Our economy under the spotlight: Reuters takes a deep dive into what the future may hold for the Egyptian economy following the recent wave of economic reforms introduced by the central bank. This round of reforms is looking different — sources the newswire spoke to cite the government slowing spending on large infrastructure projects and the belief that the government will pay arrears to foreign companies.
That’s not enough: “Our cash flow issue has been resolved temporarily, but we need to solve the root causes,” one banker told Reuters.