---- will be a positive year for the Egyptian economy as the currency stabilises and investment returns to the county. The fiscal and net export position will improve significantly on the back of fuel subsidy reform. ...Hikes to domestic energy prices will push consumer price inflation back into double digits by the end of the year. Egypt s geopolitical importance will ensure that even if an IMF agreement is delayed for longer than expected, further foreign aid commitments will materialise around the turn of the year. Western powers such as the US and EU have an interest in ensuring the North African country does not experience a more pronounced economic and political crisis. ...Western powers such as the US and EU have an interest in ensuring the North African country does not experience a more pronounced economic and political crisis.
...Egypt s economic growth will pick up over the coming quarters, how- ever a beleaguered tourism sector and only marginal growth in fixed investment will mean growth is far below potential and will do little to have a notable impact on unemployment. ...� Relative political stability and the notional return to a andmakeanIMFdeallikelyin----. Egypt s economy will see marginal rises in growth over the on par with the early ----s at - -- is off the cards until ---- at the earliest. Growth will be increasingly driven by tradeandcurrentaccountdeficits. Labour law, and resolve the outstanding --- investor cases couldbolsterinvestmentactivitynextyear.
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