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Gov’t revises downward Egypt’s GDP growth for next fiscal year
The government has revised downward its target GDP growth for FY2020-2021 to 3.5% from 4.5%, said Planning Minister Hala El…
Egypt’s reforms could shield the economy from covid-19 shocks -Moody’s
Egypt’s reforms could shield the economy from covid-19 shocks -Moody’s: Egypt’s track record of economic reform commitment and strong FX…
Can Africa imitate China’s rapid development?
Can Africa imitate China’s rapid development? Africa could harness its manpower and natural resources to generate massive economic growth, the…
The coronavirus will trigger the worst global recession since the Great Depression; in MENA, only Egypt’s economy will grow this year –IMF
The coronavirus will trigger the worst global recession since the Great Depression, the IMF predicts: The world is facing its…
FinMin leaves FY2020-2021 GDP growth figures unchanged from pre-covid expectations
BUDGET WATCH- In a climate of global uncertainty, the Finance Ministry is leaving its projection for FY2020-2021 GDP growth unchanged…
IIF downgrades Egypt’s 2020 growth forecast to 2.7%
IIF downgrades Egypt’s 2020 growth forecast to 2.7%: The Institute of International Finance (IIF) has revised downward its projection for…
Egypt cuts GDP growth forecast to 5.1% from 5.6% in FY 2019-2020
Gov’t revises downwards economic growth forecast this fiscal year to 5.1%: The government has cut its GDP growth forecast for…
Business activity in US, Europe sucker punched as manufacturing and services suffer record blow
Business activity in US, Europe sucker punched as manufacturing and services suffer record blow: Business activity has hit record lows…
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