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Commodities, tourism incentives, and subsidies were the main talking points in Madbouly’s weekly presser
The government has purchased fresh oil hedging contracts
Egypt’s net foreign asset surplus rises to USD 13.3 bn in July
This is the country’s third month in the green after our net foreign assets shifted from deficit to surplus in…
Delayed IMF loan review is right around the corner
Good morning, friends, and happy Friday. We hope you’re reading us from the beach, enjoying the last weekend of the…
IMF to begin fourth loan review by October at the latest
The IMF Executive Board should greenlight the review in a December meeting
Unemployment falls for third consecutive quarter to 6.5%
Female unemployment rose during the quarter, while male unemployment fell
Inflation falls to lowest level since December 2022, recording of 25.7% in July
Monthly inflation fell to 0.4% in July from 1.6% the month before.
Foreign reserves hit a fresh high of USD 46.5 bn in July
Egypt's net foreign reserves have increased by about USD 11.2 bn since February
Kouchouk holds his first presser, giving us a glance at what’s to come
The Finance Ministry expects the country’s debt-to-GDP ratio falling to below 85% by the end of FY 2025-26
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