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EGYPT: Cairo signals commitment to IMF conditions
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DOI: 10.1108/OXAN-ES288542
ISSN: 2633-304X
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Stabilisation measures implemented with Gulf assistance this year have created a platform for manufacturing growth. If this can be directed to boost manufactured exports, it would…
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DOI: 10.1108/OXAN-DB287535
ISSN: 2633-304X
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Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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EGYPT: Rising inflation risk threatens stability
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DOI: 10.1108/OXAN-ES282477
ISSN: 2633-304X
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EGYPT: Government will diversify financing sources
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DOI: 10.1108/OXAN-ES282932
ISSN: 2633-304X
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Like other fuel-importing countries in the Middle East and North Africa (MENA), it has large structural fiscal and current account deficits. These have resulted in climbing…
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DOI: 10.1108/OXAN-DB282177
ISSN: 2633-304X
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The conflict will damage the economic prospects of Israel, Egypt and Jordan, even without a major regional escalation. The Gulf Arab states, Iraq and Algeria will benefit from the…
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DOI: 10.1108/OXAN-DB283028
ISSN: 2633-304X
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The review will take into account the effects of measures taken thus far, in particular the flotation of the Egyptian pound, and will assess the government’s budget for the…
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DOI: 10.1108/OXAN-DB220284
ISSN: 2633-304X
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Inflation, debt and unemployment are recurrent themes across the region, even in energy exporters Libya and Algeria, which are enjoying elevated revenues from high energy prices…
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DOI: 10.1108/OXAN-DB273942
ISSN: 2633-304X
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Preliminary results suggest that President Abdel Fattah el-Sisi has won re-election with 91% of the vote. Western media and diplomats estimate turnout hovered around 20%, though…