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The local wheat harvest isn’t costing as much as we expected
We’re spending less on local wheat than previously thought: The government has so far paid EGP 8.5 bn for some…
India bans wheat exports to all except “vulnerable countries”
India has joined the growing wave of food protectionism and banned wheat exports amid surging local prices and a severe…
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…
THIS MORNING: Worst day for global stocks since June 2020; It’s inflation day here in Egypt
Good morning, friends, and happy hump day. We have a really packed issue for you today, so let’s jump right…
Some good news on the wheat front
WATCH THIS SPACE- We could be getting Ukrainian wheat through Polish and Lithuanian seaports: Polish President Andrzej Duda will visit…
Inflation could hit 17% this year on the back of the devaluation, food prices –Goldman
Inflation could rise to 17% this year, “but most of it is transient,” says Goldman Sachs: Inflation could climb as…
Support talks with IMF reach technical stage as lender pinpoints key reforms + The Fund expects uneven recovery in the Middle East
Talks between Egypt and the IMF on a fresh support package have reached the “technical stage,” Jihad Azour, the multilateral…
The 2022 IMF + World Bank Spring Meetings have ended: Here are the key takeaways
RECAP — The IMF / World Bank Spring: The war in Ukraine and ensuring food security in developing countries stole…
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