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FY 2023-24 budget passes the House
PLUS: Unified Budget Act exec regs to be issued “within weeks,” says Maait
MPs voice concern over public borrowing as budget debates kick off in the House
Majority parties voiced their support for the budget
Weathering the economic storm, food prices, and Sudan visa changes
El Sisi struck a reassuring note on the economy in a speech
Inflation returns to acceleration in May
Food and beverage inflation rose to 60% y-o-y
Good news, bad news on the macro front + IMF deputy MD is in town next week
Good morning, friends, and a very happy FRIDAY. For those of us whose children finished exams (and young, precocious readers…
Turkey is moving to a flexible exchange rate as gov’t adopts ‘rational’ economic policies
The currency fell more than 7% yesterday
It’s inflation day
Analysts expect annual urban inflation to have accelerated last month
Egypt’s debt problem in focus
Analysts say reform is the only way to get the country’s external debt on a sustainable trajectory
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