CAIRO Feb 25 Egyptian Central Bank Governor
Tarek Amer said late on Friday that he expects the country's
foreign debt to reach 30 percent of gross domestic product, or
$60 billion, by June this year.
The most populous Arab state has imported some $15 billion
worth of goods since the pound currency was floated in November,
Amer told local broadcaster DMC in a televised interview. He
predicted that imports would fall 30 percent this year.
Egypt's monthly fuel import bill is around $1 billion, he
said, but the budget is now getting under control and there are
increasing signs of fiscal discipline on the government's part.
(Reporting by Ahmed Aboulenein; Editing by Catherine Evans)