{"id":632520,"date":"2018-02-13T04:10:55","date_gmt":"2018-02-13T04:10:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/13\/lagarde-praises-egypts-courage-points-to-5-growth-and-benefits-for-the-people-from-big-stabilization\/"},"modified":"2018-02-13T04:10:55","modified_gmt":"2018-02-13T04:10:55","slug":"lagarde-praises-egypts-courage-points-to-5-growth-and-benefits-for-the-people-from-big-stabilization","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/13\/lagarde-praises-egypts-courage-points-to-5-growth-and-benefits-for-the-people-from-big-stabilization\/","title":{"rendered":"Lagarde praises Egypt\u2019s \u201ccourage,\u201d points to 5% growth and \u201cbenefits for the people\u201d from \u201cbig stabilization\u201d"},"content":{"rendered":"

<\/a> IMF Managing Director Christine Lagarde singled out Egypt in her praise of the \u201ccourage\u201d Arab countries have shown in implementing economic reforms<\/strong>, according to CNBC<\/a>. \u201cIf we look at Egypt, which has gone through a really tough time, and where the Egyptian people have shown courage, and the Egyptian leader, courage \u2014 we have seen growth up more than 5 percent,\u201d said Lagarde at the World Government Summit in Dubai. \u201cWhen you see inflation going down, when you see [capital] coming back into the country, investors looking at Egypt as a good risk in which to set up new companies and create jobs, that's the response,\u201d she said.<\/p>\n

\u201cBig stabilization in Egypt is going to give rise to benefits for the people.<\/strong> And in all circumstances, whether it's in Egypt, Jordan, Tunisia and all places we think of as difficult situations, we are very attentive that there be a social basis so that people who are at risk, people who are underprivileged, people who are exposed, have sufficient benefits to actually cope with the situation,\u201d she added.<\/p>\n

Lagarde warned, however, that changes in the world economy and energy prices mean that many countries across the Arab world need to undergo significant changes<\/strong> in order to survive.<\/p>\n","protected":false},"excerpt":{"rendered":"

IMF Managing Director Christine Lagarde singled out Egypt in her praise of the \u201ccourage\u201d Arab countries have shown in implementing economic reforms, according to CNBC. \u201cIf we look at Egypt, which has gone through a really tough time, and where the Egyptian people have shown courage, and the Egyptian leader, courage \u2014 we have seen […]<\/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-632520","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0860d0be-0188-4166-a33a-a7ff7a506851","order":"0","is_powered_by":true,"section_story_id":"765ea42b-415d-4399-8efb-5afdf4568494","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632509],"teaser":"","voice_url":""},"yoast_head":"\nLagarde praises Egypt\u2019s \u201ccourage,\u201d points to 5% growth and \u201cbenefits for the people\u201d from \u201cbig stabilization\u201d - 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