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Our next Making It guest talks microfinance, financial inclusion, and the informal economy
Making It’s fourth episode drops Thursday featuring a microfinance pioneer: Back when financial inclusion was just a buzzword, our next…
CBE instructs local banks to comply with new int’l reporting standards
The Central Bank of Egypt has instructed local banks to comply with the latest International Financial Reporting Standards (IFRS9) to…
Budget deficit could widen to 7.8% due to covid-19 -Maait
Budget deficit could widen to 7.8% due to covid-19 -Maait: Egypt’s budget deficit could widen to 7.8% of GDP in…
First tranche of fresh IMF funding to land on Monday -report
First tranche of fresh IMF funding to land on Monday -report: The government will receive USD 2.7 bn from the…
Non-oil business activity plummets to all-time low in April as lockdown measures begin to bite
Non-oil business activity plummets to all-time low in April as lockdown measures bite: Egypt’s non-oil business activity fell at an…
Emerging markets: Which are most at risk?
Emerging markets: Which are most at risk? As the emerging world begins to stabilize after weeks of turbulence, this Economist…
CBE sells almost USD 1 bn in one-year USD t-bills
The Central Bank of Egypt sold USD 975.4 mn of one-year USD-denominated treasury bills in an offering that was 1.3x…
Gov’t cuts growth outlook for FY2020-2021 — again
Gov’t again cuts growth outlook for FY2020-2021: The government has revised downward its growth outlook for FY2020-2021 to 2% from…
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