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Maait signals austerity measures if covid-19 crisis persists
BUDGET WATCH- Austerity measures in the cards if crisis continues into FY2020-2021 -Maait: The government could cut back on spending…
Enterprise Poll: CBE to leave interest rates unchanged in May 2020
ENTERPRISE POLL- CBE to leave interest rates unchanged when it meets this week: The Central Bank of Egypt will likely…
What we’re tracking on 11 May 2020
It’s a big news day at home and abroad as we grind through the days until Eid El Fitr starts…
Foreign reserves fall for second consecutive month in April
Foreign reserves fell in April for the second consecutive month as the central bank honored repatriation requests from foreign investors,…
Egypt in the News on 7 May 2020
Leading the conversation in the foreign press this morning: Satirical filmmaker Shady Habash died in Tora Prison from alcohol poisoning…
Egypt’s foreign debt reaches USD 112.6 bn in 2Q2019-20
DEBT WATCH- Egypt’s total external debt rose 16% y-o-y in 2Q2019-2020 to USD 112.6 bn from USD 96.6 bn the…
Pandemic is expediting, not pausing, Egypt’s structural reform plans -Al Mashat
Pandemic is expediting, not pausing, Egypt’s structural reform plans -Al Mashat: The government is not looking to slow down its…
IMF expected to approve USD 2.7 bn in fresh funding for Egypt on Monday
The IMF is expected to approve USD 2.7 bn in new funding for Egypt when it meets on Monday, Bloomberg…
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