Dec. 20 (Bloomberg) -- Egypt’s balance of payments in the first quarter of the fiscal year which started in July recorded a $2.4 billion deficit compared with a surplus of $14.7 million in the same period a year earlier, Egypt’s state-run Middle East News Agency said, citing the central bank.
Foreign direct investment fell during the quarter to $440.1 million from $1.6 billion, MENA said.
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