Public Debt and Economic Growth in Egypt

Abstract

The public debt has been representing a serious problem in Egypt during recent years. The main concern of the paper is to classify the extent of the debt problem in Egypt focusing on the post -revolutionary period since 2011. In the paper, reasons for the high level of public debt will be identified. Also, the economic growth performance will be analyzed simultaneously, then the relationship between both public debt and economic growth will be determined. Some guidelines for policymakers will be presented in the last section.