{"id":546703,"date":"2022-05-25T04:00:41","date_gmt":"2022-05-25T04:00:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/25\/egypts-food-fiscal-insecurity-is-getting-attention-in-the-foreign-press\/"},"modified":"2022-05-25T04:00:41","modified_gmt":"2022-05-25T04:00:41","slug":"egypts-food-fiscal-insecurity-is-getting-attention-in-the-foreign-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/25\/egypts-food-fiscal-insecurity-is-getting-attention-in-the-foreign-press\/","title":{"rendered":"Egypt\u2019s food + fiscal insecurity is getting attention in the foreign press"},"content":{"rendered":"

The global economic crisis and its impact on Egypt is in focus in the foreign press this <\/strong>morning: <\/strong>Egypt\u2019s balance of payments is vulnerable to the \u201cdouble shock\u201d of monetary tightening and the rise in global prices, and faces tighter capital controls if it does not agree a new financing package with the IMF, FX Empire<\/a> writes. Meanwhile, Reuters<\/a> reports that JPMorgan has classified Egypt as being highly vulnerable to fiscal and debt shocks over the longer-term, and Voice of America<\/a> is the latest foreign outlet to examine how rising food prices are impacting Egypt.<\/p>\n

Archiving the fading sounds of Cairo: <\/strong>Two Egyptians set out to record the sounds of the city as new infrastructure transforms the soundscape. (Washington Post<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"

The global economic crisis and its impact on Egypt is in focus in the foreign press this morning: Egypt\u2019s balance of payments is vulnerable to the \u201cdouble shock\u201d of monetary tightening and the rise in global prices, and faces tighter capital controls if it does not agree a new financing package with the IMF, FX […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[7419,104,72,565,210,182,349,262,180,149,392],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546703","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-culture","tag-economy","tag-enterpriseam","tag-food-security","tag-human-rights","tag-inflation","tag-interest-rates","tag-jpmorgan","tag-legislation","tag-religion","tag-senate","wpautop","entry"],"acf":{"mongo_id":"a5dc637f-caaa-40a4-ab01-d4ae8c5c3fec","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[546684],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s food + fiscal insecurity is getting attention in the foreign press - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/25\/egypts-food-fiscal-insecurity-is-getting-attention-in-the-foreign-press\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s food + fiscal insecurity is getting attention in the foreign press\" \/>\n<meta property=\"og:description\" content=\"The global economic crisis and its impact on Egypt is in focus in the foreign press this morning: Egypt\u2019s balance of payments is vulnerable to the \u201cdouble shock\u201d of monetary tightening and the rise in global prices, and faces tighter capital controls if it does not agree a new financing package with the IMF, FX […]\" \/>\n<meta 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\u2014 beyond the reach\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/02\/koshary-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570238,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/24\/strong-fx-reserves-fiscal-reform-to-mitigate-short-term-headwinds-on-egypts-external-account-fitch-ratings\/","url_meta":{"origin":546703,"position":1},"title":"Strong FX reserves, fiscal reform to mitigate short-term headwinds on Egypt\u2019s external account -Fitch Ratings","author":"enterpriseam admin","date":"24 March 2020","format":false,"excerpt":"Strong FX reserves, fiscal reform to mitigate short-term headwinds on Egypt\u2019s external account -Fitch Ratings: Strong international reserves and the government\u2019s fiscal reforms will help to mitigate the impact of the covid-19 shock on Egypt\u2019s credit position, but the fallout will nonetheless have a significant impact on the country\u2019s GDP\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/270.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544793,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/food-prices-still-topic-du-jour-in-the-foreign-press\/","url_meta":{"origin":546703,"position":2},"title":"Food prices still topic du jour in the foreign press","author":"enterpriseam admin","date":"21 March 2022","format":false,"excerpt":"The war in Ukraine and its effect on our wheat supply is continuing to get ink in the foreign press this morning: The Madbouly government\u2019s move to ban exports of key staples including wheat, flour and lentils for three months comes as more Arab nations veer towards food protectionism amid\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":586205,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/08\/jpmorgan-expects-an-imf-review-in-june-but-warns-on-medium-term-debt-outlook\/","url_meta":{"origin":546703,"position":3},"title":"JPMorgan expects an IMF review in June but warns on medium-term debt outlook","author":"enterpriseam admin","date":"8 May 2023","format":false,"excerpt":"JPM says the most likely scenario is that we reach a staff-level agreement on the pending review, unlocking fresh cash","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/407.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544643,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/the-commodity-price-shock-is-still-front-and-center-in-the-foreign-press\/","url_meta":{"origin":546703,"position":4},"title":"The commodity price shock is still front and center in the foreign press","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"The commodity price shock and its effect on Egypt\u2019s food supply is still dominating coverage in the foreign press: The Wall Street Journal, the Financial Times and Bloomberg all mention Egypt in their latest updates on how the Russia-Ukraine conflict is upending the global food supply.","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544907,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/27\/soaring-food-prices-is-continuing-the-dominate-proceedings-in-the-foreign-press\/","url_meta":{"origin":546703,"position":5},"title":"Soaring food prices is continuing the dominate proceedings in the foreign press","author":"enterpriseam admin","date":"27 March 2022","format":false,"excerpt":"The foreign press are still focusing on how the conflict in Ukraine is impacting us here at home: Bloomberg, CNN and Deutsche Welle are out with pieces looking at how ordinary Egyptians are struggling with rising food prices ahead of Ramadan.Why is the UAE investing that USD 2 bn? To\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546703"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546703\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546684"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546703"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546703"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}