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What we’re tracking on 10 October 2019
Expect another low inflation reading when Capmas releases September’s figures later today. Annual headline inflation plunged to 7.5% in August,…
What we’re tracking on 9 October 2019
Prime Minister Moustafa Madbouly’s statement to the House yesterday didn’t quite have the intended effect. MPs stepped up their criticism…
IMF accused of “reckless lending” to high-debt countries, including Egypt
IMF accused of “reckless lending” to high-debt countries, including Egypt: The IMF has disbursed some USD 93 bn in financing…
Egypt’s non-loan IMF program still “under consideration,” Maait tells Bloomberg
Non-loan IMF program still under consideration but nothing conclusive yet -Maait: Egypt is still looking at securing a non-loan program…
Investors fear protests could undermine economic reforms
Some investors fear walk-back of economic reforms: Investors are concerned that the Egyptian government could resort to populist measures in…
Egypt’s economy to grow 4.5% this fiscal year before accelerating to 6.0% in FY2021-2022
Egypt’s economy will grow at a 4.5% clip this fiscal year before accelerating to 6.0% in FY2021-2022, the Economist Intelligence…
Monetary easing won’t solve the world’s trade problems -IMF
Monetary easing won’t solve the world’s trade problems -IMF: The global trend towards monetary easing risks harming trading partners and…
Egypt in the News on 14 August 2019
The IMF poses a bigger threat to the Egyptian government than radical Islamists, David Rosenberg writes in Haaretz. The austerity…
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