{"id":630343,"date":"2018-04-18T04:14:41","date_gmt":"2018-04-18T04:14:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/"},"modified":"2018-04-18T04:14:41","modified_gmt":"2018-04-18T04:14:41","slug":"euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/","title":{"rendered":"Euler Hermes upgrades Egypt\u2019s risk rating, forecasts 5.2% growth this year"},"content":{"rendered":"

Euler Hermes upgrades Egypt\u2019s risk rating, forecasts 5.2% growth this year:<\/strong> Euler Hermes has upgraded Egypt\u2019s risk rating to C2 from C3 in its 1Q2018 review<\/a>, and expects the economy to deliver<\/a> 5.2% growth during the current fiscal year. Growth is expected to be more broadly based, with exports rising 10% throughout the year at the same times as inflation continues to decelerate. Egypt\u2019s reform measures are still yielding positive results including strong foreign inflows, the credit insurance agency notes. \u201cThere were winners and losers in the short-run. Local manufacturers were among the winners<\/strong>, gaining market share since the lower EGP improved export competitiveness and was a powerful import diverter. But consumer-related sectors were hit by higher inflation.\u201d On the flipside, the firm notes the \u201cuncertain\u201d and \u201cprotracted\u201d political transition, regional instability, and persistently high poverty rates among our weaknesses.<\/p>\n","protected":false},"excerpt":{"rendered":"

Euler Hermes upgrades Egypt\u2019s risk rating, forecasts 5.2% growth this year: Euler Hermes has upgraded Egypt\u2019s risk rating to C2 from C3 in its 1Q2018 review, and expects the economy to deliver 5.2% growth during the current fiscal year. Growth is expected to be more broadly based, with exports rising 10% throughout the year at […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630343","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f3ccda1f-6dfb-48c3-ba9f-6d57e74d68e7","order":"0","is_powered_by":true,"section_story_id":"89b1530f-7777-463d-9a2e-1414ff12f035","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630331],"teaser":"","voice_url":""},"yoast_head":"\nEuler Hermes upgrades Egypt\u2019s risk rating, forecasts 5.2% growth this year - 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\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euler Hermes upgrades Egypt\u2019s risk rating, forecasts 5.2% growth this year\" \/>\n<meta property=\"og:description\" content=\"Euler Hermes upgrades Egypt\u2019s risk rating, forecasts 5.2% growth this year: Euler Hermes has upgraded Egypt\u2019s risk rating to C2 from C3 in its 1Q2018 review, and expects the economy to deliver 5.2% growth during the current fiscal year. Growth is expected to be more broadly based, with exports rising 10% throughout the year at […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-18T04:14:41+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Euler Hermes upgrades Egypt\u2019s risk rating, forecasts 5.2% growth this year\",\"datePublished\":\"2018-04-18T04:14:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/\"},\"wordCount\":151,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/euler-hermes-upgrades-egypts-risk-rating-forecasts-5-2-growth-this-year\/\",\"name\":\"Euler Hermes upgrades Egypt\u2019s risk rating, forecasts 5.2% growth this year - 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