧.

12/1/2011, and 343 - day bills on 17/5/2011 .

( LE mn ) ( )2016

א אAug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. April May June July

Total Outstanding Balances 546952 554452 561452 565990 574490 582990 591490 605240 622740 643240 656740 668740 א אForeign customers 279 284 251 371 203 226 220 356 360 615 532 875 א אSecurities companies 909 700 751 979 633 567 840 779 641 1055 501 819 א א א אHolding companies / investment companies 15807 15857 15926 15482 15380 17471 19024 17025 15950 15338 15663 14908 א / א אSpecialized banks 5471 6900 6453 6028 6790 6788 7531 7431 6488 6017 6997 7947

National Investment Bank 550 900 870 520 784 1031 1600 2085 3615 3611 3511 3511 א אPrivate sector banks 190716 188819 187790 178208 169269 173543 174472 173021 183659 189547 201366 199017 −Public sector banks 207067 197333 199183 213741 239767 240113 243577 262555 268203 268060 268159 282030 −Foreign banks - branches 24725 25872 27738 27407 26891 25436 25225 26266 24779 25430 26777 26160 −Insurance companies (foreign branches) 274 258 243 227 223 229 195 211 202 204 268 273 ( ) אInsurance companies (private sector) 3177 3308 3519 3650 3753 3808 3895 3797 3784 3808 3933 3835 ( ) אInsurance companies (public sector) 13273 14448 16268 17264 17001 17155 18655 19033 19382 19890 19277 21547 ( ) אMutual funds 52016 49809 49497 48339 43221 42716 41896 37239 35361 31211 31314 29649 אInsurance funds 4211 3875 3984 4201 3795 2710 2654 2585 2572 3151 3104 3447 אHousing & construction sector 1078 1395 1268 1466 1154 1078 1139 1244 1119 765 816 823 א אTrade sector 1323 1002 1059 710 491 858 664 863 787 1028 1061 1050 אManufacturing sector 1254 1120 1147 1157 972 1189 1048 1365 1221 1215 1239 1163 א אFinancial sector 236 320 304 299 260 183 293 256 132 133 146 258 א אTransportation, electricity, gas and health sector 292 242 602 575 575 537 555 568 548 596 602 183 / / א / א א אHousehold sector 4970 5056 5402 4823 4216 4179 4031 3949 3984 3920 4129 4414 א אOil & mining sector 5735 6104 6688 7716 7257 8618 8426 8017 8400 8445 8051 8115 א אServices sector 1931 2201 1979 2736 2831 3581 3337 4168 4462 3504 3538 2456 אOthers 11658 28649 30530 30091 29024 30974 32213 32427 37091 55697 55756 56260

* Affected by daily trading of the secondary market (General Department for Securities and Loans). .( א א א א א (א א א א א *

37 - Treasury Bills Outstanding Balances ٣٧ - األرصدة القائمة من اإلذون على الخزانة

End of

2016

June

* Treasury Bills Outstanding Balances By Sectors - ٣٨38 - األرصدة القائمة من األذون مقسمة قطاعيا*

End of

* First issue of 273- day bills on14/10/2008, 350- day bills on 20/1/2009, 259- day bills on 28/4/2009, 357- day bills

on 2/6/2009, 266- day bills on 10/11/2009, 252-day bills on 26/1/2010, 280- day bills on 30/11/2010, 371-day bills on

- 114 - - 113 -

20162015

( LE bn )

٪ א 2016Interest אRate % 2011 2012 2013 2014 2015 Jan. Feb. Mar. April May June July

1- Bonds Issued under the Primary Dealers System** 206.7 270.5 315.5 368.1 295.0 243.4 235.4 241.1 250.1 248.4 240.9 242.9 ** א א א א א −١Eleventh 11.500 5.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26/10/2011 26/10/2004 7 years אTwelveth 11.625 5.0 5.0 5.0 5.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16/11/2014 16/11/2004 10 years אFourteenth 11.400 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 18/01/2025 18/01/2005 20 years א אEighteenth 9.100 6.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20/09/2012 20/09/2005 7 years אTwenty first 9.300 5.0 5.0 5.0 5.0 5.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15/11/2015 15/11/2005 10 years א א אTwenty third 8.850 6.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24/01/2013 24/01/2006 7 years א אTwenty seventh 9.450 2.0 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29/05/2014 29/05/2007 7 years א אTwenty eighth 8.450 2.0 2.0 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25/09/2014 25/09/2007 7 years א אTwenty ninth 8.600 2.0 2.0 2.0 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23/10/2015 23/10/2007 8 years א אThirtieth 8.550 5.0 5.0 5.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13/11/2013 13/11/2007 6 years אThirty first 8.700 3.0 3.0 3.0 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22/01/2016 22/01/2008 8 years א א אThirty second 9.150 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 12/02/2018 12/02/2008 10 years א אThirty third 9.200 3.0 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19/02/2014 19/02/2008 6 years א אThirty fourth 10.650 3.0 3.0 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27/05/2015 27/05/2008 7 years א א אThirty fifth 10.950 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 0.0 0.0 10/06/2016 10/06/2008 8 years א אThirty sixth 12.000 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13/01/2012 13/01/2009 3 years א אThirty seventh 12.000 6.0 6.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10/02/2014 10/02/2009 5 years א אThirty eighth 10.550 5.0 5.0 5.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14/04/2014 14/04/2009 5 years א אThirty ninth 10.350 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28/04/2012 28/04/2009 3 years א אFortieth 11.000 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 0.0 0.0 09/06/2016 09/06/2009 7 years אFourty first 10.600 3.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 07/07/2011 07/07/2009 2 years א אFourty second 10.800 6.0 6.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28/07/2013 28/07/2009 4 years אFourty third 10.450 6.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11/08/2012 11/08/2009 3 yearsFourty fourth 10.900 5.1 5.1 5.1 5.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15/09/2014 15/09/2009 5 years אFourty fifth 10.900 6.0 6.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29/09/2013 29/09/2009 4 yearsFourty sixth 12.170 2.0 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24/11/2013 24/11/2009 4 yearsFourty seventh 12.500 6.5 6.5 6.5 6.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 08/12/2014 08/12/2009 5 yearsFourty eighth 12.800 5.1 5.1 5.1 5.1 5.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15/12/2015 15/12/2009 6 yearsFourty ninth 12.350 8.0 8.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 05/01/2013 05/01/2010 3 years א אFiftieth 12.600 13.5 13.5 13.5 13.5 13.5 13.5 13.5 13.5 13.5 13.5 13.5 13.5 16/02/2017 16/02/2010 7 years אFifty first 12.250 10.0 10.0 10.0 10.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 02/03/2015 02/03/2010 5 years א א אFifty second 11.350 9.5 9.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 06/04/2013 06/04/2010 3 years א אFifty third 11.550 10.0 10.0 10.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 06/07/2013 06/07/2010 3 years א אFifty fourth 12.550 7.5 7.5 7.5 7.5 7.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20/07/2015 20/07/2010 5 years א א אFifty fifth 13.000 5.5 5.5 5.5 8.5 8.5 14.5 14.5 14.5 14.5 14.5 14.5 14.5 03/08/2020 03/08/2010 10 years א אFifty sixth 11.600 11.5 11.5 11.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 05/10/2013 05/10/2010 3 years א אFifty seventh 12.350 7.5 7.5 7.5 7.5 7.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14/09/2015 19/10/2010 5 years א אFifty eighth 11.630 3.0 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18/01/2014 18/01/2011 3 years א אFifty ninth 13.100 - 8.0 8.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26/07/2013 26/07/2011 2 years א אSixtieth 13.350 - 10.0 10.0 10.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 02/08/2014 02/08/2011 3 years אSixty first 14.000 - 7.5 7.5 7.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18/10/2014 18/10/2011 3 years א א אSixty second 14.500 - 3.9 5.4 5.4 5.4 5.4 5.4 5.4 11.4 17.4 17.4 17.4 25/10/2018 25/10/2011 7 years א אSixty third 14.250 - 6.8 8.8 8.8 8.8 8.8 8.8 8.8 8.8 8.8 8.8 8.8 25/10/2016 25/10/2011 5 years א אSixty fourth 16.150 - 10.5 10.5 10.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17/01/2015 17/01/2012 3 years א א אSixty fifth 16.350 - 11.1 11.1 11.1 11.1 11.1 11.1 11.1 11.1 11.1 11.1 11.1 17/01/2017 17/01/2012 5 years א אSixty sixth 16.150 - 10.0 10.0 10.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 03/04/2015 03/04/2012 3 years א אSixty seventh 16.850 - 5.5 10.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0 03/04/2019 03/04/2012 7 years א אSixty eighth 17.000 - 4.0 9.8 9.8 9.8 9.8 9.8 9.8 9.8 9.8 9.8 11.8 03/04/2022 03/04/2012 10 years א אSixty ninth 16.550 - 7.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0 10/04/2017 10/04/2012 5 years א אSeventieth 16.150 - - 15.0 15.0 15.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 03/07/2015 03/07/2012 3 years אSeventy first 16.580 - - 8.5 8.5 8.5 8.5 8.5 8.5 8.5 8.5 8.5 8.5 14/08/2017 14/08/2012 5 years א א אSeventy second 16.900 - - 6.5 6.5 6.5 6.5 6.5 6.5 6.5 6.5 6.5 6.5 21/08/2019 21/08/2012 7 years א אSeventy third 15.454 - - 1.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16/09/2014 18/09/2012 2 years א אSeventy fourth 14.050 - - 5.5 5.5 5.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 09/10/2015 09/10/2012 3 years א א אSeventy fifth 13.650 - - 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0 13/11/2017 13/11/2012 5 years א אSeventy sixth 14.170 - - 3.5 3.5 9.0 9.0 9.0 9.0 9.0 9.0 9.0 9.0 13/11/2019 13/11/2012 7 years א אSeventy seventh 14.350 - - 5.0 5.0 5.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 01/01/2016 01/01/2013 3 years א אSeventy eighth 16.300 - - 5.5 11.0 11.0 11.0 11.0 11.0 11.0 11.0 11.5 11.5 01/01/2023 01/01/2013 10 years א אSeventy ninth 14.830 - - 2.8 7.7 7.7 7.7 7.7 7.7 7.7 0.0 0.0 0.0 07/05/2016 07/05/2013 3 years א אEightieth 15.950 - - 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 14/05/2018 14/05/2013 5 years אEighty first 15.900 - - 1.8 6.8 6.8 6.8 6.8 6.8 9.8 9.8 9.8 9.8 21/05/2020 21/05/2013 7 years א א אEighty second 15.550 - - - 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 09/07/2018 09/07/2013 5 years א אEighty third 13.750 - - - 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 03/09/2016 13/08/2013 3 years א אEighty fourth 15.960 - - - 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 03/09/2023 03/09/2013 10 years א א אEighty fifth 0.000 - - - 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17/03/2015 17/09/2013 1.5 years א אEighty sixth 0.000 - - - 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24/03/2015 24/09/2013 1.5 years א אEighty seventh 12.050 - - - 7.5 7.5 7.5 7.5 7.5 7.5 7.5 7.5 7.5 26/09/2016 01/10/2013 3 years א אEighty eighth 12.280 - - - 12.6 12.6 12.6 12.6 12.6 12.6 12.6 12.6 12.6 08/11/2018 08/10/2013 5 years א אEighty ninth 14.000 - - - 12.2 12.2 12.2 12.2 12.2 12.2 12.2 12.2 12.2 08/11/2023 08/10/2013 10 years א אNinetieth 0.000 - - - 1.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 07/04/2015 08/10/2013 1.5 years אNinety first 0.000 - - - 1.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 07/04/2015 29/10/2013 1.5 years א א אNinety second 13.440 - - - 12.0 12.0 12.0 12.0 17.7 17.7 17.7 17.7 17.7 05/11/2020 05/11/2013 7 years א אNinety third 0.000 - - - 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12/05/2015 12/11/2013 1.5 years א אNinety fourth 12.400 - - - 8.7 8.7 8.7 8.7 8.7 8.7 8.7 8.7 8.7 03/12/2016 03/12/2013 3 years א א אNinety fifth 0.000 - - - 2.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 07/07/2015 07/01/2014 1.5 years א אNinety sixth 0.000 - - - 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 28/01/2017 28/01/2014 3 years א אNinety seventh 11.900 - - - 8.0 8.0 8.0 0.0 0.0 0.0 0.0 0.0 0.0 04/02/2016 04/02/2014 2 years א אNinety eighth 12.700 - - - 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 04/02/2018 05/02/2014 4 years א אNinety ninth 14.900 - - - 9.0 9.0 9.0 9.0 9.0 9.0 9.0 9.0 9.0 11/02/2024 11/02/2014 10 years א א

39 - Outstanding Balances of Treasury Bonds* Listed on the Stock Exchange

Tranche

( بالمليار جنيه)

٣٩ - األرصدة القائمة من سندات* الخزانة المصرية المقيدة بالبورصة

א

- 116 -

אMaturity Date

א אIssue Date

אDurationJune

- 115 -

2016

( LE bn )

٪ א 2016Interest אRate % 2011 2012 2013 2014 2015 Jan. Feb. Mar. April May June July

2- Total Bonds Issued under the Primary Dealers System** 0.0 0.0 0.0 68.4 302.0 455.4 474.6 485.9 487.4 491.2 504.1 507.3

א א א א −٢** א

Hundredth 0.000 - - - 4.0 4.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11/08/2015 11/02/2014 1.5 years אOne hundredth and first 13.050 - - - 8.0 11.0 11.0 17.5 17.5 17.5 17.5 17.5 17.5 25/02/2019 25/02/2014 5 years אOne hundredth and second 0.000 - - - 4.0 4.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 01/09/2015 04/03/2014 1.5 years אOne hundredth and third 12.540 - - - 14.8 14.8 14.8 14.8 14.8 14.8 14.8 14.8 14.8 04/03/2017 04/03/2014 3 years

One hundredth and fourth 14.100 - - - 9.8 9.8 9.8 9.8 9.8 9.8 9.8 9.8 9.8 04/03/2021 04/03/2014 7 years

One hundredth and fifth 0.000 - - - 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13/10/2015 15/04/2014 1.5 years

One hundredth and sixth 13.450 - - - 7.1 11.1 11.1 11.1 11.1 11.1 11.1 11.1 11.1 06/05/2019 06/05/2014 5 years

One hundredth and seventh 0.000 - - - 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10/11/2015 13/05/2014 1.5 years

One hundredth and eighth 14.400 - - - 5.8 7.7 7.7 7.7 7.7 7.7 7.7 7.7 7.7 13/05/2021 13/05/2014 7 years

One hundredth and ninth 15.550 - - - 1.9 10.9 14.4 16.2 16.2 16.2 16.2 16.2 16.2 03/06/2024 03/06/2014 10 years

One hundredth and tenth 12.600 - - - 4.0 14.2 14.2 14.2 14.2 14.2 14.2 14.2 14.2 10/06/2017 10/06/2014 3 years

One hundredth and eleventh 0.000 - - - 3.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 08/12/2015 10/06/2014 1.5 years

One hundredth and twelfth 0.000 - - - - 1.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 05/01/2016 08/07/2014 1.5 years

One hundredth and thirteenth 14.500 - - - - 12.1 12.1 12.1 12.1 12.1 12.1 12.1 12.1 08/07/2021 08/07/2014 7 years

One hundredth and fourteenth 0.000 - - - - 2.6 2.6 0.0 0.0 0.0 0.0 0.0 0.0 02/02/2016 05/08/2014 1.5 years אOne hundredth and fifteenth 13.900 - - - - 19.4 19.4 19.4 19.4 19.4 19.4 19.4 19.4 05/08/2017 05/08/2014 3 years

One hundredth and sixteenth 14.400 - - - - 8.2 8.2 8.2 8.2 8.2 8.2 8.2 8.2 12/08/2019 12/08/2014 5 years

One hundredth and seventeenth 15.900 - - - - 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3 09/09/2024 09/09/2014 10 years

One hundredth and eighteenth 0.000 - - - - 2.1 2.1 2.1 0.0 0.0 0.0 0.0 0.0 15/03/2016 16/09/2014 1.5 years

One hundredth and nineteenth 0.000 - - - - 3.0 3.0 3.0 3.0 0.0 0.0 0.0 0.0 12/04/2016 14/10/2014 1.5 years

One hundred and twenty 14.500 - - - - 4.0 4.0 4.0 4.0 4.0 7.0 7.0 7.0 21/10/2019 21/10/2014 5 years

One hundred and twenty one 0.000 - - - - 3.0 3.0 3.0 3.0 3.0 0.0 0.0 0.0 03/05/2016 04/11/2014 1.5 years אOne hundred and twenty two 0.000 - - - - 4.5 4.5 4.5 4.5 4.5 0.0 0.0 0.0 31/05/2016 02/12/2014 1.5 years אOne hundred and twenty three 13.400 - - - - 13.0 13.0 13.0 13.0 13.0 13.0 13.0 13.0 02/12/2017 02/12/2014 3 years

One hundred and twenty four 15.250 - - - - 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 09/12/2024 09/12/2014 10 years

One hundred and twenty five 14.000 - - - - 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 06/01/2020 06/01/2015 5 years

One hundred and twenty six 14.500 - - - - 3.0 6.5 6.5 6.5 6.5 6.5 6.5 6.5 13/01/2022 13/01/2015 7 years

One hundred and twenty seven 0.000 - - - - 3.0 3.0 3.0 3.0 3.0 3.0 3.0 0.0 12/07/2016 13/01/2015 1.5 years

One hundred and twenty eight 12.450 - - - - 12.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 03/02/2020 03/02/2015 5 years

One hundred and twenty nine 14.150 - - - - 10.8 16.5 16.5 16.5 16.5 16.5 16.5 16.5 03/02/2025 03/02/2015 10 years

One hundred and thirty 0.000 - - - - 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 09/08/2016 10/02/2015 1.5 years

One hundred and thirty one 12.150 - - - - 6.2 6.2 6.2 6.2 6.2 6.2 6.2 6.2 10/02/2018 10/02/2015 3 years אOne hundred and thirty two 13.000 - - - - 17.1 17.1 17.1 17.1 17.1 17.1 17.1 17.1 10/02/2022 10/02/2015 7 years אOne hundred and thirty three 0.000 - - - - 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 06/09/2016 10/03/2015 1.5 years

One hundred and thirty four 12.400 - - - - 17.0 17.0 17.0 17.0 17.0 17.0 17.0 17.0 10/03/2018 10/03/2015 3 years אOne hundred and thirty five 0.000 - - - - 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 04/10/2016 07/04/2015 1.5 years

One hundred and thirty six 12.550 - - - - 17.0 17.0 17.0 17.0 17.0 17.0 17.0 17.0 14/04/2020 14/04/2015 5 years

One hundred and thirty seven 0.000 - - - - 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 01/11/2016 05/05/2015 1.5 years

One hundred and thirty eight 14.400 - - - - 6.0 17.5 17.5 17.5 17.5 17.5 17.5 17.5 12/05/2025 12/05/2015 10 years

One hundred and thirty nine 0.000 - - - - 5.5 5.5 5.5 5.5 5.5 5.5 5.5 5.5 29/11/2016 02/06/2015 1.5 years

One hundred and forty 12.700 - - - - 7.5 19.5 19.5 19.5 19.5 19.5 19.5 19.5 02/06/2018 02/06/2015 3 years

One hundred and forty one 13.700 - - - - - 15.0 15.0 15.0 15.0 15.0 15.0 15.0 07/07/2020 07/07/2015 5 years אOne hundred and forty two 0.000 - - - - - 4.0 4.0 4.0 4.0 4.0 4.0 4.0 10/01/2017 14/07/2015 1.5 years אOne hundred and forty three 0.000 - - - - - 4.0 4.0 4.0 4.0 4.0 4.0 4.0 07/02/2017 11/08/2015 1.5 yearsOne hundred and forty four 14.600 - - - - - 16.2 16.2 16.2 16.2 16.2 16.2 16.2 11/08/2022 11/08/2015 7 yearsOne hundred and forty five 0.000 - - - - - 3.5 3.5 3.5 3.5 3.5 3.5 3.5 07/03/2017 08/09/2015 1.5 yearsOne hundred and forty six 12.600 - - - - - 17.5 17.5 17.5 17.5 17.5 17.5 17.5 08/09/2018 08/09/2015 3 yearsOne hundred and forty seven 0.000 - - - - - 4.0 4.0 4.0 4.0 4.0 4.0 4.0 04/04/2017 06/10/2015 1.5 yearsOne hundred and forty eight 13.100 - - - - - 15.0 15.0 15.0 15.0 15.0 15.0 15.0 27/10/2020 27/10/2015 5 yearsOne hundred and forty nine 0.000 - - - - - 4.0 4.0 4.0 4.0 4.0 4.0 4.0 02/05/2017 03/11/2015 1.5 yearsOne hundred and fifty 15.300 - - - - - 9.0 10.7 13.5 13.5 13.5 13.5 13.5 10/11/2025 10/11/2015 10 yearsOne hundred and fifty one 0.000 - - - - - 6.0 6.0 6.0 6.0 6.0 6.0 6.0 30/05/2017 01/12/2015 1.5 years אOne hundred and fifty two 12.400 - - - - - 15.0 15.0 15.0 15.0 15.0 15.0 15.0 01/12/2018 01/12/2015 3 years אOne hundred and fifty three 14.300 - - - - - 10.0 10.0 10.0 10.0 10.0 10.0 10.0 01/12/2022 01/12/2015 7 yearsOne hundred and fifty four 13.350 - - - - - 6.0 12.3 12.3 12.3 12.3 12.3 12.3 05/01/2021 05/01/2016 5 yearsOne hundred and fifty five 0.000 - - - - - 3.7 3.7 3.7 3.7 3.7 3.7 3.7 11/07/2017 12/01/2016 1.5 yearsOne hundred and fifty six 14.800 - - - - - - 3.5 6.5 6.5 6.5 6.5 6.5 09/02/2023 09/02/2016 7 yearsOne hundred and fifty seven 0.000 - - - - - - 2.0 2.0 2.0 2.0 2.0 2.0 08/08/2017 09/02/2016 1.5 yearsOne hundred and fifty eight 13.350 - - - - - - - 5.8 5.8 5.8 5.8 5.8 08/03/2019 08/03/2016 3 yearsOne hundred and fifty nine 0.000 - - - - - - - 1.8 1.8 1.8 1.8 1.8 05/09/2017 08/03/2016 1.5 yearsOne hundred and sixty 0.000 - - - - - - - - 2.0 2.0 2.0 2.0 03/10/2017 05/04/2016 1.5 yearsOne hundred and sixty one 15.970 - - - - - - - - 2.5 7.5 12.5 12.5 26/04/2021 26/04/2016 5 years אOne hundred and sixty two 0.000 - - - - - - - - - 2.0 2.0 2.0 31/10/2017 03/05/2016 1.5 years אOne hundred and sixty three 0.000 - - - - - - - - - 1.3 2.5 2.5 28/11/2017 31/05/2016 1.5 yearsOne hundred and sixty four 14.600 - - - - - - - - - - 5.5 5.5 14/06/2019 14/06/2016 3 years אOne hundred and sixty five 0.000 - - - - - - - - - - 1.2 1.2 26/12/2017 28/06/2016 1.5 yearsOne hundred and sixty six 16.400 - - - - - - - - - - - 4.8 05/07/2021 05/07/2016 5 yearsOne hundred and sixty seven 17.150 - - - - - - - - - - - 1.4 05/07/2026 05/07/2016 10 years

3- Total Outstanding Balances(1+2) 206.7 270.5 315.5 436.5 597.0 698.8 710.0 727.0 737.5 739.6 745.0 750.2 (١+٢) א א −٣* 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 .٢٠٠٤ ٩٢ א (٧) א ، ٢٠٠٢ ٧٢٣ א א א ، א א ٢٠٠٢ ٤٨٠ א א ،٢٠٠٤ א א א **

it, 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.

אDuration

2016א

- 118 - - 117 -

June

39 - Outstanding Balances of Treasury Bonds* Listed on the Stock Exchange (Contd.) ٣٩ - األرصدة القائمة من سندات* الخزانة المصرية المقيدة بالبورصة ( تابع )

( بالمليار جنيه)

Tranche אMaturity Date

א אIssue Date

- 119 -- 120-

0

200

400

600

800

1000

1200

1400

1600

1800

2000

2200

2400

2010 2011 2012 2013 2014 2015 Sept. Dec. March June

End of June

Economic Authorities Debt (Net)صافى مديونية الھيئات العامة االقتصادية

Government Domestic Debt (Net)

National Investment Bank Debt (Net)(excluding intra-debt)

إجمالى الدين المحلى

صافى الدين المحلى الحكومى

)بعد طرح المديونية البينيه(صافى مديونية بنك االستثمار القومى

2015/2016

مليار جنيه LE bn

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

2011/2012 2012/2013 2013/2014 2014/2015 July/Sept. July/Dec. July/March

(%)

الناتج المحلى اإلجمالى/ العجز أو الفائض الكلى للعمليات المالية الموحدة للحكومة العامة Deficit or Surplus of Consolidated Fiscal Operations of the General Government / GDP

The Budget Sector, NIB & SIFs

The Budget Sector

الموازنة العامة ، وبنك االستثمار القومى، قطاعوصناديق التأمين االجتماعى

قطاع الموازنة العامة

2015/2016

050000

100000150000200000250000300000350000400000450000500000550000600000650000

June2015

July Aug. Sept. Oct. Nov Dec. Jan.2016

Feb. March April May June July

T.Bills 91 Days T.Bills 182 Days T.Bills 266 Days T.Bills 273 Days T.Bills 357 Days T.Bills 364 Days

( بالجنيه المصرى( األرصدة القائمة من األذون على الخزانة Treasury Bills Outstanding Balances (LE) مليون جنيه

LE mn

سندات على الخزانة العامة ، وسندات االسكان

Treasury & House holding bonds 51.2%

سندات صندوقى التأمينات مقابل . نقل مديونية بنك االستثمار القومي الى

الخزانة Bonds of the Insurance

Funds (against the transfer of NIB debt to the Treasury)

13.0%

صكوك على الخزانة العامة بقيمة . العجز االكتوارى فى صناديق

التأمينات االجتماعيةGovernment notes to

compensate for the actuarial deficit in social insurance

funds 0.1%

اذون على الخزانة العامة. Treasury Bills

35.6%

المجنبة من % ٥مقابل نسبة الـ . ارباح الشركات لشراء سندات حكومية

The equivalent of the retained 5% of corporate

profits to purchase government bonds

0.1%

٢٠١٦الھيكل النسبى للسندات الحكومية واألذون فى نھاية يونيو The Relative Structure of Government Bonds & Bills

End of June 2016

אא Real Sector

During 2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015*

Total Population of A.R.E. (1st July) 71.2 72.6 74.5 80.3 80.9 83.2 87.8 87.8 87.8 90.6 93.6 .. ( ) אTotal Population Abroad (1) 1.9 1.9 2.3 6.7 5.7 6.3 9.1 7.3 5.3 6.0 6.8 .. (١) א

Total Population in A.R.E. 69.3 70.7 72.2 73.6 75.2 76.9 78.7 80.5 82.5 84.6 86.8 89.0 א א Population less than 6 years 9.5 9.8 10.0 9.4 9.5 9.8 10.0 10.2 10.5 11.4 11.7 11.6 א ٦ א - Males 4.8 5.0 5.1 4.8 4.9 5.1 5.1 5.3 5.4 5.9 6.1 6.0 − - Females 4.7 4.8 4.9 4.6 4.6 4.7 4.9 4.9 5.1 5.5 5.6 5.6 −Education age ( 6-24 years) 30.1 30.7 31.3 30.6 31.1 31.9 32.7 33.5 34.3 31.9 32.8 32.2 ( ٢٤ א (٦ - - Males 15.6 15.9 16.3 15.7 16.0 16.5 16.8 17.2 17.6 16.4 16.9 16.6 − - Females 14.5 14.8 15.0 14.9 15.1 15.4 15.9 16.3 16.7 15.5 15.9 15.6 −Production age ( 15-64 years ) 40.6 40.9 42.0 47.5 48.7 49.6 50.8 52.0 53.3 54.5 55.9 57.4 ( ١٥-٦٤) א - Males 20.6 20.6 21.3 24.2 24.7 25.2 25.8 26.4 27.1 27.7 28.4 29.1 − - Females 20.0 20.3 20.7 23.3 24.0 24.4 25.0 25.6 26.2 26.8 27.5 28.3 −65 years and more 2.3 2.4 2.4 2.7 2.8 2.9 2.9 3.0 3.1 3.6 3.7 4.2 ٦٥ א - Males 1.2 1.3 1.3 1.4 1.5 1.5 1.5 1.6 1.6 1.8 1.8 2.2 − - Females 1.1 1.1 1.1 1.3 1.3 1.4 1.4 1.4 1.5 1.8 1.9 2.1 −Rate of Births (per thousand) 25.7 25.5 25.7 26.5 27.3 28.8 28.7 30.3 31.9 31.0 31.3 30.2 ( א ) א אRate of Deaths (per thousand) 6.4 6.4 6.3 6.1 6.1 6.2 6.1 6.1 6.4 6.0 6.1 6.5 ( א ) אRate of Natural Increase (per thousand) 19.3 19.1 19.4 20.4 21.2 22.6 22.6 24.2 25.5 25.0 25.2 23.7 ( א ) א אTotal Labor Force (15-64 years )(2) 20.9 21.8 22.9 23.9 24.7 25.4 26.2 26.5 27.0 27.6 27.9 28.4 (٢)( ١٥−٦٤) אTotal Employment (15-64 years)(2) 18.7 19.3 20.4 21.7 22.5 23.0 23.8 23.3 23.6 24.0 24.3 24.8 (٢) ( ١٥−٦٤) אBy Economic Sector א א - Commodity sectors 9.2 9.6 .. .. .. .. .. .. .. .. .. .. א א − - Productive & social services sectors 9.5 9.7 .. .. .. .. .. .. .. .. .. .. א א א −By Employment Sector : ، א - Government sector 5.0 5.0 5.2 5.4 5.3 5.7 5.5 5.5 5.5 5.3 5.3 .. − - Public enterprise sector 1.0 1.0 1.0 1.0 1.0 1.0 0.7 0.7 0.8 1.0 1.0 .. − - Private sector 12.6 13.3 14.2 15.1 16.5 16.5 17.1 17.0 17.0 17.2 17.6 .. −Unemployment (2) 2.15 2.44 2.43 2.13 2.14 2.38 2.35 3.20 3.40 3.60 3.60 3.70 (٢) אLabor Force / Population % in A.R.E. 30.2 30.8 31.7 32.5 32.8 33.1 33.4 33.0 32.7 32.6 32.2 32.0 ٪ א א / אUnemployment Rate %(2) 10.3 11.2 10.6 8.9 8.7 9.4 9.0 12.0 12.7 13.2 13.0 12.8 (٢) ٪ אNumber of students in pre-university education (thousands) (4) 16301 16444 16430 .. 15593 18173 .. .. 19676 20285 20606 21266 (٤) ( ) א אNumber of students in university education (thousands) (4) 1615 1704 1759 .. 1918 1998 1723 1703 1749 1801 .. .. (٤) ( ) א אIlliteracy (3) (10 years and more) (%) (4) 27.9 26.3 29.3 .. .. 27.9 26.3 26.1 24.9 25.9 25.3 .. (٤) (٣) ٪ ( א ١٠ ) א

Population estimates were made by using the method of natural increase and the final results of 2006 census as a base year. . ٢٠٠٦ א א א ، א א א א Source : Central Agency for Public Mobilization and Statistics . א . א א א : א * Preliminary. . *

. א א (١)

(2) Data until 2007 includes those who are in the age group (15 - 64 years). As of 2008, data includes those א א א ،٢٠٠٨ א א .( ١٥-٦٤) א א ٢٠٠٧ א (٢)

who are in the age group ( 15 years and above ). .( ١٥)

. א א א א (٣)

.٢٠١٤ ٢٠٠٩ א א (٤)

.. Not available. . א ..

א א א א −٤٠( )

(4) Revised data from 2009 till 2014.

(1) According to the estimates of the Ministry of Foreign Affairs

(3) The illiteracy statement is based on the labor Force Survey .

- 122 -

(mn)

40 - Population, Labor Force, Employment and Unemployment

- 121 -

א א 2016Weights א

Total Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May June July Aug.

Inflation Rate (CPI urban)* * ( ) א א (Jan. 2010=100) : : (٢٠١٠=١٠٠ )

Monthly (End of Month / End of Previous Month) 0.63 2.47 2.17 -0.30 -0.09 0.11 0.97 1.44 1.27 3.05 0.78 0.74 1.93 ( א א / א ) אAnnually (Month / Corresponding Month of Previous Year) 100.0 * 7.88 9.21 9.70 11.08 11.06 10.10 9.13 9.02 10.27 12.30 13.97 14.00 15.47 ( א א א א / א ) א Food & beverages 39.92 8.23 11.00 12.51 14.68 14.64 13.38 12.51 12.08 12.72 14.32 17.60 18.37 19.32 א א Alcoholic beverages and tobacco 2.19 17.24 10.87 11.58 11.58 11.58 11.58 0.65 0.65 0.65 1.98 1.98 2.98 2.98 א א א Clothing & footwear 5.41 8.28 8.35 9.20 10.70 10.04 10.04 6.90 6.90 7.00 7.00 10.21 10.80 10.18 א א Housing, water, electricity, gas & other fuel 18.37 6.51 6.40 5.92 6.02 6.02 2.74 2.86 0.13 5.46 5.35 5.35 2.10 7.96 א א א א א Furnishings, household equipment & routine maintenance of the house 3.77 4.41 4.71 5.02 5.77 6.78 10.62 10.25 10.60 11.19 12.18 13.39 12.98 14.05 א א א א א א א Health 6.33 0.40 4.17 4.17 9.26 9.26 9.26 9.26 13.79 13.79 31.49 31.49 30.97 30.97 א א Transportation 5.68 1.59 1.65 2.44 2.38 2.38 2.15 2.15 2.66 2.43 3.66 3.65 3.78 6.17 א א א Communications 3.12 -0.07 -0.07 -0.07 -0.07 0.00 0.00 0.00 0.00 0.03 0.03 0.03 0.06 0.07 א א א Recreation & culture 2.43 7.69 9.53 10.76 10.80 10.91 10.98 10.94 11.48 10.66 13.08 13.41 12.59 16.71 א א Education 4.63 24.68 24.68 11.21 11.21 11.21 11.21 11.21 11.21 11.21 11.21 11.21 11.21 11.21 אRestaurants, cafes & hotels 4.43 8.99 8.95 15.39 15.71 15.33 15.45 14.82 18.56 19.98 22.54 21.34 21.71 19.47 א אMiscellaneous goods and services 3.72 0.72 1.02 1.32 2.89 3.42 2.82 3.83 4.55 6.99 8.03 8.64 13.95 15.82 א א א

Groups excluded from headline index to calculate core inflation 25.57 א א א א א Fruits & vegetables ** 6.91 15.41 29.37 31.77 39.84 42.41 34.52 30.35 25.44 21.81 19.01 33.65 38.38 36.15 ** א א א Regulated items *** 18.66 12.05 10.71 8.43 8.46 8.27 5.63 3.46 1.91 5.91 8.14 8.14 5.88 10.59 א *** א א א

א א 2016Weights in א

Headline CPI Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May June July Aug.

Core Inflation Rate (CPI urban)**** 74.43 ****( ) א א א (Jan. 2010 =100) : : (٢٠١٠=١٠٠ )

Monthly (End of Month / End of Previous Month) -0.23 0.79 1.23 0.96 0.10 0.98 0.88 1.62 1.24 3.15 0.74 0.25 0.61 ( א א / א ) אAnnually (Month / Corresponding Month of Previous Year) 5.61 5.55 6.26 7.44 7.23 7.73 7.50 8.41 9.51 12.23 12.37 12.31 13.25 ( א א א א / (א א Food excl. fruits & vegetables ***** 31.08 6.22 5.34 6.17 7.36 6.79 7.45 7.42 8.19 10.04 13.13 12.99 12.50 14.08 ***** א א א א א Retail items***** 14.48 3.84 3.83 4.08 5.38 5.81 6.67 5.56 7.08 8.26 13.07 14.72 14.88 16.24 ***** א א Paid services***** 5.87 13.31 15.84 14.13 17.58 17.08 17.35 17.35 17.57 16.44 17.45 17.48 19.94 17.85 ***** א א Other services***** 23.00 3.36 4.01 5.29 5.70 5.82 5.86 5.74 6.80 7.13 8.42 8.21 8.03 8.47 ***** א א

Source : Central Agency for Public Mobilization and Statistics (CAPMAS) and CBE . . א א א ، א א א א : א* The 9th series of CPI was introduced in August 2010. The weights involved in the formation of the Index were taken

** Excluding pulses, dried fruits and preserved & processed vegetables . . א א א א א א א א ***** Including fuel. . א ******* The core CPI is a variant of the headline CPI that excludes the prices of regulated items, and the most volatile food items (fruits & vegetables).

***** For further information, refer to section ''Definitions and Terminology''. . א *****

א א א - ٤١ 41 - Domestic Price Indicators

During

. ٢٠١٠ ٢٠٠٩/٢٠٠٨ א א

During

- 124 -

from the results of the 2008/2009 survey of income, expenditure and consumption, using January 2010 as a base period.

- 123 -

א א א א א א ،٢٠١٠ א א א א *

. א א א א א א א א א א א א א א א א א א ****

2016

2016

2015

2015

א א

Weights א אTotal Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July

Inflation Rate (PPI)* * א א (2004/2005=100) : :(١٠٠= ٢٠٠٥/٢٠٠٤)

Monthly ( End of Month / End of Previous Month) -0.69 2.74 2.08 -2.37 -2.14 -1.84 0.91 1.76 2.37 2.46 1.50 0.46 ( א א / א ) אAnnually ( Month / Corresponding Month of Previous Year ) 100.0 -6.64 -3.96 -2.00 -1.91 0.15 0.46 -1.24 0.55 1.07 1.58 5.68 7.27 ( א א א א / (א אAgriculture, forestry and fishing 25.1 1.57 7.61 7.71 5.69 7.68 5.80 4.51 5.32 4.61 4.61 13.72 16.69 א א א אMining and quarrying 21.8 -45.38 -43.67 -37.05 -35.92 -30.55 -25.80 -35.13 -25.06 -24.32 -22.25 -18.59 -16.84 א אManufacturing 38.9 1.41 1.61 2.31 2.86 2.17 1.56 1.81 2.26 3.85 4.83 5.52 6.16 א אElectricity, gas, steam and air conditioning supply 2.3 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 0.00 א א א א א א אWater supply, sewerage, waste management and remediation activities 2.0 27.51 20.09 20.09 20.09 16.24 13.82 30.08 26.49 26.49 24.89 24.89 14.28 א א א א א א אTransportation and storage 2.8 20.11 20.11 6.11 6.11 6.11 3.03 3.03 3.03 3.03 3.03 3.03 12.35 א אAccommodation and food service activities 5.0 1.79 1.79 0.84 0.84 3.75 2.87 2.87 2.87 7.23 7.23 7.23 10.06 א א אInformation and communications 2.1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 א אSource : Central Agency for Public Mobilization and Statistics (CAPMAS). . א א א 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 א א א ٢٠٠٧ א א א א א א א א *

as of January 2008. .٢٠٠٨ א א א א

א אJuly Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. April May June July

Gold Prices ( in LE ) ( א ) אSterling gold pound 2181.9 2184.3 2192.4 2260.7 2242.2 2204.3 2193.8 2373.8 2584.3 2868.1 3072.1 3219.4 3567.0 א א21 KT / grm 260.3 260.6 261.6 269.7 267.5 263.0 261.8 283.2 308.4 342.2 366.6 384.1 425.6 ٢١ א א18 KT / grm 223.2 223.4 224.2 231.2 229.3 225.4 224.4 242.8 264.3 293.3 314.2 329.3 364.8 ١٨ א א

- 125 -

During

Source : The Assay and Weights Administration. . א א א : א

- 126 -

2015 2016

א א א - ٤١ 41 - Domestic Price Indicators (contd.)

During

41 - Domestic Price Indicators (contd.)

2015 2016

א א א אPublic Private Total Public Private Total Public Private Total Public Private Total

Total GDP 622154.5 1148104.8 1770259.3 633465.0 1192235.0 1825700.0 470045.9 921450.3 1391496.2 478881.3 944109.4 1422990.7 א א אAgriculture, Forests & Fishing 141.2 200157.9 200299.1 149.7 206163.6 206313.3 116.0 158898.9 159014.9 122.6 163862.8 163985.4 א א א אExtractions 201087.1 60531.8 261618.9 191894.5 58960.8 250855.3 143885.7 43892.0 187777.7 136500.5 42332.0 178832.5 : א א

a) Petroleum 94605.0 16804.2 111409.2 96317.4 16997.2 113314.6 72268.3 12753.3 85021.6 72444.1 12586.8 85030.9 א א −b) Gas 105228.7 20961.7 126190.4 94289.7 18735.7 113025.4 70663.2 13953.5 84616.7 63071.8 12045.8 75117.6 א −c) Other Extractions 1253.4 22765.9 24019.3 1287.4 23227.9 24515.3 954.2 17185.2 18139.4 984.6 17699.4 18684.0 א −

Manufacturing Industries 90846.4 199230.3 290076.7 90500.4 207986.7 298487.1 68912.1 157399.3 226311.4 70616.1 156965.7 227581.8 : א אa) Petroleum Refining 69315.2 3751.6 73066.8 67017.1 3621.0 70638.1 50627.1 2721.3 53348.4 52176.8 2694.8 54871.6 א −b) Other Manufacturing 21531.2 195478.7 217009.9 23483.3 204365.7 227849.0 18285.0 154678.0 172963.0 18439.3 154270.9 172710.2 א −

Electricity 25472.1 4149.7 29621.8 26516.4 4290.3 30806.7 19559.5 3164.6 22724.1 20908.5 3351.9 24260.4 אWater, Sanitation & Recycling 9954.2 1131.7 11085.9 10346.4 1160.8 11507.2 7807.0 877.1 8684.1 8078.4 904.6 8983.0 א א א א אConstruction & Building 7682.1 71315.8 78997.9 8923.2 77741.2 86664.4 6195.4 54764.0 60959.4 6880.8 60863.5 67744.3Transportation & Storage 13955.2 61431.3 75386.5 14979.2 63966.3 78945.5 10642.6 45840.4 56483.0 11226.0 48082.2 59308.2 א אCommunications 8025.1 18677.0 26702.1 8340.7 19657.1 27997.8 7693.3 30966.1 38659.4 8304.2 33425.2 41729.4 אInformation 403.0 5102.5 5505.5 417.1 5291.3 5708.4 311.0 3941.0 4252.0 323.0 4098.6 4421.6 אSuez Canal 31283.5 0.0 31283.5 33373.3 0.0 33373.3 24140.9 0.0 24140.9 24594.5 0.0 24594.5 אWholesale & Retail Trade 12839.7 219309.2 232148.9 13431.9 226878.4 240310.3 10230.8 174170.5 184401.3 10673.1 182496.6 193169.7 א אFinancial Intermediaries & Auxiliaries 41495.3 28084.6 69579.9 42740.1 29067.7 71807.8 33747.5 23010.4 56757.9 34899.5 23967.7 58867.2 א א א א Social Insurance & Insurance 10159.5 3135.7 13295.2 10464.4 3245.3 13709.7 7712.0 2389.2 10101.2 7974.1 2488.6 10462.7 א א אTourism 353.8 26417.2 26771.0 425.7 31566.0 31991.7 502.3 35805.6 36307.9 306.6 27745.6 28052.2 אReal Estate 1871.3 165995.3 167866.6 1947.4 170518.1 172465.5 1340.0 122069.3 123409.3 1385.6 126865.1 128250.7 : א א

a) Real Estate Ownership 237.0 116777.4 117014.4 244.5 120234.4 120478.9 178.1 87676.9 87855.0 184.8 91156.1 91340.9 א א −b) Business Services 1634.3 49217.9 50852.2 1702.9 50283.7 51986.6 1161.9 34392.4 35554.3 1200.8 35709.0 36909.8 א −

General Government 164266.6 0.0 164266.6 176629.0 0.0 176629.0 125441.5 0.0 125441.5 134223.2 0.0 134223.2 א אSocial Services 2318.4 83434.8 85753.2 2385.6 85741.4 88127.0 1808.2 64262.0 66070.2 1864.6 66659.3 68523.9 א א א א

a) Education 0.0 31502.9 31502.9 0.0 32277.6 32277.6 0.0 24033.1 24033.1 0.0 24911.1 24911.1 א −b) Health 2038.4 37942.4 39980.8 2100.5 39085.4 41185.9 1593.0 29496.5 31089.5 1641.9 30582.1 32224.0 א −c) Other Services 280.0 13989.5 14269.5 285.1 14378.4 14663.5 215.1 10732.5 10947.6 222.7 11166.1 11388.8 א א −

During

Total GDP 1.4 2.7 2.2 1.8 3.8 3.1 1.5 4.8 3.7 1.9 2.5 2.3 א א אAgriculture, Forests & Fishing 4.8 3.0 3.0 6.0 3.0 3.0 5.9 3.0 3.0 5.7 3.1 3.1 א א א אExtractions -4.1 -2.8 -3.8 -4.6 -2.6 -4.1 -5.1 -3.4 -4.7 -5.1 -3.6 -4.8 : א א

a) Petroleum 1.9 1.3 1.8 1.8 1.1 1.7 0.8 0.1 0.7 0.2 -1.3 0.0 א א −b) Gas -9.0 -11.6 -9.4 -10.4 -10.6 -10.4 -10.6 -11.8 -10.8 -10.7 -13.7 -11.2 א −c) Other Extractions 3.6 3.5 3.5 2.7 2.0 2.1 2.3 2.0 2.0 3.2 3.0 3.0 א −

Manufacturing Industries 2.7 5.7 4.8 -0.4 4.4 2.9 2.2 7.9 6.1 2.5 -0.3 0.6 : א אa) Petroleum Refining 2.4 3.3 2.4 -3.3 -3.5 -3.3 -1.9 -3.3 -2.0 3.1 -1.0 2.9 א −b) Other Manufacturing 3.9 5.8 5.6 9.1 4.5 5.0 15.5 8.1 8.9 0.8 -0.3 -0.1 א −

Electricity 5.0 3.5 4.8 4.1 3.4 4.0 4.1 3.4 4.0 6.9 5.9 6.8 אWater, Sanitation & Recycling 3.9 1.8 3.7 3.9 2.6 3.8 3.7 2.7 3.6 3.5 3.1 3.4 א א א א אConstruction & Building 7.9 7.3 7.4 16.2 9.0 9.7 15.9 8.8 9.5 11.1 11.1 11.1Transportation & Storage 2.5 5.7 5.1 7.3 4.1 4.7 7.5 4.0 4.6 5.5 4.9 5.0 א אCommunications 4.8 6.5 6.0 3.9 5.2 4.9 8.5 8.5 8.5 7.9 7.9 7.9 אInformation 3.4 3.7 3.7 3.5 3.7 3.7 3.9 4.0 4.0 3.9 4.0 4.0 אSuez Canal 2.2 0.0 2.2 6.7 0.0 6.7 7.2 0.0 7.2 1.9 0.0 1.9 אWholesale & Retail Trade 5.6 5.7 5.7 4.6 3.5 3.5 4.1 3.4 3.5 4.3 4.8 4.8 א אFinancial Intermediaries & Auxiliaries 5.1 5.7 5.3 3.0 3.5 3.2 2.6 3.5 3.0 3.4 4.2 3.7 א א א א Social Insurance & Insurance 5.0 5.1 5.0 3.0 3.5 3.1 3.0 3.6 3.1 3.4 4.2 3.6 א א אTourism -45.8 -44.9 -44.9 20.3 19.5 19.5 27.2 25.7 25.7 -39.0 -22.5 -22.7 אReal Estate 5.4 6.2 6.2 4.1 2.7 2.7 3.6 2.6 2.6 3.4 3.9 3.9 : א א




Source : Ministry of Planning, Monitoring & Administrative Reform. . א א א א א א : א It is worth mentioning that the Ministry of Planning, Monitoring and Administrative Reform revised the GDP volume

estimates in light of the economic census for FY 2012/2013 that was issued by the CAPMAS in Dec.2014 for the first time after a halt

of 15 years. The results of this economic census helped in the inclusion of a larger number of establishments as well as the access to

new and actual sources of data. This, in turn, contributed to improving the estimates of the size of the informal sector. The said results

were used in revising the GDP series for the period 2011/2012- 2014/2015. . * * Preliminary data.

- 127-

א א א א א א א − ٤٢ 42 - GDP at Factor Cost by Economic Activity ( Constant Prices )

( LE mn )

During2014/2015* July/March 2015/2016*

( )

July/March 2014/2015

- 128 -

2013/2014*

Growth Rates (%) in 2013/2014 Growth Rates (%) in July/March 2015/2016 Growth Rates (%) in July/March 2014/2015 Growth Rates (%) in 2014/2015

א א א ،٢٠١٣/٢٠١٢ א א א א א א א א א א א א א א א א، א א א א . ١٥ א ٢٠١٤ א א

א ٢٠١٢/٢٠١١ – ٢٠١٥/٢٠١٤. א א א א א א . א א א


Total GDP 797516.5 1380303.4 2177819.9 868197.9 1590827.4 2459025.3 639296.0 1246176.8 1885472.8 622010.8 1404156.7 2026167.6 א א אAgriculture, Forests & Fishing 169.8 241323.4 241493.2 200.2 274759.3 274959.5 156.7 216203.3 216360.0 183.6 245637.4 245821.0 א א א אExtractions 272462.3 78197.2 350659.5 239905.7 73833.1 313738.8 183487.0 55743.7 239230.7 114673.3 45045.9 159719.2 : א א

a) Petroleum 124816.7 22136.3 146953.0 117166.3 20345.1 137511.4 88393.7 15602.9 103996.6 59140.0 9892.9 69032.9 א א −b) Gas 146171.4 29199.6 175371.0 121072.1 23155.3 144227.4 93859.0 17871.8 111730.8 54140.6 9877.4 64018.0 א −c) Other Extractions 1474.2 26861.3 28335.5 1667.3 30332.7 32000.0 1234.4 22268.9 23503.3 1392.7 25275.6 26668.3 א −


Electricity 29202.5 4771.7 33974.2 33779.5 5436.2 39215.7 25390.6 4043.4 29434.0 29913.9 4682.6 34596.5 אWater, Sanitation & Recycling 11253.1 1348.7 12601.8 12742.5 1504.7 14247.2 9640.4 1133.4 10773.8 10956.6 1287.2 12243.8 א א א א אConstruction & Building 9147.6 85985.3 95132.9 11475.4 106559.6 118035.0 8237.6 77113.2 85350.8 10107.4 95090.5 105197.9Transportation & Storage 16811.3 74318.7 91130.0 19863.3 85609.6 105472.9 14439.0 63444.8 77883.8 16776.3 74478.3 91254.6 א אCommunications 8835.9 21218.2 30054.1 9994.6 23657.7 33652.3 7286.0 29325.9 36611.9 7855.2 31618.0 39473.2 אInformation 469.7 5945.9 6415.6 536.7 6761.3 7298.0 401.2 5075.2 5476.4 456.1 5814.1 6270.2 אSuez Canal 37236.3 0.0 37236.3 41293.4 0.0 41293.4 30153.4 0.0 30153.4 31835.8 0.0 31835.8 אWholesale & Retail Trade 15223.1 258167.5 273390.6 17357.6 300109.0 317466.6 13344.5 234341.4 247685.9 15312.5 273535.7 288848.2 א אFinancial Intermediaries & Auxiliaries 49599.5 32557.9 82157.4 57211.2 37300.1 94511.3 45311.7 29625.9 74937.7 51635.7 33965.4 85601.1 א א א א Social Insurance & Insurance 12247.9 3807.0 16054.9 14357.6 4416.5 18774.1 10684.9 3275.4 13960.3 12203.6 3771.6 15975.2 א א אTourism 475.0 34690.1 35165.1 609.8 44534.6 45144.4 675.0 48820.8 49495.8 466.4 42699.4 43165.8 אReal Estate 2186.1 198492.6 200678.7 2511.5 232538.3 235049.8 1752.4 171103.6 172856.0 1990.7 202059.0 204049.7 : א א




During

Total GDP 16.3 12.9 14.1 8.9 15.3 12.9 6.9 17.3 13.6 -2.7 12.7 7.5 א א אAgriculture, Forests & Fishing 16.8 15.1 15.1 17.9 13.9 13.9 18.3 15.0 15.0 17.2 13.6 13.6 א א א אExtractions 13.8 12.2 13.5 -11.9 -5.6 -10.5 -12.4 -5.8 -11.0 -37.5 -19.2 -33.2 : א א

a) Petroleum 17.9 17.0 17.8 -6.1 -8.1 -6.4 -6.6 -7.0 -6.7 -33.1 -36.6 -33.6 א א −b) Gas 10.5 7.7 10.1 -17.2 -20.7 -17.8 -17.5 -21.3 -18.1 -42.3 -44.7 -42.7 א −c) Other Extractions 13.0 13.4 13.4 13.1 12.9 12.9 12.8 13.0 13.0 12.8 13.5 13.5 א −


Electricity 12.7 11.9 12.6 15.7 13.9 15.4 16.5 14.0 16.1 17.8 15.8 17.5 אWater, Sanitation & Recycling 10.9 11.5 11.0 13.2 11.6 13.1 13.5 11.4 13.3 13.7 13.6 13.6 א א א א אConstruction & Building 15.3 15.3 15.3 25.4 23.9 24.1 27.0 25.0 25.2 22.7 23.3 23.3Transportation & Storage 14.4 16.7 16.3 18.2 15.2 15.7 18.8 17.2 17.5 16.2 17.4 17.2 א אCommunications 11.6 14.1 13.4 13.1 11.5 12.0 7.4 7.3 7.3 7.8 7.8 7.8 אInformation 13.8 13.9 13.9 14.3 13.7 13.8 14.1 14.0 14.0 13.7 14.6 14.5 אSuez Canal 14.9 0.0 14.9 10.9 0.0 10.9 11.2 0.0 11.2 5.6 0.0 5.6 אWholesale & Retail Trade 15.9 15.1 15.2 14.0 16.2 16.1 14.8 17.2 17.1 14.7 16.7 16.6 א אFinancial Intermediaries & Auxiliaries 15.2 14.0 14.7 15.3 14.6 15.0 15.2 14.7 15.0 14.0 14.6 14.2 א א א א Social Insurance & Insurance 14.5 15.8 14.8 17.2 16.0 16.9 18.0 16.4 17.6 14.2 15.1 14.4 א א אTourism -33.2 -34.7 -34.7 28.4 28.4 28.4 35.2 34.7 34.7 -30.9 -12.5 -12.8 אReal Estate 14.0 15.2 15.2 14.9 17.2 17.1 14.6 19.3 19.3 13.6 18.1 18.0 : א א




Source : Ibid. . א א : א It is worth mentioning that the Ministry of Planning, Monitoring and Administrative Reform revised the GDP volume

estimates in light of the economic census for FY 2012/2013 that was issued by the CAPMAS in Dec.2014 for the first time after a halt

of 15 years. The results of this economic census helped in the inclusion of a larger number of establishments as well as the access to

new and actual sources of data. This, in turn, contributed to improving the estimates of the size of the informal sector. The said results

were used in revising the GDP series for the period 2011/2012- 2014/2015.

* Preliminary data. . *

43 - GDP at Factor Cost by Economic Activity (Current Prices)

2014/2015*

( א ) א א א א א א − ٤٣(LE mn )

- 129 -

July/March 2014/2015 July/March 2015/2016*

Growth Rates (%) in July/March 2014/2015 Growth Rates (%) in July/March 2015/2016

( )

Growth Rates (%) in 2013/2014

- 130 -

During

Growth Rates (%) in 2014/2015

2013/2014*

א א ،٢٠١٣/٢٠١٢ א א א א א א א א א א א א א א א א א א א א . ١٥ א ٢٠١٤ א א א

.٢٠١٥/٢٠١٤ – ٢٠١٢/٢٠١١ א א א א א א א . א א א ،

2013/2014* 2014/2015* July /March 2014/2015

July /March 2015/2016* 2013/2014 2014/2015 July March

2014/2015 July /March

2015/2016

1 - GDP at Market Prices (2+5-6) 1729.2 1801.9 1373.5 1431.9 2.2 4.2 4.8 4.3 (٢+٥−٦) א א א ١−א2 -Total Domestic Expenditure (3+4) 1883.6 1959.2 1501.6 1581.5 4.0 4.0 5.7 5.3 (٣+٤) א א −٢3 - Final Consumption 1633.6 1687.7 1305.5 1374.5 4.4 3.3 4.6 5.3 א ٣−א

Final private consumption 1426.2 1465.7 1148.5 1211.9 4.1 2.8 4.1 5.5 א א א Final government consumption 207.4 222.0 157.0 162.6 6.6 7.0 8.7 3.6 א א א

4 - Gross Capital Formation 250.0 271.5 196.1 207.0 1.7 8.6 13.8 5.6 א א ٤−א Investments - - 181.2 195.0 - - 15.0 7.6 א א

Change in stock - - 14.9 12.0 .. .. .. .. א א5 - Exports of Goods and Services 255.6 254.7 191.3 154.1 -11.9 -0.4 0.6 -19.4 א א א ٥−א6 - Imports of Goods and Services 410.0 412.0 319.4 303.7 0.2 0.5 6.6 -4.9 א א א א ٦−א7 - Domestic Resources Gap (5-6) -154.4 -157.3 -128.1 -149.6 (٥−٦) א א א −٧Source: Ibid. . א א : א

2013/2014* 2014/2015* July March 2014/2015

July March 2015/2016* 2013/2014 2014/2015 July /March

2014/2015 July /March

2015/2016

1 - GDP at Market Prices (2+5-6) 2101.9 2429.8+ 1863.6 2052.3 14.0 15.6 16.2 10.1 (٢+٥−٦) א א א ١−א2 - Total Domestic Expenditure (3+4) 2281.5 2634.9 2020.7 2239.7 16.3 15.5 16.8 10.8 (٣+٤) א א −٢3 - Final Consumption 1990.9 2285.7 1768.2 1952.6 17.3 14.8 15.5 10.4 א ٣−א

Final private consumption 1738.5 1998.3 1566.5 1733.0 17.0 14.9 15.4 10.6 א א א Final government consumption 252.4 287.4 201.7 219.6 19.5 13.9 16.1 8.9 א א א

4 - Gross Capital Formation 290.6 349.2 252.5 287.1 9.9 20.2 26.8 13.7 א א ٤−א Investments 265.1 333.7 237.0 271.6 .. 25.9 31.2 14.6 א א

Change in stock 25.5 15.5 15.5 15.5 .. .. .. .. א א5 - Exports of Goods and Services 303.4 320.9 250.6 202.6 -4.2 5.8 12.3 -19.2 א א א ٥−א6 - Imports of Goods and Services 483.0 526.0 407.7 390.0 11.2 8.9 16.7 -4.3 א א א א ٦−א7 - Gross Domestic Saving (1-3) 111.0 144.1 95.4 99.7 -24.2 29.8 31.0 4.5 (١−٣) א א ٧−א8 - Domestic Resources Gap (5-6) -179.6 -205.1 -157.1 -187.4 (٥−٦) א א א −٨Source: Ibid. . א א : א It is worth mentioning that the Ministry of Planning, Monitoring and Administrative Reform revised the GDP volume estimates in light of the economic census for א א א א ،٢٠١٢/٢٠١٣ א א א א א א א א א א א א א א א א FY 2012/2013 that was issued by the CAPMAS in Dec.2014 for the first time after a halt of 15 years. The results of this economic census helped in the inclusion of ، א א א א . ١٥ א ٢٠١٤ a larger number of establishments as well as the access to new and actual sources of data. This, in turn, contributed to improving the estimates of the size of the .٢٠١٥/٢٠١٤ – ٢٠١٢/٢٠١١ א א א א א א א . א א א informal sector. The said results were used in revising the GDP series for the period 2011/2012- 2014/2015 .

* Preliminary data. . *

+ This figure differs from its counterpart contained in the "Economic Indicators" Table, as the latter is the latest aggregate data sent to us by the Ministry of Planning, . א א א א א א א ، א א א א א א א א +

Follow up and Administrative Reform, without any details.

א א א א א − ٤٤

Growth Rates %( LE bn )

44 - GDP by Expenditure ( Constant Prices )

( LE bn )

- 131 -

٤٥ - الناتج المحلى اإلجمالى وأوجه االنفاق عليه باألسعار الجارية

- 132 -

Growth Rates %

45 - GDP by Expenditure ( Current Prices )

א א א א א א א אGovernment

SectorEconomic Authorities

Public Companies

Private Sector

Total Government Sector

Economic Authorities

Public Companies

Private Sector

Total

Total Investments 51095.2 23772.1 25277.1 164946.9 265091.3 61749.8 59727.4 26316.1 185916.0 333709.3 א א Agriculture, Irrigation & Reclamation 3827.9 75.4 0.1 7480.5 11383.9 5067.1 145.8 0.1 8201.0 13414.0 א א א א Crude Oil 0.0 11.4 652.0 1900.0 2563.4 0.0 20205.8 881.4 2504.0 23591.2 א א Natural Gas 0.0 8.8 1266.0 24900.0 26174.8 0.0 2245.0 1944.0 27435.6 31624.6 א א Other Extractions 0.9 0.0 0.0 10800.0 10800.9 0.0 0.0 0.0 13932.1 13932.1 א א Oil refining 0.0 0.0 905.2 0.0 905.2 0.0 0.0 648.9 0.0 648.9 א Other Manufacturing 111.6 37.5 5112.1 35437.0 40698.2 156.0 22.0 6105.1 35795.0 42078.1

Electricity 1180.1 1228.3 9446.9 1500.0 13355.3 1042.5 1727.0 10509.5 1500.0 14779.0 א Water 3474.7 1452.5 0.0 0.0 4927.2 4492.0 1157.2 13.5 0.0 5662.7 א Drainage 5201.3 829.6 0.0 0.0 6030.9 6949.8 913.7 0.0 0.0 7863.5 א א Construction & Building 49.7 0.0 756.1 1840.0 2645.8 231.2 10.0 870.0 2800.0 3911.2 א א Transportation & Storage 9884.7 3455.2 4310.8 10202.0 27852.7 12448.6 4363.4 4034.8 13558.0 34404.8 א א Communications 252.0 91.6 0.0 15769.4 16113.0 261.7 171.0 0.0 13124.8 13557.5 א Information 208.8 266.6 0.0 4998.0 5473.4 231.8 235.0 2.0 4924.9 5393.7 א Suez Canal 0.0 396.0 0.0 0.0 396.0 0.0 27468.0 0.0 0.0 27468.0 א Wholesale & Retail Trade 0.9 114.5 514.3 7700.0 8329.7 0.0 96.3 184.7 13500.0 13781.0 א א Financial Intermediation, Insurance and Social Solidarity 32.1 94.3 915.4 0.0 1041.8 25.0 5.5 729.4 0.0 759.9 א א א א א Tourism 9.5 22.5 1300.0 2100.0 3432.0 22.8 24.5 270.0 1760.0 2077.3 א Real Estate 3475.4 308.5 0.0 28120.0 31903.9 7191.8 198.2 0.0 30900.0 38290.0 א א Educational Services 3723.9 38.3 0.0 4000.0 7762.2 8066.4 152.4 0.0 4975.6 13194.4 א Health Services 2247.5 247.2 0.0 3000.0 5494.7 3129.9 270.1 0.0 3950.0 7350.0 א א Others Services 8364.2 93.9 98.2 5200.0 13756.3 12433.2 316.5 122.7 7055.0 19927.4

Settlements 9050.0 15000.0 0.0 0.0 24050.0 0.0 0.0 0.0 0.0 0.0

א א א א א א א אGovernment

SectorEconomic Authorities

Public Companies

Private Sector

Total Government Sector

Economic Authorities

Public Companies

Private Sector

Total

Total Investments 37269.4 30370.5 20717.5 148689.7 237047.1 39897.2 27393.7 24839.6 179400.0 271530.5 א א Agriculture, Irrigation & Reclamation 3423.8 107.7 0.1 5771.0 9302.6 3731.4 77.5 0.4 6960.0 10769.3 א א א א Crude Oil 0.0 12002.0 767.5 2000.0 14769.5 0.0 3.8 1288.7 1921.0 3213.5 א א Natural Gas 0.0 1224.7 1644.0 26051.1 28919.8 0.0 5.2 2293.0 27740.0 30038.2 א א Other Extractions 0.0 0.0 0.0 11832.1 11832.1 0.0 0.0 0.0 11296.0 11296.0 א א Oil refining 0.0 0.0 429.3 0.0 429.3 0.0 0.0 453.1 0.0 453.1 א Other Manufacturing 66.8 5.1 5545.0 29235.0 34851.9 79.3 7.0 5181.1 36400.0 41667.4

Electricity 562.7 890.8 7900.1 1250.0 10603.6 561.0 1267.5 7859.9 1000.0 10688.4 א Water 1784.1 954.5 9.1 0.0 2747.7 2056.9 1479.4 0.0 0.0 3536.3 א Drainage 4028.3 705.7 0.0 0.0 4734.0 3412.4 909.9 0.0 0.0 4322.3 א א Construction & Building 28.8 5.0 562.0 2050.0 2645.8 155.0 2.1 4313.5 6500.0 10970.6 א א Transportation & Storage 6708.5 2618.2 2789.4 9382.0 21498.1 11636.9 4624.3 3093.0 9900.0 29254.2 א א Communications 96.7 102.3 0.0 9522.2 9721.2 264.0 74.0 0.0 12370.0 12708.0 א Information 78.1 134.4 2.0 3595.1 3809.6 81.0 50.8 0.0 5600.0 5731.8 א Suez Canal 0.0 11021.0 0.0 0.0 11021.0 0.0 17898.0 0.0 0.0 17898.0 א Wholesale & Retail Trade 0.0 61.9 76.9 10920.0 11058.8 0.0 4.6 206.6 11500.0 11711.2 א א Financial Intermediation, Insurance and Social Solidarity 16.2 0.1 657.7 0.0 674.0 18.4 0.2 0.3 0.0 18.9 א א א א א Tourism 15.7 6.2 270.0 1760.0 2051.9 8.1 15.8 150.0 2500.0 2673.9 א Real Estate 4306.1 112.2 0.0 24236.8 28655.1 3519.4 261.4 0.0 31713.0 35493.8 א א Educational Services 3134.0 103.0 0.0 3905.0 7142.0 4769.1 231.4 0.0 3900.0 8900.5 א Health Services 2433.4 172.9 0.0 3378.0 5984.3 2236.4 179.6 0.0 3200.0 5616.0 א א Others Services 10586.2 142.8 64.4 3801.4 14594.8 7367.9 301.2 0.0 6900.0 14569.1

Settlements 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Source : Ibid. . א א : א* Revised actual figures. . *

** Preliminary figures. . **

- 133-

( )

During

During

2013/2014* 2014/2015*

א א א − ٤٦

- 134 -

46 - Implemented Investments (LE mn)

July /March 2014/2015** July /March 2015/2016**


Total Domestic Production 810658.1 1594172.4 2404830.5 817541.8 1634272.2 2451814.0 202194.4 420636.3 622830.7 203837.9 461580.7 665418.6 א א אAgriculture, Forests & Fishing 48.8 278832.8 278881.6 50.7 286342.6 286393.3 10.5 90046.6 90057.1 11.1 92047.9 92059.0 א א א אExtractions 225383.1 47678.5 273061.6 213164.7 44479.0 257643.7 54876.2 12030.8 66906.9 50378.8 10978.1 61356.9 א א a) Petroleum 98794.4 16591.0 115385.4 99372.6 16775.2 116147.8 25534.7 4121.0 29655.7 25330.4 3928.7 29259.1 − b) Gas 124909.5 23700.0 148609.5 112069.5 20126.0 132195.5 28910.7 6143.0 35053.7 24603.0 5227.8 29830.8 − c) Other Extractions 1679.2 7387.5 9066.7 1722.6 7577.8 9300.4 430.8 1766.8 2197.6 445.4 1821.6 2267.0 −Manufacturing Industries 123874.6 529664.0 653538.6 127472.4 564949.8 692422.2 30583.1 133066.0 163649.1 31851.1 159813.7 191664.8 א א a) Petroleum Refining 53160.6 26728.0 79888.6 51502.1 26460.4 77962.5 12561.0 6655.0 19216.0 11347.7 5715.3 17063.0 א − b) Other Manufacturing 70714.0 502936.0 573650.0 75970.3 538489.4 614459.7 18022.1 126411.0 144433.1 20503.4 154098.4 174601.8 −Electricity 27527.6 7019.0 34546.6 28184.5 7109.9 35294.4 7478.8 1562.8 9041.6 7822.8 1531.5 9354.3 אWater 6188.2 0.0 6188.2 6423.0 0.0 6423.0 1563.8 0.0 1563.8 1610.7 0.0 1610.7 אSanitation 1530.6 0.0 1530.6 1584.9 0.0 1584.9 388.3 0.0 388.3 399.9 0.0 399.9 א אConstruction & Building 17861.1 144262.8 162123.9 18783.8 150714.5 169498.3 4248.9 32788.4 37037.3 4646.5 35475.4 40121.9 א אTransportation & Storage 31976.0 64404.6 96380.6 32977.0 66438.9 99415.9 5010.4 20935.4 25945.8 5185.8 21772.8 26958.6 א אCommunications 20474.6 39370.6 59845.2 21133.9 41716.3 62850.2 5298.7 9339.1 14637.8 5531.8 9731.3 15263.1 אInformation 2728.3 2739.7 5468.0 2818.8 2834.0 5652.8 798.9 788.1 1586.9 833.3 824.4 1657.7 אSuez Canal 30635.9 0.0 30635.9 31389.0 0.0 31389.0 8099.1 0.0 8099.1 8828.0 0.0 8828.0 אWholesale & Retail Trade 8449.7 224646.0 233095.7 8660.0 231284.8 239944.8 3015.8 59629.7 62645.5 3104.5 61058.9 64163.4 א אFinance 41687.3 20888.5 62575.8 42745.1 21561.7 64306.8 11853.9 6372.0 18225.9 12150.2 6563.2 18713.4 אInsurance 4673.8 2008.7 6682.5 4785.8 2064.0 6849.8 1141.9 489.7 1631.7 1180.7 506.8 1687.5 אSocial Insurance 50823.4 0.0 50823.4 52509.8 0.0 52509.8 12895.3 0.0 12895.3 13245.1 0.0 13245.1 א אTourism 860.9 90405.9 91266.8 745.4 65113.0 65858.4 207.8 16130.6 16338.4 221.5 22776.7 22998.2 אReal Estate 1705.6 40105.6 41811.2 1818.0 42994.3 44812.3 302.2 9855.0 10157.2 310.9 10248.3 10559.2 א א a) Real Estate Ownership 654.2 21477.6 22131.8 711.6 23311.2 24022.8 152.4 4897.7 5050.1 156.3 5167.1 5323.4 א א − b) Business Services 1051.4 18628.0 19679.4 1106.4 19683.1 20789.5 149.9 4957.3 5107.2 154.6 5081.2 5235.8 א −General Government 209436.6 0.0 209436.6 217363.4 0.0 217363.4 53284.4 0.0 53284.4 55355.8 0.0 55355.8 א אSocial Services 4792.0 102145.7 106937.7 4931.6 106669.4 111601.0 1136.3 27602.2 28738.5 1169.4 28251.7 29421.1 א א a) Education 0.0 23363.8 23363.8 0.0 24322.0 24322.0 0.0 6219.3 6219.3 0.0 6387.2 6387.2 א − b) Health 4682.6 34362.7 39045.3 4816.8 35809.7 40626.5 1103.8 9415.7 10519.5 1135.7 9698.2 10833.9 א − c) Other Services** 109.4 44419.2 44528.6 114.8 46537.7 46652.5 32.5 11967.1 11999.6 33.7 12166.3 12200.0 א א −

Total Domestic Production 896565.6 1722148.2 2618713.8 1022464.2 1950678.7 2973142.9 262612.7 504568.8 767181.5 286179.2 608354.4 894533.6 א א אAgriculture, Forests & Fishing 53.1 302426.3 302479.4 61.7 341675.1 341736.8 13.2 109141.9 109155.1 15.2 125749.8 125765.0 א א א אExtractions 258918.4 54200.3 313118.7 294472.3 60150.6 354622.9 79942.2 17519.3 97461.5 70737.1 15679.0 86416.1 א א a) Petroleum 113962.5 19051.8 133014.3 133890.4 22382.8 156273.2 36119.6 5943.0 42062.6 35411.0 5881.9 41292.9 − b) Gas 143156.5 27185.0 170341.5 158561.4 28890.5 187451.9 43327.3 9485.0 52812.3 34765.1 7410.9 42176.0 − c) Other Extractions 1799.4 7963.5 9762.9 2020.5 8877.3 10897.8 495.3 2091.3 2586.6 561.0 2386.2 2947.2 −Manufacturing Industries 136465.9 570969.6 707435.5 158886.7 679591.8 838478.5 39194.0 158631.0 197825.0 45139.1 203987.9 249127.0 א א a) Petroleum Refining 61077.5 29146.0 90223.5 70466.6 34678.5 105145.1 18103.0 7819.0 25922.0 17596.1 7420.2 25016.3 א − b) Other Manufacturing 75388.4 541823.6 617212.0 88420.1 644913.3 733333.4 21091.0 150812.0 171903.0 27543.0 196567.7 224110.7 −Electricity 29196.2 7700.9 36897.1 32936.8 8508.3 41445.1 8305.0 2042.0 10347.0 9974.3 2164.5 12138.8 אWater 6553.8 0.0 6553.8 7312.6 0.0 7312.6 1789.6 0.0 1789.6 2040.1 0.0 2040.1 אSanitation 1623.3 0.0 1623.3 1801.8 0.0 1801.8 443.6 0.0 443.6 505.7 0.0 505.7 א אConstruction & Building 19335.1 156298.3 175633.4 22042.4 179990.2 202032.6 5128.0 40244.3 45372.3 6179.2 48776.1 54955.3 א אTransportation & Storage 34650.2 69493.8 104144.0 39054.0 77995.7 117049.7 5908.5 24353.5 30262.0 6918.9 28025.7 34944.6 א אCommunications 21422.3 39514.2 60936.5 23099.2 43179.3 66278.5 5837.5 9466.3 15303.8 6380.4 10223.6 16604.0 אInformation 2895.4 2913.2 5808.6 3244.1 3252.9 6497.0 931.6 906.7 1838.2 1075.9 1046.3 2122.2 אSuez Canal 33167.8 0.0 33167.8 37812.5 0.0 37812.5 9463.7 0.0 9463.7 10835.9 0.0 10835.9 אWholesale & Retail Trade 9052.4 241855.4 250907.8 10187.1 272336.5 282523.6 3523.2 70502.7 74025.8 4196.1 81783.1 85979.2 א אFinance 44879.4 22329.9 67209.3 50302.2 25405.5 75707.7 13796.9 7462.7 21259.6 15838.8 8731.4 24570.2 אInsurance 5030.0 2154.0 7184.0 5668.5 2436.8 8105.3 1343.7 566.3 1910.1 1560.0 646.1 2206.1 א Social Insurance 54691.0 0.0 54691.0 61807.8 0.0 61807.8 15145.6 0.0 15145.6 17953.4 0.0 17953.4 א אTourism 940.6 97964.4 98905.0 885.7 78538.7 79424.4 250.7 19634.1 19884.9 304.8 30079.8 30384.6 אReal Estate 1836.5 44230.7 46067.2 2141.8 51655.9 53797.7 370.8 11908.1 12279.0 438.2 14359.2 14797.4 א א a) Real Estate Ownership 698.4 24082.5 24780.9 799.4 28452.4 29251.8 190.7 6003.6 6194.3 232.7 7557.3 7790.0 א א − b) Business Services 1138.1 20148.2 21286.3 1342.4 23203.5 24545.9 180.1 5904.5 6084.6 205.5 6801.9 7007.4 א −General Government 230634.3 0.0 230634.3 264846.1 0.0 264846.1 69891.0 0.0 69891.0 84546.6 0.0 84546.6 א אSocial Services 5219.9 110097.2 115317.1 5900.9 125961.4 131862.3 1333.7 32189.9 33523.6 1539.5 37101.9 38641.4 א א a) Education 0.0 25212.9 25212.9 0.0 29039.2 29039.2 0.0 7297.0 7297.0 0.0 8376.9 8376.9 א − b) Health 5098.9 37088.5 42187.4 5763.7 42232.0 47995.7 1294.2 10926.5 12220.8 1494.8 12663.8 14158.6 א − c) Other Services** 121.0 47795.8 47916.8 137.2 54690.2 54827.4 39.5 13966.3 14005.8 44.7 16061.2 16105.9 א א −Source : Ibid . . א א : א * At 2011/2012 prices instead of 2006/2007 prices, effective July/Sept. 2012. .٢٠١٢ / א א א ،٢٠٠٧/٢٠٠٦ ٢٠١٢/٢٠١١ *

48 - Total Domestic Production by Economic Activity (Current Prices)

July/Sep. 2013/2014 July/Sep. 2014/20152013/2014Duringخالل

א * א א א א − ٤٧

( LE mn ) ( )

47- Total Domestic Production by Economic Activity ( Constant Prices )*

- 135 - - 136 -

2012/2013

א א א א ٤٨−א

א א א א א א א אUnit ( ) א א ( א ) ( ) א א ( א ) ( ) ( ) ( א / ) ( א ) ( ) ( ) ( א / ) ( א )

Measuring Production Average Area Production Average Area (Thousand (Thousand Average Area (Thousand (Thousand Average Area(Thousand Productivity (Thousand (Thousand Productivity (Thousand Tons) Ardeb) Productivity (Thousand Tons) Ardeb) Productivity (Thousand א

Tons) Per Feddans) Tons) Per Feddans) (Ardeb/Ton Per Feddans) (Ardeb/Ton Per Feddans)Feddan Feddan Feddan) Feddan)

Wheat Ardeb 7169 15.92 3001 8367 18.300 3048 8458 56385 18.720 3182 9598 63985 19.100 3350 א

Barley Ardeb 117 11.08 88 122 12.020 85 283 2356 12.020 196 277 2309 12.900 179 א

Maize Summer Crops Ardeb 5365 22.66 1691 5365 22.671 1690 6217 44408 24.148 1839 7830 5593 23.800 2350 א א

Nile Crops Ardeb 804 20.66 278 734 19.204 273 678 4841 19.210 252 1005 7175 20.500 350

Millet Summer Crops Ardeb 774 16.610 333 691 15.002 329 751 5364 15.916 337 841 6005 16.100 373 א א

Nile Crops Ardeb 7 16.92 3 10 14.285 5 6 44 14.670 3 14 103 14.750 7

Beans Ardeb 232 8.15 184 175+ 8.553 132 349 2252 17.190 131 328 2115 9.400 225 א

Lentils Ardeb 2 4.14 3 2 4.166 3 1 6 5.980 1 7 45 5.600 8 א

Groundnuts Ardeb 203 17.02 159 203 17.023 159 205 2739 18.383 149 248 3307 20.670 160 א א א

Sesame Ardeb 46 4.38 88 46 4.356 88 33 273 4.550 60 38 315 4.850 65 א

Rice ton 4330 3.958 1094 4329 3.953 1095 5912 - 4.003 1477 5125 - 4.100 1250 א

Flax ton 34 4.25 8 34 4.250 8 78 - 5.200 15 62 - 5.160 12 ( )

Soybeans ton 43 1.195 36 43 1.194 36 26 - 1.530 17 35 - 1.400 25 א

Sunflower ton 37 1.06 35 37 1.088 34 20 - 1.112 18 25 - 1.163 22 א

Sugar cane ton 15482 48.84 317 15709 48.937 321 1555 - 47.699 326 15900 - 49.688 320 א

Sugar beet ton 7840 20.31 386 7486 20.680 362 7013 - 20.687 339 9920 - 22.805 435 א

Vegetables ton 17510 11.705 1496 21514 11.305 1903 22548 - 10.893 2070 21956 - 10.556 2080 א

Onion ton 2246 (1) 13.811 134 2590 (2) 14.260 172 1964 (3) - 12.831 142 2960 (4) - 17.515 169 א

Fruits ton 10073 .. 1511 8370 6.082 1376 9518 - 6.173 1542 9546 - 6.360 1501 א א

Cotton (seeds) mc* 281 6.290 284 431 7.395 370 - 1865 * 5.600 333 533 3383 * 8.250 410 ( ) א

Source : Ibid. . א א : א

(1) Including 250 thousand tons of interplanted winter onions and 200 thousand tons of interplanted

seasonal onions.

(2) 135 thousand tons of interplanted winter onions and 12.3 thousand tons of interplanted seasonal onions.

(3) 150 thousand tons of interplanted winter onions and 23 thousand tons of interplanted seasonal onions.

* mc:- Metric Cantar - 137 -

Production א 2012/2013(Provisional)

- 138 -

א א א

2011/2012 2009/2010

. ٣ +

. א א ٢٠، ١٣٥ (٤)

Crops

(4) 135 thousand tons of interplanted winter onions and 20 thousand tons of interplanted seasonal onions .

2010/2011

+ 3 thousand ardeb of interplanted local beans.. א ٢٠٠ ، ٢٥٠ (١)

. * (ق م) :

. א ١٢٫٣ ، ١٣٥ (٢)

49 - Output of Main Crops ٤٩ - اإلنتاج الكمى ألھم الحاصالت الزراعية

Production א

. א א ٢٣ ، (٣)١٥٠

)م.ق( )م.ق(

Unit א א א א الوحدة אPublic Private Total Public Private Total Public Private Total Public Private Total

Refined sugar thousand tons 1358.4 699.4 2057.8 .. .. 2160.7 1297.2 864.8 2162.0 952.9 1263.1 2216.0

Animal & poultry fodder thousand tons 617.0 12762.1 13379.1 .. .. 14048.0 8433.0 5622.0 14055.0 6194.7 8211.6 14406.3 א א Carbonated drinks box (million) 0.0 432.0 432.0 .. .. 453.6 271.8 181.2 453.0 199.6 264.6 464.2

Cigarettes billion 77.7 14.4 92.1 .. .. 96.7 58.2 38.8 97.0 42.7 56.6 99.3

Cotton yarn, fibran thousand tons 84.3 236.2 320.5 .. .. 336.5 201.6 134.4 336.0 148.0 196.3 344.3 א Wool yarn thousand tons 7.0 28.0 35.0 .. .. 36.5 9.4 26.6 36.0 10.5 28.0 38.5

Silk yarn thousand tons 0.7 22.4 23.1 .. .. 24.3 22.0 14.7 36.7 16.1 21.4 37.5

Synthetic fibres thousand tons 3.3 105.9 109.2 .. .. 114.7 68.4 45.6 114.0 50.2 66.6 116.8

Blankets piece (million) 1.4 21.5 22.9 .. .. 24.0 14.4 9.6 24.0 10.5 14.0 24.5

Ready-made clothes piece (million) 12.9 311.5 324.4 .. .. 340.6 258.0 172.0 430.0 189.5 251.2 440.7

Cars units 9415.0 34212.0 43627.0 .. .. 45808.0 2727.6 1818.4 4546.0 2003.0 2656.0 4659.0 א Buses units 341.0 7220.0 7561.0 .. .. 7939.0 4765.2 3176.8 7942.0 3500.0 4640.0 8140.0

Lorries units 678.0 27700.0 28378.0 .. .. 29796.0 1788.6 1192.4 2981.0 1313.0 1741.0 3054.0 א Washing machines thousand 7.0 1121.7 1128.7 .. .. 1185.1 711.0 474.0 1185.0 522.2 692.3 1214.5

Refrigerators thousand 6.8 1125.4 1132.2 .. .. 1188.8 713.4 475.6 1189.0 524.0 694.6 1218.6

Electric lamps million 33.0 207.0 240.0 .. .. 252.0 36.0 211.0 247.0 39.0 213.0 252.0

Butagas heaters thousand 98.0 240.0 338.0 .. .. 354.9 150.0 100.0 250.0 110.0 146.0 256.0

Water metres thousand 615.0 0.0 615.0 .. .. 645.7 646.0 0.0 646.0 662.1 0.0 662.1 א א א Electric metres thousand 985.0 0.0 985.0 .. .. 1034.2 1034.0 0.0 1034.0 1059.8 0.0 1059.8 א א א Aluminium & sheets thereof thousand tons 320.5 0.0 320.5 .. .. 336.5 355.0 0.0 355.0 156.4 207.4 363.8 א Reinforcement steel thousand tons 133.7 5550.6 5684.3 .. .. 5968.5 3583.2 2388.8 5972.0 2632.0 3489.0 6121.0 א Cement thousand tons 3701.2 40183.2 43884.4 .. .. 46078.6 27663.0 18442.0 46105.0 20320.0 26936.0 47256.0 א Glass sheets thousand tons 35.3 170.9 206.2 .. .. 216.5 129.6 86.4 216.0 95.0 126.0 221.0

Phosphatic fertilizers thousand tons 604.0 1006.4 1610.4 .. .. 1690.9 1014.6 676.4 1691.0 745.3 987.9 1733.2

Azotic fertilizers thousand tons 501.6 12675.0 13176.6 .. .. 13835.4 8305.8 5537.2 13843.0 6101.3 8087.7 14189.0

Caustic soda thousand tons 157.5 0.0 157.5 .. .. 165.4 164.0 0.0 164.0 168.0 0.0 168.0 א Tyres thousand 768.6 5377.2 6145.8 .. .. 6453.1 3873.0 2582.0 6455.0 2845.0 3771.0 6616.0 א Laundry soap thousand tons 55.0 405.8 460.8 .. .. 483.8 288.0 192.0 480.0 211.6 280.4 492.0

Toilet soap thousand tons 41.2 172.0 213.2 .. .. 223.8 133.8 89.2 223.0 98.3 130.3 228.6 אSource : Ibid. . א א : א.. Not available. . א ..

2010/2011 2012/2013

א א א א − ٥٠

- 139 -

50- Output of Main Industrial Products

- 140 -

2011/2012

Products

2013/2014

אJan. Feb. Mar. Apr. May June July

Total Generated and Purchased Power 145481 156328 163374 166679 173671 14173 13203 14076 14408 15936 17583 18318 א א א אGenerated Power 131365 142210 148417 151835 158697 12983 12373 12960 13133 14708 16217 16966 א א Purchased Power 14116 14118 14957 14844 14974 1190 830 1116 1275 1228 1366 1352 א א א

Industrial Companies 29 29 31 60 32 4 5 3 4 3 5 4 א אNew and renewable ( Winds + solar energy ) 1561 2004 1498 1449 1444 141 104 183 197 224 232 265 ( א + א ) א אBOOT 12526 12085 13428 13335 13498 1045 721 930 1074 1001 1129 1083 BOOT

Total Uses 126822 135783 140869 143606 147049 12035 11580 12312 12526 13597 14981 13907 א אIndustrial 40727 42173 42725 41743 38247 3159 2983 3224 3183 3331 3267 3364 אBusiness 3446 3726 3964 4990 7693 623 575 588 633 645 776 690 אHousehold 51292 56478 59838 61897 64735 5569 5402 5797 6024 6565 7644 6525 אOther 29633 31537 33682 34325 35415 2569 2531 2588 2597 2983 3226 3273

Power Sold to : 1724 1869 660 651 959 115 89 115 89 73 68 55 :- International Electrical Interconnection Countries 1721 1864 656 647 א א −- Private sector (BOOT) 3 5 4 4 ( BOOT ) א א −

Source : Egyptian Electricity Holding Company. . א א : א

אJan. Feb. Mar. Apr. May June July

Production : אCement ( grey - white ) 47251 50935 45984 46855 47412 5115 4129 4182 3995 4413 3273 1041 ( )Clinker (grey)* 43612 .. .. .. .. .. .. .. .. .. .. .. *Domestic Deliveries (total sales) : ( א ) א אCement ( grey - white ) 46823 49239 44606 46308 46782 5600 4227 4114 3907 4439 3190 1113 ( )Imports** 1222 .. .. .. .. .. .. .. .. .. .. .. ** א אDomestic Consumption (Domestic Deliveries + Imports) 48045 .. .. .. .. .. .. .. .. .. .. .. ( א +א ) א אExports: .. .. .. .. .. .. .. : א אCement ( grey - white ) 507 .. .. .. .. .. .. .. .. .. .. .. ( )Clinker ( grey - white ) 135 .. .. .. .. .. .. .. .. .. .. ..

Consumer Average Prices (LE / ton) 790.9 790.9 795.5 793.0 790.4 787.4 787.4 ( / ) אSource: Ministry of Investment, As of May 2012, data comes from the Ministry of Supply and Internal Trade. Total cement output and sales are . א א א ، א א א א א ٢٠١٢ א א ، א א : א represented in grey only. . א א ٪٧٥ ( ٪١٥ ، ٪٨٥ ) א א *

* A semi-finished product used in cement manufacturing (85% limestone and 15% silt) representing 75% of production stages and cost. .٢٠٠٩ א א א **

** Import started in April 2009. . א .... Not available.

51 - Production & Consumption of Electricity

2010/2011

٥١ - إنتاج واستھالك الكھرباء( . . : א )

During

( Quantity : M.Kilo Watt/Hour )

2014/20152011/2012

2016

- 141 - - 142 -

2010/2011 2011/2012

( Thousand Tons )

2013/2014

2016

2012/2013 2014/2015

115 89

2013/20142012/2013

115 89 73 68 55

During

959

( )

52 - Production, Local Deliveries and Exports of Cement (All Types) ٥٢ - اإلنتاج والتسليمات المحلية والتصدير من األسمنت بأنواعه

( / ) ( / ) ( / ) ( / ) ( / ) ( / )

Production Sales Average Price (LE/ ton) Production Sales Average Price

(LE/ ton) Production Sales Average Price (LE/ ton) Production Sales Average Price

(LE/ ton) Production Sales Average Price (LE/ ton) Production Sales Average Price

(LE/ ton)

January 476.6 617.6 4558.0 593.4 448.7 4795.6 794.8 825.8 4650.7 572.4 546.4 5088.0 600.4 614.6 4836.6 528.3 617.6 4486.0

February 454.7 315.6 4552.2 693.4 639.5 4714.0 564.2 502.0 5136.6 665.7 551.0 5061.7 533.2 705.5 4833.4 505.5 696.4 4550.0 א

March 424.9 509.2 4492.0 546.0 563.0 4714.0 592.7 468.7 5175.7 640.9 630.3 4952.3 692.3 792.9 4830.3 723.4 708.4 4974.5

April 421.4 446.4 4587.6 510.2 555.7 4721.8 726.1 671.5 5268.0 774.8 682.7 5057.0 626.5 579.4 4864.7 546.8 470.2 5061.0

May 460.2 493.6 4597.2 581.2 514.3 4520.0 551.4 484.3 5242.6 560.9 478.8 5016.8 587.3 519.8 4871.0 753.7 445.8 5985.0

June 606.8 513.5 5011.5 758.6 552.8 4584.3 596.6 562.4 5126.1 605.6 665.3 4978.7 712.9 689.9 4825.1 533.4 434.1 5466.0

July 484.4 473.7 4899.8 507.3 525.5 4464.4 619.7 827.2 5154.4 552.8 588.8 4956.3 489.4 481.0 4812.0 488.3 601.3 5447.5

August 540.7 392.4 5101.8 569.4 444.5 4675.7 390.4 436.2 4968.6 657.6 597.9 5155.7 505.8 526.0 4792.4

September 550.5 525.5 4804.0 540.0 465.3 4442.7 669.8 736.0 4931.7 495.0 411.9 5096.9 513.5 578.1 4789.5

October 530.2 464.0 4956.8 635.3 595.6 4227.8 497.7 512.8 4927.5 485.4 495.7 5089.7 363.6 513.7 4768.8

November 658.6 554.5 4654.9 583.5 753.2 4210.0 575.6 604.7 4976.4 560.5 510.6 5093.2 574.5 533.5 4894.9

December 571.1 713.1 4641.2 612.5 659.7 4359.0 774.8 648.3 5119.0 714.6 705.5 4951.9 787.0 559.9 4774.0

Source : The Ministry of Investment. As of January 2009, the source of data has been the Ministry of Trade and Industry, and as of May 2012,

- 144 - - 143 -

53 -Total Reinforcement Steel Production, Sales and Domestic Prices by Main Egyptian Companies א א א א א א א −٥٣

. א א א א א ٢٠١٢ א א ، א א א ٢٠٠٩ א א א ، א א : א

( )

Month

it has become the Ministry of Supply and Internal Trade .

( thousand tons )

א2013 2014 20162011 2012 2015

2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 א

Nov. Dec. Jan. Feb. Mar. Apr. May June July

Number of Tourist Arrivals 11931 10953 12213 7968 10243 559 440 364 347 441 425 432 329 529 א א - European Countries 8791 8101 8925 6059 7745 383 232 182 173 220 205 174 149 219 א א − - Middle East Countries 1636 1739 2094 1071 1427 96 116 104 93 125 118 140 74 197 א א − - African Countries 482 434 438 365 413 32 32 27 27 36 42 54 56 48 א א − - Americas 436 283 288 211 275 19 25 19 17 23 21 25 25 32 א − - Asia & the Pacific 560 374 441 243 356 28 34 31 36 36 38 38 24 32 א − - Other Countries 26 22 27 19 27 1 1 1 1 1 1 1 1 1 −

Number of Tourist Nights 124571 131769 142432 72919 99246 4989 2400 2564 1826 2474 2419 2463 1764 2619 א א - European Countries 83934 86805 97827 51562 76358 3650 1302 1244 854 1174 1189 958 721 1005 א א − - Middle East Countries 23737 30121 31615 14560 15366 794 631 854 565 850 738 889 548 1001 א א − - African Countries 5920 6289 5277 3167 3001 210 169 156 133 155 187 287 262 327 א א − - Americas 5581 4337 3662 1931 2453 162 151 146 98 132 120 124 91 162 א − - Asia & the Pacific 5136 3893 3893 1613 1978 169 144 162 174 161 181 202 139 122 א − - Other Countries 263 324 158 86 90 4 3 2 2 2 4 3 3 2 −

Average Stay (Night) 10.4 12.0 12.3 9.0 9.3 7.4 6.2 6.2 5.5 6.1 5.9 6.0 5.4 5.8 ( ) א

Source: Central Agency for Public Mobilization and Statistics (CAPMAS) and Ministry of Tourism.

- 146 -

2015 2016

54 - Number of Tourists & Nights Spent

During

- 145 -

. א א ، א א א א : א

א א − ٥٤

(Thousand) ( )

- 147-- 148 -

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Nov

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May

Jun.

Jul.

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-16

CPI Inflation PPI Inflation Core Inflation

٪

المنتجين، ، واألرقام القياسية ألسعار)حضر(السنوى وفقاً لكل من األرقام القياسية ألسعار المستھلكين العام معدل التضخموكذا معدل التضخم األساسى

Annual Headline CPI, PPI and Core Inflation

12.0

12.7

13.2

13.0

12.812.7

12.8 12.812.7

12.5

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

11

12

12

12

12

12

13

13

13

13

13

2011 2012 2013 2014 Jan./Mar.2015

Apr./June2015

July/Sept.2015

Oct./Dec.2015

Jan./Mar.2016

Apr./June2016

ونتغلمشوال

ل عم الوةق

%

الةبط الدلمع

%

)Unemployment Rate( معدل البطالة )Labor force( قوة العمل )Employment( المشتغلون

)كل من قوة العمل، المشتغلين، ومعدل البطالةلعلى أساس سنوىمعدالت النمو (مؤشرات سوق العمل Labor Market Indicators (Growth Rates on Annual Basis for Labor Force & Employment; and

Unemployment Rate)

5.1

1.92.2 2.1 2.2

3.1 3.12.7

2.3

0.0

1.0

2.0

3.0

4.0

5.0

6.0

2009/2010 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 July/Sept.2015/2016

July/Dec.2015/2016

July/March2015/2016

معدل النمو الحقيقى للناتج المحلى اإلجمالى بتكلفة عوامل اإلنتاج Real GDP Growth Rate at Factor Cost%

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

0

100

200

300

400

500

600

700

800

900

1000

1100

1200

Jul-1

4

Aug

.

Sept

.

Oct

.

Nov

.

Dec

.

Jan.

-15

Feb

.

Mar

ch

Apr

il

May

June

July

Aug

.

Sept

.

Oct

.

Nov

.

Dec

.

Jan.

-16

Feb.

Mar

.

Apr

.

May

Jun.

Jul-1

6

Nightsالليالى السياحية Arrivals السائحين القادمين

عدد السائحين القادمين وعدد الليالى السياحية Tourist Arrivals and Nights

Arrivals(Thousand)

Nights (Thousand)

- 149 -- 150 -

4000.0

4400.0

4800.0

5200.0

5600.0

6000.0

6400.0

6800.0

7200.0

7600.0

8000.0

0.0

100.0

200.0

300.0

400.0

500.0

600.0

700.0

800.0

900.0

June2015

July Aug. Sept. Oct. Nov. Dec. Jan.2016

Feb March April May June July

االنتاجProduction

المبيعات Sales

االسعار Prices

إجمالي االنتاج والمبيعات ومتوسط أسعار المستھلك لحديد التسليح ألھم الشركات المصريةTotal Reinforcment Steel Production,Sales by Main Egyptian Companies &

Consumer Average Price)بااللف طن(

(Thousand Ton))طن/ جنيه (

(LE/ ton)

8000

10000

12000

14000

16000

18000

20000

اجمالى الطاقة المولدة والمشتراة Total Generated and Purchased Power

الطاقة المستخدمةTotal Power Uses

إنتاج وإستھالك الكھرباءProduction & Consumption of Electricity

)..:א(( Quantity : M.Kilo Watt / Hour )

الصناعيةIndustrial 24.2%

التجاريةBusiness 5.0%

المنزليةHousehold 46.9%

وطاقة مباعة ، أخرىOthers & sold Power

23.9%

٢٠١٦استخدامات الكھرباء لألغراض الصناعية والمنزلية والتجارية وأخري خالل شھر يوليو Electricity for Industrial, Business, Household and Other Purposes in July 2016

400

450

500

550

600

650

700

750

800

850

1000

2000

3000

4000

5000

6000

االنتاج من االسمنتProduction

)المبيعات(التسليمات Sales

متوسط اسعار المستھلكCounsumer Average Price

)بالمليون طن((Thousand Ton)

)طن/ جنيه ((LE/ ton)

اإلنتاج والمبيعات ومتوسط اسعار المستھلك من االسمنت Production,Sales and Consumer Average Price of Cement

IIII : Core CPI

Is a variant of the headline CPI that excludes the impact of temporary price shocks on inflation, which

could result for various reasons, including weather conditions, supply disruptions or infrequent resetting of

prices by the government. Hence, the core measure is derived from the headline and is used as a

complementary indicator, mainly to distinguish the underlying trend of the inflation rate from its transitory

movements. Therefore, the core inflation measure should not, in any way, be regarded as a substitute for the

headline inflation measure prepared by the Central Agency for Public Mobilization and Statistics. The items

excluded from the CBE's core measure are:

1 - Food items with prices which are inherently volatile since their supply largely depends on weather

and harvest conditions, namely fruits and vegetables. They represent 6.9 percent of the CPI basket.

2 - Regulated prices which constitute 18.66 percent of the CPI basket.

By timely communicating the core inflation measure, the CBE aims to improve the understanding of the

inflation dynamics. This is expected to reduce the pass-through of temporary price shocks to inflation

expectations and, in turn , minimize the variability in inflation.

Food excl. Fruits & Vegetables:

All food items included in the CPI basket other than fruits and vegetables, namely bread & cereals,

meat, fish & other seafood, eggs & dairy products, oils & fats, dried fruits, processed vegetables, pulses, sugar

& confectionary, other food products and beverages. They represent 31.08 percent of the CPI basket.

Retail Items:

Durable and non-durable consumer goods that are included in the CPI basket namely clothing &

footwear, furniture & floor covering, HH cleaning products, HH appliances, glassware, tableware and HH

utensils, products related to dwelling repairment, home entertainment equipment, cars and spare parts, motor oil,

telephone & fax products, audio and visual products and entertainment & recreational services. They represent

14.43 percent of the CPI basket.

Paid Services:

Services included in the CPI basket that are usually provided by individuals. These involve tailors and

laundry, dwelling maintenance services, technicians to HH appliances, portman & gardeners' services,

physicians, cook & maid's services, repairs of audio-visual equipment, mechanics, private teachers and

hairdressers. They represent 5.87 percent of the CPI basket.

Other Services:

Services other than paid services included in the CPI basket namely rentals for housing, hotels &

accommodation services, cafes and restaurants, mobile services, air travel, inland transportation, sea

transportation, private schools, Hajj & Omra trips, recreational and sporting services, private hospitals, and

cultural services. They represent 23.06 percent of the CPI basket.

-151-

Income:

It includes receipts and payments of investment income, as illustrated hereunder:

- Investment Income Receipts: The entries include returns on direct or portfolio investment abroad,

or on deposits at foreign banks.

- Investment Income Payments: Their key items are interest payments on loans, external facilities

and deposits of non-residents. They also include returns on FDI and portfolio investment transferred

abroad.

Net Transfers:

They represent private transfers, mainly workers’ remittances as well as official transfers including

grants and donations from/to abroad.

Capital and Financial Account:

It refers to all types of capital transactions. It also includes two main elements: namely the capital

account and the financial account. As to the capital account, it records capital transfers which consist of

transfers that entail a change in the ownership of fixed assets or forgiveness of foreign debt. It also includes

the acquisition or disposal of intangible assets such as the goodwill and intellectual property rights.

Concerning the financial account, it records the transactions of the economy on foreign assets, and external

financial obligations. These include FDI, portfolio investment and other investments (e.g. 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).

Net Errors and Omissions: 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 aggregate balances of the current, and capital and financial accounts.

Overall Balance: The overall balance is calculated on the basis of change in reserve assets with the CBE. These assets include monetary gold, SDRs, the reserve position with the IMF, deposits with correspondents abroad and investments in securities and bills. External Debt: Gross external debt, at any given time, is the outstanding amount of those actual current, and not contingent, liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to nonresidents by residents of an economy. Supplier's Credit: A financing arrangement under which an exporter extends credit to the buyer

Buyer's Credit: A financial arrangement in which a bank or financial institution, or an export credit agency in the exporting country, extends a loan directly to a foreign buyer or to a bank in the importing country to pay for the purchase of goods and services from the exporting country. Also known as financial credit. This term does not refer to credit extended directly from the buyer to the seller (for example, through advance payment for goods and services) Long-term External Debt: External debt that has a maturity of more than one year. Maturity can be defined either on an original or remaining basis. Short-Term Debt: Debt that has maturity of one year or less. Maturity can be defined either on an original or remaining basis.

Original Maturity:

The period of time from when the financial asset/liability was created to its final maturity date.

- 153-

Multilateral creditors: These creditors are multilateral institutions such as the IMF and the World Bank, as well as other multilateral development banks. Bilateral Debt Loans extended by a bilateral creditor.

Official Development Assistance (ODA) Flows of official financing administered with the promotion of the economic development and welfare of developing countries as the main objective, and which are concessional in character with a grant element of at least 25 percent (using a fixed 10 percent rate of discount). By convention, ODA flows comprise contributions of donor government agencies, at all levels, to developing countries (“bilateral ODA”) and to multilateral institutions. ODA receipts comprise disbursements by bilateral donors and multilateral institutions. Lending by export credit agencies—with the pure purpose of export promotion—is excluded. Debt service:

Refers to payments in respect of both principal and interest. Actual debt service is the set of

payments actually made to satisfy a debt obligation, including principal, interest, and any late payment

fees. Scheduled debt service is the set of payments, including principal and interest, which is required to

be made through the life of the debt.

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 (Net): It represents the outstanding balance of government bills and bonds; borrowing from other entities;

credit facilities from the SIFs; Egyptian Dollar Certificate; government net balances with the banking

system and the government debt to the National Investment Bank that was cleared as of 1/7/2006. The

obligations of the NIB to the insurance and pension funds were transferred to the government against the

government debt balance till 30/6/2006. Domestic Debt Owed by the Economic Authorities (Net):

It represents their borrowing from 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 NIB debt, minus its deposits with the banking system, and its intra-debt that

includes: government debt to the Bank (investments in bonds and bills), and the borrowing of the

government and public economic authorities from the Bank. Moreover, the government stopped

borrowing from the NIB as of 30/6/2006 and its debt was cleared as mentioned above. -152-

LE Interest Rates:

It is to be noted that the interest rates on deposits and loans in this Bulletin are calculated on the basis of the average rates of all banks, because the rates differ from one bank to another.

Interbank Interest Rates:

They represent the average interest rates on local currency bank deposits with other banks.

Interest Rates on Three Month Deposits :

They represent the average interest rates per annum on customers' deposits with banks.

Interest Rates on Loans of One Year or Less :

They represent the average interest rates per annum received by banks on credit facilities and loans granted to their customers.

Interest Rates on TB Repos:

They are determined through auctions carried out between the CBE and banks, to absorb liquidity from or pump liquidity into the market.

Financial Soundness Indicators for the Banking Sector:

Capital Base/Risk-Weighted Assets

Total capital base relative to total risk-weighted assets and contingent liabilities at the end of the reporting period.

Tier I of Capital/ Risk-Weighted Assets

Tier I of capital (paid-up capital, reserves, retained profits or losses brought forward) relative to total risk-weighted assets and contingent liabilities at the end of the reporting period.

Equities/Assets:

Shareholders' total equities (paid-up capital, reserves, retained profits or losses brought forward) relative to total assets at the end of the reporting period.

Return on Average Assets (ROAA)

Net profits of the last approved fiscal year relative to average assets.

Return on Average Equities (ROAE)

Net profits of the last approved fiscal year relative to shareholders' average equities.

Net Interest Margin

Net income from interest relative to average interest-earning assets according to the last approved fiscal year.

Securities/Total Assets

Investments of banks in shares, bonds and mutual funds' documents, relative to total assets at the end of the reporting period.

Total Deposits/Total Assets:

Customers' deposit balances relative to total assets at the end of the reporting period.

Total Loans/Total Deposits:

Lending and discount balances relative to customers' deposit balances at the end of the reporting period.

-155 -

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 the fiscal year), SDRs, foreign portfolio investment, deposits with correspondents abroad, payment agreements with some countries, and reserves position in the IMF.

term foreign -fficial reserves minus shortThey represent gross o Net International Reserves (NIR): liabilities.

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, other reserve assets (specifically) such as derivatives, and non-banking loans (non-resident). As for other foreign currency assets (Item b), they include securities, deposits, loans, derivatives, gold, and other similar items which are not included in the official reserve assets. These assets represent foreign 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 international reserves. Upon this consideration, balances of contributions to international and regional organizations and the payment agreements with some countries were excluded, being as "not readily available assets".

II : External Sector Balance of Payments: It is a statistical statement recording economic transactions conducted between the domestic economy (resident) and the external sector (non-resident) during a specific period of time. Economic transactions carried out between residents and non-residents include transactions involving goods, services and income; those classified as unrequited transfers, such as grants; and transactions of financial assets and liabilities with the external sector. Transactions of the balance of payments are divided into two accounts: current account, and capital and financial account. The compilation of BOP is based on the Fifth Edition of the BOP Manual issued by the IMF (September 1993). The main indicators that can be derived from the BOP are the trade balance position, commodity exports/commodity imports coverage ratio, the position of the current account and its ratio to GDP, the overall deficit (surplus) and its ratio to GDP, the ratio of errors and omissions to commodity transactions as well as the number of months of imports covered by net international reserves. Current Account:

It is composed of the trade balance, service balance, income balance and net unrequited transfers. Trade Balance:

It encompasses the following items:

- Merchandise export proceeds valued on (FOB) basis at customs borders of the Egyptian

economy; excluding costs of freight and insurance, and including exports of free zones to

the external sector

- Merchandise import payments valued on (CIF ) basis; including the costs of freight and

insurance, as well as imports of free zones from the external sector. Service Transactions:

The main items of service transactions are receipts/payments of transport, government and travel.

Travel receipts (tourism revenues) included in the BOP are estimated on the basis of the number of tourist

nights (according to the data of the Ministry of Tourism) and the average spending of a tourist per night,

estimated in agreement with the Ministry of Tourism.

-154-

Fourth: Real Sector

- GDP and Production GDP at factor cost (2011/2012 constant prices) reached about LE 1423.0 billion in the first nine months of FY 2015/2016 (against LE 1391.5 billion in the corresponding period a year earlier), with a growth rate of 2.3% (see table 42). The main contributors at sectorial level were the general government; wholesale and retail trade; construction and building; and agriculture. In this context, GDP at factor cost (current prices) grew by 7.5%, posting LE 2026.2 billion, against LE 1885.5 billion. (see table 43)

GDP (at 2011/2012 constant market prices) grew by 4.3%, to post about LE 1431.9 billion in the first nine months of 2015/2016 (see table 44). In addition, it grew by 10.1% (at current market prices), to register about LE 2052.3 billion. (see table 45)

On the other hand, total domestic production (at 2011/2012 constant prices) grew by 6.8%, to register LE 665.4 billion in the first quarter of FY 2014/2015, against LE 622.8 billion in the corresponding quarter a year earlier (see table 47). Besides, it grew by 16.6% (at current prices) to stand at LE 894.5 billion, against LE 767.2 billion. (see table 48) - Investments In July/March of FY 2015/2016, investments (at current prices) totaled LE 271.6 billion, with a growth rate of 14.6%, as compared with the corresponding period a year earlier. Of this figure, the private business sector implemented around 66.1%, followed by the government sector (14.7%), then public companies (9.1%) and economic authorities (10.1%). (see table 46)

- Headline and Core Inflation

Headline CPI, published by the Central Agency for Public Mobilization and Statistics on September 8, 2016, increased by 1.93% (m/m) in August 2016, compared to 0.74% (m/m) in July. The annual rate increased to 15.47% in August from 14.0% in July. Meanwhile, core CPI computed by the Central Bank of Egypt increased by 0.61% (m/m) in August 2016, compared to 0.25% (m/m) in July. The annual rate rose to 13.25% in August 2016 from 12.31% in July. For further details, please visit the Bank's website (www.cbe.org.eg).

- PPI Inflation According to PPI, the monthly inflation recorded a rise of 0.46% in July 2016, compared to 1.50% in June. On the other hand, the annual rate posted a rise of 7.27%, from 5.68%. (see table 41, contd.) - Gold In July 2016, the average price of gold pound amounted to LE 3567.0, up by 10.8%, compared with June. The average price of 21 KT gold/gram reached some LE 425.6, and of 18 KT gold/gram around LE 364.8 (see table 41, contd.) - Electricity

In July 2016, total generated and purchased electricity scaled up by 4.2%, compared with June, thanks to a rise of 4.6% in generated electricity, and a fall of 1.0% in the electricity purchased from investment projects producing power. The distribution of utilizations (75.9% of total generated and purchased electricity) indicates that the household sector used 46.9%, industry 24.2%, others 23.5%, and business 5.0%. In the meantime, 0.4% was sold to the international electrical interconnection countries. (see table 51) - Cement In July 2016, cement output fell by 68.2% and local deliveries (total sales) by 65.1%, as compared with June. Meanwhile, the average consumer price remained unchanged. (see table 52) - Reinforcement Steel Compared with June 2016, total output of reinforcement steel decreased by 8.5%, and the average price by 0.3% in July. On the hand, total sales increased by 38.5%. (see table 53)

Definitions and Terminology

I : Financial Sector Banking System :

It includes the CBE and the banks registered therewith.

Reserve Money (M0) :

It is composed of money in circulation outside the CBE and local currency deposits of banks therewith.

It is considered the base of money in its broader definition, and is also known as the monetary base or

high-powered money. It is used as an intermediate operational target of the monetary policy in the

management of domestic liquidity (M2). Reserve money and counterpart assets represent another

classification for the items of the CBE financial position.

Banking Survey:

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 definition

(M2) on the one side, and net foreign and domestic assets (including net unclassified assets and liabilities)

on the other side. Domestic Liquidity (M2) :

It is composed of money supply (M1), and quasi-money. Money Supply (M1) :

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. Quasi-money :

It is composed of non-government time and saving deposits in local currency; non-government

foreign- currency demand deposits (minus purchased cheques and drafts); and non-government time and

saving deposits in foreign currencies, with all the banking system units. Net Foreign Assets :

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 foreign

sector in the relevant period. Domestic Credit :

It represents claims of the banking system on domestic sectors. These claims are composed of

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

sectors' deposits. Lending and Discount Rate:

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.

-156- -157-

Second: External Sector

- Balance of Payments

In FY 2015/2016, Egypt's transactions with the external world unfolded an overall BOP deficit of US$ 2.8

billion (against an overall surplus of US$ 3.7 billion a year earlier). This came as a result of the rise in the current account deficit, registering as such US$ 18.7 billion (against US$ 12.1 billion). Meanwhile, the capital and financial account posted a net inflow of US$ 19.9 billion (compared with US$ 17.9 billion).

The rise in the current account deficit was an outcome of the following developments:

The trade deficit registered US$ 37.6 billion (versus US$ 39.1 billion), due partly to the decline in world oil prices, which had a bearing on Egyptian exports and imports, as indicated below:

- Merchandise export proceeds retreated by US$ 3.5 billion to US$ 18.7 billion (from US$ 22.2 billion). Such a retreat was traceable to the drop of US$ 3.2 billion in oil exports (crude oil and products), to stand at US$ 5.7 billion. Moreover, proceeds from non-oil exports rolled back by 2.4%, from US$ 13.4 billion to US$ 13.0 billion.

- Merchandise imports fell by US$ 5.0 billion, recording as such, US$ 56.3 billion (versus US$ 61.3 billion), on the back of the declines in oil imports by US$ 3.1 billion, to US$ 9.3 billion, and in non-oil imports by 3.9%, to US$ 47.0 billion (against US$ 48.9 billion).

Unrequited current transfers (net) decelerated to US$ 16.9 billion (from US$ 21.9 billion), on account of the drop in both net official transfers (cash and commodity) and net private transfers. The former posted US$ 101.5 million (against US$ 2.7 billion), while the latter posted US$ 16.8 billion (against US$ 19.2 billion), due to the 11.7% drop in workers' remittances.

The services and income surplus narrowed by 59.1%, posting US$ 2.1 billion (versus US$ 5.0 billion). This was driven by lower services and income receipts (US$ 16.5 billion, versus US$ 22.0 billion), reflecting the drop in most of their items, especially tourism revenues, which dipped by 48.9%, to US$ 3.8 billion (from US$ 7.4 billion), owing to the decline in the number of tourist nights from 99.2 million to as low as 51.8 million nights. Suez Canal receipts also declined by 4.5%, to stand at US$ 5.1 billion (compared to US$ 5.4 billion). This is mainly attributed to the decline in the value of SDR versus the US dollar by an average of 2.1% in the year in review, relative to the preceding year.

The capital and financial account recorded a net inflow of US$ 19.9 billion in FY 2015/2016 (against US$ 17.9 billion), mainly as an outcome of the following factors:

Net inflows of FDI in Egypt rose to US$ 6.8 billion (from US$ 6.4 billion), spurred mainly by the increase in net inflows for greenfield investments, to post US$ 4.5 billion (versus US$ 3.8 billion), and for oil sector investments, to post US$ 1.6 billion.

Portfolio investment in Egypt unfolded a net outflow of US$ 1.3 billion (against US$ 638.6 million), principally due to the Egyptian authorities' repayment of bonds in the amount of US$ 1.25 billion (outflows) that had fallen due in the reporting year. These bonds were floated in world markets in 2005.

Other investments registered a net inflow of US$ 14.4 billion (versus US$ 12.5 billion); as other assets and liabilities recorded a net inflow of US$ 8.3 billion (compared with US$ 7.5 billion), and short-term suppliers' credit showed net disbursements of US$ 5.8 billion (against US$ 5.3 billion). This attests to the confidence in the Egyptian economy, given its ability to honor its external obligations.

- Merchandise Transactions The volume of Egypt's foreign merchandise trade decreased by US$ 8.5 billion to US$ 75.0 billion in FY 2015/2016 (from US$ 83.6 billion in the previous fiscal year), constituting 21.3% of GDP. This came in response to the decline in merchandise imports by US$ 5.0 billion to US$ 56.3 billion (16.0% of GDP) and exports by US$ 3.5 billion to US$ 18.7 billion (5.3% of GDP). The EU was the main trade partner, accounting for 31.3% of the total volume of trade, followed by the Arab countries (21.6%), then the non-Arab Asian countries (18.0%). - Export Proceeds Export proceeds declined by 15.9% to US$ 18.7 billion, due to the drop of 36.2% in oil exports, to register US$ 5.7 billion (30.3% of total exports), and the decrease of 2.4% in non-oil exports to US$ 13.0 billion (69.7% of total exports). At the level of merchandise classification, fuel, mineral oils and products decreased by US$ 3.3 billion, semi-finished goods by US$ 276.3 million, and finished goods by US$ 103.8 million. Meanwhile, raw materials scaled up by US$ 101.0 million.

- Import Payments

Import payments fell by 8.1% to US$ 56.3 billion, as a result of the decline in both oil imports by 24.8% to US$ 9.3 billion (16.5% of total imports), and in non-oil imports by 3.9% to US$ 47.0 billion (83.5% of total imports). At the level of merchandise classification, imports of raw materials scaled down by US$ 2.4 billion; intermediate goods by US$ 1.8 billion; fuel, mineral oils and products by US$ 1.6 billion; and consumer goods by US$ 1.2 billion. However, imports of investment goods bucked the trend by increasing US$ 1.7 billion. -Geographical Distribution of Exports and Imports

As a market for Egyptian exports, the EU countries maintained its lead, accounting for 32.3% of the total. The Arab countries ranked second with a share of 30.7%, while the non-Arab Asian countries ranked third, receiving 11.0% of the total.

Turning to Egypt's imports, the EU countries were the main exporter, with a share of 30.9% of the total. The non-Arab Asian countries ranked second, with a share of 20.2%. Ranking third were the Arab countries with a share of 18.5% of the total. -External Debt External debt of all maturities increased by US$ 7.7 billion (16.0%), to post US$ 55.8 billion at end of FY 2015/ 2016 (compared with US$ 48.1 billion at end of FY 2014/2015). This came as a result of the rise in net disbursements of loans and facilities by US$ 7.4 billion, alongside the appreciation of most currencies of borrowing versus the US dollar (causing the debt balance to rise by US$ 0.3 billion). Debt service (medium- and long-term) registered US$ 5.2 billion during FY 2015/2016 (principal repayments registered US$ 4.3 billion and interest payments US$ 0.9 billion). The ratio of external debt /GDP rose from 14.8% at end of June 2015 to 17.6% at end of June 2016. (see table 33).

Third: Fiscal Sector

- Consolidated Fiscal Operations of the General Government

According to the preliminary data of the Ministry of Finance in July/March 2015/2016, total revenues of the general government (the budget sector, NIB and SIFs) reached LE 331.7 billion, while total expenditures amounted to LE 586.8 billion. Accordingly, the cash deficit registered LE 255.1 billion. When adding the net acquisition of financial assets which registered a negative LE 10.4 billion, the overall deficit would post LE 244.7 billion or 8.8% of GDP. (see table 35)

- Budget Sector

Data also indicate that total revenues of the budget sector (the administrative system, local administration and service authorities) amounted to LE 291.1 billion, while total expenditures reached LE 533.3 billion. Accordingly, the cash deficit reached nearly LE 242.2 billion. By adding the net acquisition of financial assets (LE 12.7 billion), the overall deficit would stand at LE 254.9 billion or 9.2% of GDP. (see table 35)

- Gross Domestic Public Debt

Domestic public debt totaled some LE 2619.6 billion at end of June 2016, of which the government debt represented 87.3%, public economic authorities (4.0%), and NIB (8.7%). The balance of government debt (net) totaled about LE 2285.7 billion at end of June 2016, up by LE 414.3 billion during FY 2015/2016. Debt of public economic authorities (net) reached LE 103.7 billion, up by LE 92.3 billion. NIB debt reached LE 230.2 billion, down by LE 3.4 billion (this figure represents NIB debt (net) minus its intra-debt with the economic authorities, as well as its investments in government securities (bills and bonds). (see table 36)

-158- -159-

Summary of Main Developments

First: Financial and Monetary Sector

-Reserve Money (M0) and Counterpart Assets During July 2016, reserve money (M0) retreated by LE 28.5 billion or 6.0%. The drop was reflected in lower banks' deposits in local currency at the CBE by LE 35.5 billion or 32.4%. Meanwhile, currency in circulation outside the CBE went up by LE 7.0 billion or 1.9%.

The decrease in reserve money was a result of the drop in net foreign assets at the CBE by LE 15.5 billion worth, together with the rise in the negative balance of net balancing items by LE 37.1 billion. This decrease was curbed by the pickup in net claims on the government and banks by LE 23.9 billion and LE 0.2 billion, respectively. - Banking Survey: Domestic Liquidity (M2) and Counterpart Assets Domestic liquidity (M2) increased by LE 25.2 billion or 1.2% in July 2016, to register LE 2119.7 billion at end of the month. The increase in domestic liquidity was reflected in the growth of quasi-money by LE 19.6 billion or 1.3% and money supply (M1) by LE 5.6 billion or 1.0%. (see table 2) The rise in quasi-money was ascribed to the increase in time and saving deposits in local currency by LE 16.3 billion or 1.4% and in foreign currency deposits by LE 3.3 billion worth or 1.0%. In the meantime, the rise in money supply resulted from the surge in currency in circulation outside the banking system by LE 5.7 billion or 1.6%, and the decline in demand deposits in local currency by LE 0.1 billion or 0.1%. Counterpart Assets The rise in domestic liquidity during July 2016 was an outcome of the increase in net domestic assets and the drop in net foreign assets at the banking system, as shown below: Net Domestic Assets Net domestic assets at the banking system rose by LE 40.1 billion or 1.8% during July 2016, owing to the pickup of LE 42.8 billion or 1.7% in domestic credit. This rise was curbed by the increase of LE 2.7 billion or 1.0% in the negative balance of net balancing items. The pickup in domestic credit resulted from the surge in net claims on the government (by LE 43.7 billion), claims on the household sector (by LE 1.2 billion), and claims on the public business sector (by LE 0.4 billion) as well as the decline in claims on the private business sector by LE 2.5 billion. (see table 4)

Net Foreign Assets Net foreign assets at the banking system dipped during July by LE 14.9 billion worth or 17.1%, as net foreign assets at the CBE decreased by LE 15.5 billion worth and those at banks rose by LE 0.6 billion worth. (see table 5)

- Aggregate Financial Position of Banks (Excluding the CBE) The aggregate financial position of banks, excluding the CBE, increased by about LE 45.9 billion or 1.6% during July 2016, to register LE 2892.0 billion at end of the month. (see table 7) Banks' Credit Balances Banks’ credit balances rose by LE 1.6 billion or 0.2% during July, to record LE 944.3 billion at end of the month. (see table 8) The relative breakdown of non-government credit balances indicates that the private business sector got 59.5% of the total at end of July 2016. Breaking down such balances by economic activity shows that the manufacturing sector accounted for 32.1%, followed by services (27.6%), trade (10.6%), agriculture (1.3%), and unclassified sectors, including the household (28.4%). -Monetary Policy MPC Decision and Interest Rates In its meeting held on Thursday September 22, 2016, the Monetary Policy Committee (MPC) decided to keep the overnight deposit rate, overnight lending rate, and the rate of the CBE's main operation unchanged at 11.75 percent, 12.75 percent and 12.25 percent, respectively. The discount rate was also kept unchanged at 12.25 percent. Four bank deposit acceptance operations were conducted in August 2016 (see table 15). Notably, the weighted average of interest rates on interbank transactions decreased for all maturities during the reserve computation period ending 29 August 2016, compared with that ending 15 August. (see table 15 contd.) - Exchange Rates Table (16) illustrates the daily developments witnessed in August 2016 in the exchange rates of foreign currencies versus the Egyptian pound (market and interbank rates). The weighted average of the US dollar in the interbank market stabilized at LE 8.7800. As for market rates, each of the US dollar, the UAE dirham, the Saudi riyal and the Kuwaiti dinar remained roughly unchanged. In the meantime, the Swiss franc, the Japanese yen, the pound sterling, the Chinese yuan and the euro fell by 1.7%, 0.9%, 0.6%, 0.5% and 0.3%, respectively. Table (17) shows the developments in the exchange rates and interbank rates of foreign currencies, on a weekly basis, according to the last working day of every week. -Gross & Net International Reserves with the CBE, Official Reserves and Foreign Currency Liquidity NIR retreated to US$ 16.6 billion at end of August 2016, thereby covering 3.5 months of merchandise imports, with a decrease of some US$ 1.0 billion or 5.6% during July/August 2016/2017. (see table 19).

Compared with the end of June 2016, official reserve assets reached some US$ 15.0 billion at end of July 2016, down by US$ 2.1 billion. However, other foreign currency assets rose by US$ 46.0 million, reaching US$ 0.5 billion.

-160 - - 161-

Central Bank of Egypt

33 External Debt 95-96

34 External Debt by Debtor 97-98

● Graphs 99-102

Fiscal Sector

35 Consolidated Fiscal Operations of the General Government 103-108

36 Gross Domestic Debt 109-112

37 Treasury Bills Outstanding Balances 113-114

38 Treasury Bills Outstanding Balances by Sector 113-114

39 Outstanding Balances of Treasury Bonds Listed on the Egyptian Exchange 115-118

● Graphs 119-120

Real Sector

40 Population, Labor Force, Employment, and Unemployment 121-122

41 Domestic Price Indicators 123-126

42 GDP at Factor Cost by Economic Activity (Constant Prices) 127-128

43 GDP at Factor Cost by Economic Activity (Current Prices) 129-130

44 GDP by Expenditure (Constant Prices) 131-132

45 GDP by Expenditure (Current Prices) 131-132

46 Implemented Investments 133-134

47 Total Domestic Production by Economic Activity (Constant Prices) 135-136

48 Total Domestic Production by Economic Activity (Current Prices) 135-136

49 Output of Main Crops 137-138


50 Output of Main Industrial Products 139-140

51 Production & Consumption of Electricity 141-142

52 Production, Local Deliveries & Exports of Cement (All Types) 141-142

53 Total Reinforcement Steel Production, Sales and Domestic Prices by Main

Egyptian Companies

143-144

54 Number of Tourists & Nights Spent 145-146

● Graphs 147-150


Contents

- Summary of Main Developments 161-157

- Definitions and Terminology 156-151

- Main Macroeconomic Indicators 12-21

- Tables and Graphs 22-150

Financial & Monetary Sector

1 Reserve Money and Counterpart Assets 22-23

2 Banking Survey: Domestic Liquidity and Counterpart Assets 24-25

3 Banking Survey: Deposits (Except CBE) 26-27

4 Banking Survey: Domestic Credit 28-29

5 Banking Survey: Foreign Assets & Liabilities 30-31

6 Banking Survey: Net Balancing Items 30-31

7 Aggregate Financial Position of Banks (Except CBE) 32-33

8 Bank Credit Facilities for Customers (Except CBE) 34-35

9 Bank Loans for Customers (Except CBE) 36-37

10 Discounted Bills at Banks for Customers (Except CBE) 38-39

11 Securities Portfolio at Banks (Except CBE) 40-41

12 Financial Soundness Indicators for the Banking Sector (Except CBE) (%) 42-43

13 Banknote Issue & Currency in Circulation 44-45

14 Transactions Via RTGS and SWIFT 46-47

15 Discount and Interest Rates 48-51

16 Daily Exchange Rates for the Month under Review (in LE per Foreign

Currency Unit)

52-53


17 Weekly Exchange Rates (in LE per Foreign Currency Unit) 54-55

18 Stock Market 56-59

19 Gross and Net International Reserves with the CBE 60-61

20 Official Reserves and Foreign Currency Liquidity 62-69

● Graphs 70-74

External Sector

21 Balance of Payments 75-78

22 Proceeds of Merchandise Exports by Degree of Processing 79-80

23 Payments for Merchandise Imports by Degree of Use 81-82

24 Exports by Geographical Distribution 83-84

25 Imports by Geographical Distribution 83-84

26 Egypt's Volume of Trade with Its Main Trade Partners 85-86

27 Free Zones Transactions with the Rest of the World 85-86

28 Main Exports by Commodity & Geographical Distribution 87-88

29 Main Imports by Commodity & Geographical Distribution 87-88

30 Main Merchandise Balances 89-90

31 Services Balances 91-92

31/1 Traffic in the Suez Canal 91-92

32 Foreign Direct Investment (FDI) in Egypt by Country 93-94

Periodical Publications of the Central Bank of Egypt

Periodicity Language Name of Publication

Monthly Arabic and English 1- Monthly Statistical Bulletin

Quarterly Arabic and English 2- Economic Review

Every fiscal year Arabic and English 3- Annual Report

Quarterly English 4- External Position of the Egyptian Economy

Notes:

- All publications of the Central Bank of Egypt are available on the CBE's website: www.cbe.org.eg

- In case any of the tables or data of the Monthly Bulletin are quoted

elsewhere, a reference must be made to its source "the CBE’s Monthly Statistical Bulletin" and the specific volume.

- To obtain a hard copy of any publication by mail, please write to the

following address: Economic Research Sector, the Central Bank of Egypt, 54 El Gomhoreya St. Cairo.

CENTRAL BANK OF EGYPT

Monthly Statistical Bulletin

Volume No. (234) September 2016

Economic Research Sector Website: www.cbe.org.eg

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