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Are we entering the era of post-pandemic austerity?
Governments are widely scaling back massive fiscal programs that had helped push economies through covid — a trend that, contrary…
You win some…
The IMF expects Egypt’s economy to “rebound strongly” in FY2021-2022, with GDP coming in at 5.2%, according to a statement…
The end of times for the USD?
It’s Groundhog Day: There’s talk of the USD’s dominance being under threat as the global reserve currency. We know, we’ve…
IMF gives initial approval for final tranche of USD 5.2 bn standby loan
Egypt expects to unlock the third and final USD 1.6 bn tranche of its USD 5.2 bn IMF standby loan…
Egypt remains top carry trade as CBE leaves rates on hold
The Central Bank of Egypt (CBE) left rates on hold for a fourth consecutive meeting last Wednesday as policymakers looked…
What the markets are doing on 24 February 2021
El Erian asks: When is stimulus too much stimulus? The Fed needs to think about how to start winding down…
What’s going to keep MPs busy this year?
Your new House of Representatives will convene on Tuesday for its first session since elections were held late last year.…
Egypt ready to dole out more stimulus if covid-19 second wave hits
The government is prepared to dole out further stimulus should a second wave of covid-19 take hold in Egypt, Finance…
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