The surplus in the services balance rose by 36.7 percent to $7.3 billion from $5.3 billion and the surplus in the travel balance increased to $5.4 billion from $3.8 billion, according to the Central Bank of Egypt (CBE).
According to a report released by the World Tourism and Travel Council in March, tourism in Egypt has witnessed remarkable recovery over the past year. The report expected that the number of tourists coming to Egypt during the current year will be 11.7 million tourists.
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