{"id":665557,"date":"2025-05-20T00:00:00","date_gmt":"2025-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/"},"modified":"2025-05-20T00:00:00","modified_gmt":"2025-05-20T00:00:00","slug":"the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/","title":{"rendered":"The top ten takeaways from day one of the IMF MENA Research Conference"},"content":{"rendered":"

Cairo hosted<\/strong> the International Monetary Fund\u2019s (IMF) first-ever <\/strong>MENA Research<\/a><\/strong>Conference<\/a><\/strong> this week<\/strong>, which featured big names talking about even bigger topics. Day one of the two-day conference (watch, runtime; 7:50:27<\/a>) brought together academics, researchers, and policymakers to discuss regional and global economic issues. Not all of us have a spare eight hours to catch up with what happened on day one, so we put together the top ten key takeaways to get you up to speed:<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

#1- Global headwinds complicate MENA\u2019s path: <\/strong>The global economic landscape is fraught with \u201ctrade tensions and increasing uncertainty,\u201d alongside ongoing regional conflicts and climate risks, creating new layers of complexities for MENA policymakers, said IMF MENA and Central Asia Director Jihad Azour.<\/p>\n

#2- The region\u2019s<\/strong> highly indebted countries fac<\/strong>e an unsustainable financial path: <\/strong>Policymakers, academics, and IMF bigwigs all warned that the current financial trajectory for highly indebted middle-income countries is unsustainable in the MENA region \u2014 including Egypt as a prime example. Lebanese economist Ishaq Diwan explained that \u201cthe current financial path is unsustainable. If we continue in these countries on the same path, there's financial disaster \u2014 we run into a wall\u201d. <\/p>\n

#3- Policy makers face a \u201cfiscal trilemma\u201d: <\/strong>Countries are struggling to simultaneously achieve growth and development goals, ensure debt sustainability, and avoid crossing political red lines, but countries can only effectively choose two of these, IMF Chief Economist Pierre Olivier Gourinchas said.<\/p>\n

#4- Growth is the only stable solution for the region: <\/strong>The consensus among some experts is that the only stable and long-term solution to the region's fiscal and social challenges is to ignite significant growth. This requires a shift in strategy beyond fiscal adjustments. Many MENA countries, including Egypt, have experienced a lost decade of slow growth and rising debt, which \u201cfiscal adjustment alone is not sufficient\u201d to fix, according to Diwan. Instead, Diwan proposed that a fundamental shift toward a growth-oriented model, potentially with international support, is imperative.<\/p>\n

#5- Structural reforms, not just fiscal policy, are key to growth:<\/strong> The IMF's view, shared by some panelists, is that achieving sustainable growth primarily depends on structural reforms that improve resource allocation and productivity in the medium term, rather than relying on fiscal policy itself to directly stimulate growth. Gourinchas explained that \u201cwhen we talk about growth, it seems to me it's not so much about fiscal policy per se but about structural reforms \u2014 it's about the things that will improve resources and productivity in the medium term.\u201d<\/p>\n

#6- Egypt's high debt service burden and market skepticism: <\/strong>Although Egypt is embarking on a plan to significantly cut the amount it allocates to debt servicing through improving the country\u2019s creditworthiness to borrow for less and restructuring debt, alongside a fall in global interest rates, Diwan warns that investors appear unconvinced. The differences in yields between Egyptian bonds on one hand and US and European bonds on the other point toward a continued belief that Egypt will remain a risky wager with the higher interest rates to match.<\/p>\n

#7- Egypt is crowding out of private sector credit: <\/strong>Egypt was presented as a \u201cclassical case\u201d where increasing government borrowing has led to a continuous decrease in credit available to the private sector, hindering its potential dynamism and contributing to low investment levels, said AUC Economics Professor and former <\/font>Deputy Planning Minister Ahmed Kamaly.<\/p>\n

#8- Egypt's industrialization hopes tied to regional integration: <\/strong>Panelists emphasized that for nations like Egypt to realize ambitious industrial policy goals and economic diversification, deeper regional coordination is paramount. \u201cWithout some kind of regional coordination there is a glass ceiling in terms of what can be achieved,\u201d argued economist and academic Amir Lebdioui, highlighting the need to overcome individual market size constraints and leverage complementary strengths across MENA. This sentiment was echoed by fellow economist and academic El Mouhoub Mouhoud, who pointed to intra-regional trade transaction costs being \u201cfour times higher than trade between MENA countries and Europe,\u201d suggesting that greater integration, potentially driven by GCC leadership, could help drive Egypt's economic development.<\/p>\n

#9- <\/strong>Act preemptively, don't wait when it comes to inflation: <\/strong>Central banks across the region were generally \u201ctoo slow\u201d to react to the recent global inflation surge, said economist and academic Kristin Forbes. The key lesson is for monetary authorities to \u201cact preemptively\u201d and focus not just on the inflation peak but the \u201cduration of deviations.\u201d<\/p>\n

#10- Lessons from Egypt's past industrial policy and the need for a new approach: <\/strong>Egypt's historical experience with industrial policy, such as targeting labor-intensive sectors like ready-made garments, which still faced competitiveness issues, was brought up. This highlights the need for any new industrial strategy to carefully identify latent comparative advantages and avoid past pitfalls of insufficient protection or coordination, a theme resonating with expert calls for smarter, targeted state facilitation.<\/p>\n

ALSO- IMF Deputy Managing Director Nigel Clarke <\/strong>dropped by<\/a><\/strong> the Lynx Forum <\/strong>on Sunday during his trip to the country to accompany the Fund delegation in town for its fifth review of Egypt\u2019s Extended Fund Facility Arrangement. Clarke discussed the ongoing structural reforms, the challenges facing the private sector, and more with Lynx and senior executives from energy, banking, fintech, telecom, healthcare, F&B, automotive, and engineering sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"

MENA policymakers have a difficult path ahead, said IMF MENA and Central Asia Director Jihad Azour<\/p>\n","protected":false},"author":1,"featured_media":665558,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7206],"tags":[104,72,272,182,349],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-665557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-enterpriseam","tag-imf","tag-inflation","tag-interest-rates","wpautop","entry"],"acf":{"mongo_id":"29cec0b7-5393-420b-864c-d1bc83273711","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/1612.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The top ten takeaways from day one of the IMF MENA Research Conference","related_issue":[665539],"teaser":"MENA policymakers have a difficult path ahead, said IMF MENA and Central Asia Director Jihad Azour","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.5fd68218-775a-4279-9fb9-e3a801c74c13.mp3"},"yoast_head":"\nThe top ten takeaways from day one of the IMF MENA Research Conference - 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\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The top ten takeaways from day one of the IMF MENA Research Conference\" \/>\n<meta property=\"og:description\" content=\"MENA policymakers have a difficult path ahead, said IMF MENA and Central Asia Director Jihad Azour\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-20T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The top ten takeaways from day one of the IMF MENA Research Conference\",\"datePublished\":\"2025-05-20T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/\"},\"wordCount\":912,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"IMF\",\"inflation\",\"interest rates\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/\",\"name\":\"The top ten takeaways from day one of the IMF MENA Research Conference - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-05-20T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The top ten takeaways from day one of the IMF MENA Research Conference\"}]},{\"@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":"The top ten takeaways from day one of the IMF MENA Research Conference - 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\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/","og_locale":"en_US","og_type":"article","og_title":"The top ten takeaways from day one of the IMF MENA Research Conference","og_description":"MENA policymakers have a difficult path ahead, said IMF MENA and Central Asia Director Jihad Azour","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-05-20T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The top ten takeaways from day one of the IMF MENA Research Conference","datePublished":"2025-05-20T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/"},"wordCount":912,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1","keywords":["economy","EnterpriseAM","IMF","inflation","interest rates"],"articleSection":["Economy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/","name":"The top ten takeaways from day one of the IMF MENA Research Conference - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1","datePublished":"2025-05-20T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/the-top-ten-takeaways-from-day-one-of-the-imf-mena-research-conference\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"The top ten takeaways from day one of the IMF MENA Research Conference"}]},{"@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\/2025\/5\/1612.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1612.jpg?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\/2025\/5\/1612.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":556338,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/20\/uneven-post-covid-recovery-threatens-mena-regions-imf\/","url_meta":{"origin":665557,"position":0},"title":"Uneven post-covid recovery threatens MENA regions \u2013IMF","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 despite progress made in the region since the start of the year and a slightly more optimistic growth outlook, the IMF said in an update to its Regional Economic Outlook for the Middle East and Central Asia.\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556144,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/13\/inequality-threatens-pandemic-recovery-imf-says-in-its-latest-global-outlook\/","url_meta":{"origin":665557,"position":1},"title":"Inequality threatens pandemic recovery, IMF says in its latest global outlook","author":"enterpriseam admin","date":"13 October 2021","format":false,"excerpt":"The global recovery is bruised, but not broken: The IMF slightly downgraded its projection for global growth in 2021 to 5.9% in its October World Economic Outlook report (pdf) \u2014 down a slim 0.1 percentage points from 6% in its last update in July. The international lender held its growth\u2026","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\/2021\/10\/142.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572919,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/imf-lowers-mena-growth-forecasts-in-2020-due-to-persisting-uncertainty\/","url_meta":{"origin":665557,"position":2},"title":"IMF lowers MENA growth forecasts in 2020 due to persisting uncertainty","author":"enterpriseam admin","date":"14 July 2020","format":false,"excerpt":"The IMF slashed its 2020 GDP forecast for the MENA region, penciling in a 5.7% contraction for the year in its July update of its regional economic outlook for the Middle East and Central Asia. The fund had expected a 3.3% contraction for the region in April but has revised\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\/7\/99.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":665463,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/19\/its-the-second-and-last-day-of-the-imfs-mena-research-conference\/","url_meta":{"origin":665557,"position":3},"title":"It\u2019s the second and last day of the IMF\u2019s MENA Research Conference","author":"enterpriseam admin","date":"19 May 2025","format":false,"excerpt":"Good morning, friends. We have a pretty heavy news day for you led by investment news \u2014 Sovereign Fund of Egypt\u2019s Ayman Soliman and Ihab Rizk\u2019s newly-launched Morpho Investments reached USD 55 mn first close of its inaugural fund. We also dive into the latest on the anticipated electricity price\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1497.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570803,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/the-coronavirus-will-trigger-the-worst-global-recession-since-the-great-depression-in-mena-only-egypts-economy-will-grow-this-year-imf\/","url_meta":{"origin":665557,"position":4},"title":"The coronavirus will trigger the worst global recession since the Great Depression; in MENA, only Egypt\u2019s economy will grow this year \u2013IMF","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"The coronavirus will trigger the worst global recession since the Great Depression, the IMF predicts: The world is facing its greatest economic crisis since the Great Depression as output plummets at a record pace in response to the \u201cGreat Lockdown\u201d put in place to contain covid-19, the IMF warned yesterday.\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\/4\/138.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":665557,"position":5},"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 "THE MACRO PICTURE"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/665557","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=665557"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/665557\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/665539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/665558"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=665557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=665557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=665557"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=665557"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=665557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}