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Infrastructure 
IMF wants to see progress on reforms before first loan review –Bloomberg. PLUS: Abdalla on inflation
Officials reportedly want to see privatization and a fully flexible exchange rate
Lots of macro updates
Good morning, friends. As we approach two shortened workweeks and the final week of Ramadan, we hope your long weekend…
US inflation cooled in March — but don’t expect an end to rate hikes
Don’t expect interest rate hikes to end soon
Rising rates risk global growth, IMF warns
“Chances of a hard landing have risen sharply,” IMF warns
Inflation leads news of Egypt in the foreign press this morning
March inflation data got international ink
Inflation nears record high in March as impact of devaluation bites
Food prices hit fresh record high but core inflation slows
THIS EVENING: Inflation accelerates again in March + Our Eid holiday schedule is here
Good afternoon, ladies and gentlemen. It’s not exactly a “Ramadan slowdown” type of news day, but it’s not exactly the…
World Bank downgrades growth forecasts for Egypt and the region as inflation bites
Lender cuts GDP growth forecast from 4.8% to 4.0% in FY 2022-2023
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