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What we’re tracking on 01 April 2020
Can you believe it’s the first day of 2Q2020? Our heads are still spinning over here. Ten of 11 analysts…
Microlenders are looking for forgiveness and restructuring
A number of microfinance institutions are in discussions with banks to set up a mechanism that allows clients to either…
Are emerging markets about to impose capital controls?
Are emerging markets about the slap on capital controls? Emerging market economies are witnessing a collapse in external financing, with…
Corporate bond issuers want to extend their maturities
DEBT WATCH- Corporate bond issuers want to extend their maturities: A number of players in the securitized bond market have…
IIF downgrades Egypt’s 2020 growth forecast to 2.7%
IIF downgrades Egypt’s 2020 growth forecast to 2.7%: The Institute of International Finance (IIF) has revised downward its projection for…
Current account deficit narrows in the first half of FY 2019-2020
Current account deficit narrows in the first half of FY 2019-2020: Egypt’s current account deficit narrowed to USD 4.6 bn…
Government spending on health, education, wages and welfare is set to increase in FY2020-2021
Government spending on health, education, wages and welfare is set to increase in the coming fiscal year, according to highlights…
Draft budget reviewed as covid-19 fallout still dominates talk shows
It feels like a lifetime since we’ve had anything other than covid-19 on our screens: Last night Finance Minister Mohamed…
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