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Maait presents medium term fiscal targets
Egypt’s tax revenues are expected to hit EGP 862 bn in FY2020-2021, up from EGP 676.8 bn last fiscal year,…
Egypt’s GDP to grow 2.8% this FY + IMF is out with a more optimistic global forecast
Egypt’s economy will grow at a 2.8% clip in FY2020-2021, according to a Reuterspoll of economists. This is a downwards…
What the markets are doing on 19 January 2021
China smashed 2020: China’s economy is growing at a faster rate than before covid, expanding 6.5% and marking the highest…
Foreign holdings near pre-covid peak
Foreign investment in EGP bonds has continued to rebound through the beginning of 2021, with total holdings now standing at…
Cloudy with a chance of…
EXCLUSIVE- Expect to see revised GDP growth targets for the current fiscal year sometime this month as the Finance Ministry…
Citi bullish on Egypt
GDP to return to pre-pandemic levels next year -Citi: Egypt’s economy is expected to grow by 4.6% in FY2020-2021 and…
What the markets are doing on 9 December 2020
The EGX30 rose 0.2% yesterday on turnover of EGP 1.6 bn (27.4% above the 90-day average). Foreign investors were net…
Egypt’s budget deficit down, remittances up
Egypt’s budget deficit shrank to EGP 134.9 bn, equivalent to 2.1% of GDP in 1Q2020-2021 compared to 2.3% during the…
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