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What we’re tracking on 23 April 2020
Ramadan Kareem, everybody. Dar Al Iftaa confirmed last night that Friday is the first day of the holy month, meaning…
Egypt’s Al Mashat urges multilaterals to expand debt relief programs
Al Mashat urges multilaterals to expand debt relief to middle-income countries: International Cooperation Minister Rania Al Mashat called on multilateral…
Gov’t revises downward Egypt’s GDP growth for next fiscal year
The government has revised downward its target GDP growth for FY2020-2021 to 3.5% from 4.5%, said Planning Minister Hala El…
Egypt’s reforms could shield the economy from covid-19 shocks -Moody’s
Egypt’s reforms could shield the economy from covid-19 shocks -Moody’s: Egypt’s track record of economic reform commitment and strong FX…
Egypt’s remittances rise 33% y-o-y in January and February
Remittances from Egyptians abroad for January and February rose by a third y-o-y to USD 5.2 bn, up from USD…
Paris Club agrees on debt relief plan for developing countries:
The world’s biggest payday loan club agree on debt relief plan for developing countries: Officials of the Paris Club group…
Egypt’s financing gap forecast at nearly EGP 1 tn- FY 2020-21 budget
FinMin sees Egypt’s financing gap at nearly EGP 1 tn next fiscal year: The Finance Ministry needs EGP 988 bn…
Can Africa imitate China’s rapid development?
Can Africa imitate China’s rapid development? Africa could harness its manpower and natural resources to generate massive economic growth, the…
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