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An agreement with the IMF is coming “within months”
A fresh IMF program could be sealed in a few months: The government expects to reach an agreement with the…
Madbouly announces plans to privatize state assets + boost private investment
Madbouly announces plans to privatize state assets + boost private investment: Prime Minister Moustafa Madbouly outlined the government’s plans to…
THIS EVENING: Gov’t announces strategy to spur private sector activity in the economy + Unemployment fell in Jan-March + Europe considers cap on natural gas prices
Good afternoon, friends, and welcome to a busy start to the week. We have some big news for you to…
Remittances from Egyptians abroad to grow 8% in 2022, says World Bank
It’s not all dim on the macro front: Remittances from Egyptian expats are expected to grow at a faster pace…
How an excel sheet, becomes a budget, then becomes the law of the land
Enterprise Explains: the state budget process: It’s that time of the year when the government looks to get its budget…
Rising inflation in Egypt is getting attention in the foreign press
Yesterday’s inflation figures are leading the conversation in the foreign press this morning. Reuters, Bloomberg and the Associated Press all…
EBRD downgrades regional growth outlook
EBRD downgrades regional growth forecasts as war continues in Ukraine: The European Bank for Reconstruction and Development (EBRD) downgraded its…
Urban inflation hits 13.1% in April amid global commodities spiral
Inflation rose to a near three-year high in April as rising food costs and the devaluation of the EGP in…
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