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THIS EVENING: Inflation hits five-year high in December + We got a first peek at the FinMin’s five-year tax policy document
Good afternoon friends, and welcome to the tail-end of this busy hump day. Picking up where we left off this…
Talking heads keep score as 25% CDs rise
The economy topped the talk shows once again last night, as the pundits focused on Prime Minister Moustafa Madbouly’s budget…
Cabinet ratifies budget cutbacks for FY 2022-2023 amid rising inflation and an ongoing FX crunch
Cabinet announces budget cutbacks amid rising inflation, FX crunch: Prime Minister Moustafa Madbouly has told all but “essential” ministries to…
THIS MORNING: EGP at 27.63, savers pouring bns into 25% CDs ahead of IMF presser today
Good morning, folks, and happy hump day. The week flies by when you kick it off with a public holiday…
More international ink on the cost of living in Egypt
More on the challenges facing our economy in the int’l press: The government’s push to tackle dollarization and inflation through…
More economy lessons from the pundits + Giza Zoo overhaul
The economy once again took center stage on the talk shows over the long weekend: The pundits spent plenty of…
Newly introduced 25% CDs see massive demand in first two days + Big Two bag USD 700 mn facility
The newly released 25% certificates of deposit have raked in almost EGP 100 bn in a matter of days —…
THIS MORNING: We’re back with a big week for the Egyptian economy
Good morning, wonderful people, and welcome back to work. We hope you (and the kids trudging back to school) had…
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