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More economy headlines on another quiet day for Egypt in the foreign press
The EGP devaluation gets more ink
Economic reform a must to avoid “depreciation-inflation cycle” -Goldman
Our problem is exports, not imports
The private-sector slump continues in March
Inflation and the EGP deval continued to weigh on output and demand
THIS MORNING: Savers pour EGP 41 bn into Banque Misr’s new CDs + Net foreign liabilities deepened in February
And the Donald pleads “not guilty”
External debt hits record high in 2Q FY 2022-2023
External borrowing hit USD 162.9 bn by the end of December
THIS MORNING: CIB launches three-year, 22% CD
Also: The taxman may come up with its own USD-EGP rate for you to use when filing your taxes
Two big state-owned banks announce two (not-so-big) CDs
Big Two state-owned banks introduce new CDs: Banque Misr and the National Bank of Egypt are issuing two new high-interest…
Will advancing SDGs actually curb population growth? Plus: Google and Microsoft are squabbling over cloud dominance
Global population could dip to 7 bn with adequate economic development
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