International Journal of Social Science & Economic Research
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Title:
THE IMPACT OF INCREASING EGYPTIAN EXTERNAL DEBT ON THE SUSTAINABLE DEVELOPMENT GOALS "EGYPT 2030"

Authors:
Mosaad M. Elgayish

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Mosaad M. Elgayish
Assistant Professor of Economics at Economics Department, Faculty of Politics &Economics, Beni-Suef University, Egypt.

MLA 8
Elgayish, Mosaad M. "THE IMPACT OF INCREASING EGYPTIAN EXTERNAL DEBT ON THE SUSTAINABLE DEVELOPMENT GOALS "EGYPT 2030"." Int. j. of Social Science and Economic Research, vol. 5, no. 1, Jan. 2020, pp. 1-20, ijsser.org/more2020.php?id=1. Accessed Jan. 2020.
APA(6)
Elgayish, M. (2020, January). THE IMPACT OF INCREASING EGYPTIAN EXTERNAL DEBT ON THE SUSTAINABLE DEVELOPMENT GOALS "EGYPT 2030". Int. j. of Social Science and Economic Research, 5(1), 1-20. Retrieved from ijsser.org/more2020.php?id=1
Chicago
Elgayish, Mosaad M. "THE IMPACT OF INCREASING EGYPTIAN EXTERNAL DEBT ON THE SUSTAINABLE DEVELOPMENT GOALS "EGYPT 2030"." Int. j. of Social Science and Economic Research 5, no. 1 (January 2020), 1-20. Accessed January, 2020. ijsser.org/more2020.php?id=1.

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Abstract:
The period from 2016 to 2019 witnessed a noticeable increase in the Egyptian external debt. Egypt has adopted the sustainable development plan "Egypt 2030". The research problem was to what extent does the increasing Egyptian external debt affect the goals of the sustainable development plan "Egypt 2030"?The simple regression model was used to show the relationship between the Egyptian external debt as an independent variable and each of the goals of the sustainable development plan as dependent variables, relying on World Bank data, the inverse model was used to indicate the relationship between external debt and per capita GDP, and the Quadratic model was used to clarify the relationship between external debt and the unemployment rate. The research concluded that, there is a varied effect of increasing external debt on the goals of the sustainable development plan, "Egypt 2030". All results are conditional on the condition that the public debt be sustainable and the ability to pay the premiums and interest at the time they are due, and therefore the study recommended the need to review the policy of managing external debt in particular and the public debt in general with regard to its negative impact on price increases only, and that it is directed to investment areas. On the whole, there is no need to be disturbed by the increase in external debt, provided the public debt is sustainable and the ability to pay installments and interest on time and provided that it is directed to investment.