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EGP slides to record low, inflation rises in February, and gov’t hikes fuel prices
Good morning, friends, and happy weekend. It’s been another packed week in the press, and we break down all the…
Gov’t targets reducing financing gap to 9% by FY 2028/29 under new public debt strategy
Good afternoon, friends, and congratulations on making it to the weekend. It’s been a packed week in the press, and…
Finance Ministry adds eight new reforms to tax package to hit EGP 3 tn revenue goal
Among the key measures is the introduction of a mobile-based electronic receipt system
Oil Ministry plans to clear USD 500 mn in arrears by May
Good afternoon, ladies and gentlemen, and happy almost-weekend. The news cycle isn’t showing any signs of slowing down, and we’ve…
IMF warns Middle East conflict could add 40 bps to global inflation, and some central banks are likely to pause monetary easing
This will happen if the current regional conflict drives oil prices up by 10% and holds them there for most…
Cabinet activates preemptive economic shield amid global energy shock
The government is slashing the state budget and ramping up the social safety net as global prices skyrocket to USD…
Egypt’s inflation accelerates to 13.4% in February, analysts signal a definitive pause in CBE easing cycle
Prices climbed 2.8% m-o-m, a sharp acceleration from the 1.2% seen in January
Inflation surges in Feb as fuel hikes, FX volatility pressure FY 2025/26 budget
Good afternoon, friends, and happy hump day. It’s another unsurprisingly busy afternoon in the press, and we’ve got the rundown…
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