عوامل الاقتصاد الكلي المؤثرة في استدامة الدين الحكومي المصري للمدة (2004-2020)

Abstract

This study aims to analyze the reasons for the increase in government debt in the Egyptian economy, and the focus was on analyzing financial and monetary factors and economic gaps. The most important finding of the study is that there are macro and monetary factors affecting the government debt, as Egypt suffers from a chronic deficit in the internal and external current accounts that generate the need for borrowing, and the Egyptian government debt does not achieve sustainability due to the rise in government debt in exchange for economic growth and the high volume of Government spending against the decrease in the volume of public revenues, in addition to the external imbalances, the most important of which is in the balance of payments.