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Somehow we’ve generated a primary surplus so far this fiscal year
The Madbouly government delivered a primary surplus of EGP 25 bn during the first nine months of FY2020-2021, despite the…
IMF more upbeat on global growth, says covid-end “increasingly visible”
The IMF sees the global economy growing this year at a faster pace than previously expected, saying in its updated…
Structural reform is more than just a buzz phrase, it’s what Egypt needs
The Egyptian economy’s cyclical rebound from the pandemic “keeps getting postponed,” Credit Suisse head of MENA research Fahd Iqbal said…
Why are VCs and angels wary about investing in green startups?
Why are VCs and angels wary about investing in green startups? In 2020, VCs and angel investors made 49 investments…
Operation tax + spend
Higher tax revenues will be used to subsidize increased government spending in the coming fiscal year, Finance Minister Mohamed Maait…
Private sector business contracts again, but the outlook is rosier
Egypt’s non-oil private sector continued to contract for the fourth consecutive month in March, but optimism reached new highs as…
Slowly, but surely
Egypt's foreign currency reserves inched up by almost USD 140 mn in March to end the month at USD 40.34…
Egypt’s primary surplus puts it on track to sustainable debt strategy -World Bank
Egypt’s primary surplus heading into the pandemic helped cushion the blow to its public debt, despite higher debt levels that…
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