Egypt Economy

Given the recent adverse global developments – and as a continuation of the national structural reform programme first initiated in 2016 – the government of Egypt has undertaken several key reforms aimed at alleviating the impact of inflation while ensuring the economy remains stable.

In an implementation of presidential directives, the support and social protection allocations have been increased to LE356bn ($22.6bn) in the new draft general budget. The Covid-19 pandemic and the challenges brought about by the war in Ukraine have created an unprecedented inflationary wave. This initiative will support the sectors and groups most affected by the current...

The UN Sustainable Development Goals (SDGs) that the international community approved are a comprehensive framework through to 2030 to achieve the welfare and prosperity of all people. Egypt’s pursuit to realise the SDGs has gained increased importance in an environment that compels us to face extremely difficult international challenges. The Covid-19 pandemic added to these...

Pandemics require the world to unite and act promptly to curb the spread of diseases and find vaccines. Vaccines must be available to everyone when they are developed, because protecting humanity against such health threats is the responsibility of the world as a whole. Since the beginning of the Covid-19 crisis, Egypt has provided assistance...