{"id":597724,"date":"2019-05-02T04:11:11","date_gmt":"2019-05-02T04:11:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/"},"modified":"2019-05-02T04:11:11","modified_gmt":"2019-05-02T04:11:11","slug":"egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/","title":{"rendered":"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt"},"content":{"rendered":"<p><b>Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt:<\/b> Egypt\u2019s projected GDP growth rate is expected to outstrip the average among oil importing countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) over the next two years, the IMF said in its <a href=\"https:\/\/ent.news\/2019\/4\/2272.pdf\">April 2018 Regional Economic Outlook (pdf)<\/a>. According to the report, GDP growth across MENAP oil importers is expected to average at 3.6% and 3.2% in 2019 and 2020, respectively. Egypt, meanwhile, is expected to see its GDP grow 5.5% and 5.9% during this period, according to IMF figures.<\/p>\n<p><b>Export growth in Egypt \u201cis expected to remain strong\u201d on the back of new natural gas discoveries and recovering tourism<\/b> (with the aid of a low base effect), despite regional export growth being projected to slow to 7% and 6.5% in 2019 and 2020, respectively. Jordan is also expected to see its export growth picking up over the coming period, but the regional trend will be driven downwards \u201cdue to weaker demand in key trading partners.\u201d<\/p>\n<p><b>Inflation remains an issue:<\/b> An expected spike in inflation figures in Egypt as a result of the next wave of fuel subsidy reform in the summer is projected to accelerate regional inflation to 11.3% this year. Pakistan\u2019s weakening exchange rate is also anticipated to contribute to higher inflation levels across the region. Pharos Holdings <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/11\/annual-headline-inflation-eases-slightly-in-march\/\">has previously said<\/a> it anticipates inflation averaging 14-14.5% for the rest of the year, before falling slightly to 13.3% by the end of December. EFG Hermes expects inflation to sit at 14% in May and cool gradually to c. 10% by the end of the year.<\/p>\n<p><b>Debt is also still weighing on Egypt\u2019s economic wellbeing \u2014 but it\u2019s the same across oil importers<\/b>. According to the report, public debt in most oil importers across the MENAP region is \u201cwell above the emerging market threshold,\u201d including Egypt, Jordan, Lebanon, and Sudan, all of which have public debt levels north of 80% of GDP. Egypt will also have a little more than <b>USD 12 bn (the equivalent of around 5% of GDP) of external debt maturing in FY2019-20<\/b>, the IMF notes. \u201cThis presents an increasingly difficult choice for policymakers as they weigh rebuilding buffers to strengthen resilience to near-term risks against addressing challenges to growth. High public debt limits options for fiscal policy to help offset the impact of weaker external demand on near-term growth,\u201d and leaves governments with inadequate breathing room to invest in key areas such as health, education, and a \u201csustainable safety net.\u201d<\/p>\n<p><b>This all comes in the midst of significant regional and global headwinds<\/b>, including volatile global financial conditions, continued trade tensions between the US and China, and increased uncertainty as a result of volatile oil prices. These factors, the IMF notes, \u201camplify the challenges faced by policymakers in their efforts to support growth.\u201d Unrest across the region is also creating economic uncertainty, with protests reaching \u201can all-time record in Sudan.\u201d On the flipside, Morocco, Egypt, and Lebanon have seen \u201cfor different reasons, fewer reported expressions of social discontent than in the recent past.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt: Egypt\u2019s projected GDP growth rate is expected to outstrip the average among oil importing countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) over the next two years, the IMF said in its April 2018 Regional Economic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":597725,"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":[8572],"tags":[104,72,348,272,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-economy","tag-enterpriseam","tag-gdp","tag-imf","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3d090d62-04c6-4841-b9ba-fb8a68a94cae","is_powered_by":true,"section_story_id":"b6712d1b-02ac-4d8a-a922-9c1c42bbf2fa","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/4\/634.png","photo_position":"above","related_issue":[597707],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt - 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\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt\" \/>\n<meta property=\"og:description\" content=\"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt: Egypt\u2019s projected GDP growth rate is expected to outstrip the average among oil importing countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) over the next two years, the IMF said in its April 2018 Regional Economic [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-02T04:11:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt\",\"datePublished\":\"2019-05-02T04:11:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/\"},\"wordCount\":517,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"GDP\",\"IMF\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/\",\"name\":\"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1\",\"datePublished\":\"2019-05-02T04:11:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/","og_locale":"en_US","og_type":"article","og_title":"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt","og_description":"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt: Egypt\u2019s projected GDP growth rate is expected to outstrip the average among oil importing countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) over the next two years, the IMF said in its April 2018 Regional Economic [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-05-02T04:11:11+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt","datePublished":"2019-05-02T04:11:11+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/"},"wordCount":517,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1","keywords":["economy","EnterpriseAM","GDP","IMF","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/","name":"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1","datePublished":"2019-05-02T04:11:11+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/egypt-outperforms-regional-oil-importers-on-gdp-export-growth-lags-behind-in-containing-inflation-and-debt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt outperforms regional oil importers on GDP, export growth; lags behind in containing inflation and debt"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/634.png?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":594404,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypt-still-expected-to-outperform-ems-regional-oil-importers-on-gdp-but-debt-pressure-is-acute-imf-says\/","url_meta":{"origin":597724,"position":0},"title":"Egypt still expected to outperform EMs, regional oil importers on GDP, but debt pressure is \u201cacute,\u201d IMF says","author":"enterpriseam admin","date":"29 October 2019","format":false,"excerpt":"Egypt still expected to outperform EMs, regional oil importers on GDP, but debt pressure is \u201cacute,\u201d IMF says: GDP growth across MENAP oil importers is expected to average at 3.6% in 2019 and 3.7% in 2020, the IMF said in its October 2019 Regional Economic Outlook (pdf). When excluding Pakistan\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/10\/1549.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598872,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/11\/standard-chartered-gives-thumbs-up-to-egypts-economic-reform-program\/","url_meta":{"origin":597724,"position":1},"title":"Standard Chartered gives thumbs up to Egypt\u2019s economic reform program","author":"enterpriseam admin","date":"11 June 2019","format":false,"excerpt":"Standard Chartered gives thumbs up to Egypt\u2019s economic reform program: Egypt will be the only oil-importing Middle East, North Africa, and Pakistan (MENAP) economy to see accelerating economic growth in the coming years, Standard Chartered has said in a report. The British bank predicts anaemic growth in other MENAP oil-importers,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1541.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628409,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/imfs-regional-economic-outlook-sees-gas-production-propping-up-egypts-gdp-growth\/","url_meta":{"origin":597724,"position":2},"title":"IMF\u2019s regional economic outlook sees gas production propping up Egypt\u2019s GDP growth","author":"enterpriseam admin","date":"3 May 2018","format":false,"excerpt":"Rising natural gas production in Egypt will help bump GDP growth to 5.2% this year and 5.5% in 2019, the IMF said in its Regional Economic Outlook May 2018 report. \u201cThe outlook for Egypt has improved relative to the October 2017 forecast. In the context of its IMF-supported program, improving\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2646.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549945,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/word-bank-raises-its-growth-forecast-for-mena-and-praises-egypts-resolve-to-control-inflation\/","url_meta":{"origin":597724,"position":3},"title":"Word Bank raises its growth forecast for MENA and praises Egypt\u2019s resolve to control inflation","author":"enterpriseam admin","date":"9 October 2022","format":false,"excerpt":"The World Bank expects Egypt\u2019s economy to grow at a 4.8% clip in FY 2022-2023, according to its October MENA Economic Update (pdf). The forecast marks a downward revision of 0.2 percentage points from its April forecast (pdf), when the bank expected Egypt to grow 5.0% during the current fiscal\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/151.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556832,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/20\/uneven-mena-vaccine-rollouts-threaten-regional-recovery-imf-regional-economic-outlook\/","url_meta":{"origin":597724,"position":4},"title":"Uneven MENA vaccine rollouts threaten regional recovery - IMF Regional Economic Outlook","author":"enterpriseam admin","date":"20 October 2021","format":false,"excerpt":"The post-covid recovery in Egypt and MENA continues to be \u201cuneven and incomplete\u201d with countries that had made strong progress in vaccination (including Joran, Morocco and Tunisia) likely to recover quicker than those with more sluggish rollouts, like Egypt, the IMF said in its latest Regional Economic Outlook (pdf). Though\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/450.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598689,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/02\/finmin-to-set-new-medium-term-economic-targets-as-global-macro-headwinds-build\/","url_meta":{"origin":597724,"position":5},"title":"FinMin to set new medium-term economic targets as global macro headwinds build","author":"enterpriseam admin","date":"2 June 2019","format":false,"excerpt":"EXCLUSIVE- FinMin to set new medium-term economic targets as global macro headwinds build: The Finance Ministry is on track to specify \u201cmore realistic\u201d medium-term targets for Egypt\u2019s key macro indicators in light of a challenging outlook for global growth and volatility in emerging markets, according to official documents seen by\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/773.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597724","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=597724"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597724\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/597725"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597724"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597724"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}