{"id":649890,"date":"2017-03-12T04:13:43","date_gmt":"2017-03-12T04:13:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/the-economist-lauds-egypts-economic-reforms\/"},"modified":"2017-03-12T04:13:43","modified_gmt":"2017-03-12T04:13:43","slug":"the-economist-lauds-egypts-economic-reforms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/the-economist-lauds-egypts-economic-reforms\/","title":{"rendered":"The Economist lauds Egypt\u2019s economic reforms"},"content":{"rendered":"

The Sisi administration\u2019s economic reform agenda is getting some overdue<\/strong>recognition from The Economist.<\/strong> In a piece headlined \u201cEgypt\u2019s economy shows signs of life<\/a>,\u201d the newspaper (as it insists on calling itself) runs down all the positive steps that have led foreign investors to eye Egypt\u2019s economy, including the devaluation, subsidy cuts, and the eurobond issuance. It stresses, however, that Egypt has a long way to go, with Emirates NBD\u2019s PMI showing non-oil activity decreasing for the 17th straight month, inflation rising, and red tape continuing to be an obstacle to investment. It cites Juhayna\u2019s losses as typical of troubles local firms face and warns that investors will be looking for signs that the government is backtracking on reforms either because of popular opposition or because Zohr coming online eases pressure. The Economist concludes on a positive note that the bitter medicine is starting to work, a far cry from its hatchet job last summer<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Sisi administration\u2019s economic reform agenda is getting some overduerecognition from The Economist. In a piece headlined \u201cEgypt\u2019s economy shows signs of life,\u201d the newspaper (as it insists on calling itself) runs down all the positive steps that have led foreign investors to eye Egypt\u2019s economy, including the devaluation, subsidy cuts, and the eurobond issuance. […]<\/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":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649890","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"3b0ae342-a294-446d-b468-f3d33f176e0a","order":"0","is_powered_by":true,"section_story_id":"d73ec4ff-8643-4a8d-9ff8-3b81a3e1a1bb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649861],"teaser":"","voice_url":""},"yoast_head":"\nThe Economist lauds Egypt\u2019s economic reforms - 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\/2017\/03\/12\/the-economist-lauds-egypts-economic-reforms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Economist lauds Egypt\u2019s economic reforms\" \/>\n<meta property=\"og:description\" content=\"The Sisi administration\u2019s economic reform agenda is getting some overduerecognition from The Economist. 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The AFP tries its very best to make that case, but ultimately can\u2019t deliver. \u201cEgypt\u2019s economic recovery will come with a lag, until the government follows through on reform policies\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":614530,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/04\/all-about-the-economy-in-the-foreign-press\/","url_meta":{"origin":649890,"position":4},"title":"All about the economy in the foreign press","author":"enterpriseam admin","date":"4 February 2024","format":false,"excerpt":"Egypt\u2019s coverage in the international press is still all about the economy, with\u00a0The Economist\u00a0saying that the country is too big to fail and the world should bail it out again even though previous economic reforms didn\u2019t turn out as planned. \u201cThe wider Middle East, already burning, cannot afford a conflagration\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\/2024\/1\/2790.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593621,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/03\/investors-fear-protests-could-undermine-economic-reforms\/","url_meta":{"origin":649890,"position":5},"title":"Investors fear protests could undermine economic reforms","author":"enterpriseam admin","date":"3 October 2019","format":false,"excerpt":"Some investors fear walk-back of economic reforms: Investors are concerned that the Egyptian government could resort to populist measures in response to the recent protests \u2014 measures that could derail progress on economic reform, Reuters reports. 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