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FinMin says budget deficit to widen to 8% this year as it prepares to unveil spending plans
Higher tax receipts to help revenues outpace spending in the coming year
JPMorgan expects an IMF review in June but warns on medium-term debt outlook
JPM says the most likely scenario is that we reach a staff-level agreement on the pending review, unlocking fresh cash
The economy continues to dominate the conversation on Egypt in the foreign press
PMI, current account figures, and Fitch downgrade all attract international attention
Maait voices optimism on Egyptian economy, criticizes rating agencies
Rating agencies demonstrate “prejudice” against Egypt, Maait says
Gov’t hikes diesel price by 14%, leaves gasoline prices unchanged
Hike to diesel prices could fuel more inflation
Fitch Ratings downgrades our credit rating for the first time since 2013
Medium-term debt sustainability at risk
Non-oil private-sector contracts at a softer pace in April
Short-term outlook among firms falls to record low amid economic uncertainty
Egypt’s current account enters the black for the first time since 2014
Thank import curbs, which narrowed the country’s trade deficit to 12-year lows
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