How has the currency flotation affected Egypt’s economy?
Egypt Economy
Displaying 13 - 18 of 40
Economic update | Egypt: Year in Review 2017
5 Jan 2018
Improved performance in Egypt’s key sectors, tighter fiscal management and increased capital inflows drove an economic rebound last year, with growth expected to accelerate further in 2018.
Economic update | More funding in the pipeline as Egypt’s economic reforms yield results
31 Oct 2017
Egypt is continuing its programme of fiscal consolidation, exchange rate liberalisation and pro-investment reform, with the country expected to receive another multibillion-dollar tranche of funds from creditors following a year-end review.
Egypt’s long-awaited investment law is set to be implemented in the coming months, potentially catalysing further growth in recovering foreign direct investment (FDI).
More details have emerged regarding Egypt’s ambitious programme of economic reform, as the country remains on course to receive the next allocation of a $12bn loan from the IMF to support its efforts.
