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Egypt on surer fiscal ground + more debt relief agreed + IMF backs wealth tax
IMF upgrades Egypt budget projections in latest outlook: Egypt’s public finances have withstood the test of covid-19 better than previously…
Ramadan covid measures to be announced today + a fuel price hike announcement any day now.
Well, that’s another week in the books, nice people, as we wind down this final week before Ramadan. The Holy…
Covid cases are rising in Egypt again + we have an agreement to make Sinovac
Covid cases are beginning to tick up again: The Health Ministry reported 778 new covid-19 infections yesterday, up from 767…
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…
Tourism workers can now get vaccinated
The Health Ministry will start today vaccinating registered tourism workersat two centers in South Sinai and Red Sea after rolling…
Brace yourself for record (but uneven) global growth this year
World economy to face uneven growth post-pandemic despite a speedy recovery, says Bloomberg: The global economy, on average, is on…
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