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This paper discusses Arab Republic of Egypt's Fifth Review Under the Extended Fund Facility (EFF). Macroeconomic …
Persistent link: https://www.econbiz.de/10012122715
This 2017 Article IV Consultation highlights that Egypt's reform program, supported by the Extended Fund Facility … widening current account deficit, declining gross international reserves and severe shortages of foreign exchange. Egypt … output and promote inclusive growth to create jobs for Egypt's young and growing population …
Persistent link: https://www.econbiz.de/10012109189
). The paper highlights that Egypt's macroeconomic situation has improved markedly since the initiation of the authorities …
Persistent link: https://www.econbiz.de/10012011332
Macroeconomic conditions have continued to improve during 2017/18, with external and fiscal deficits narrowing, inflation and unemployment declining, and growth accelerating. The near-term growth outlook is favorable, supported by the recovery in tourism and rising natural gas production, while...
Persistent link: https://www.econbiz.de/10011916062
uncertainty related to the pandemic and the pace of vaccinations. High public debt and large gross financing needs leave Egypt …
Persistent link: https://www.econbiz.de/10012604307
The COVID-19 pandemic has drastically disrupted people's lives, livelihoods, and economic conditions. Growth is expected to slow considerably in both 2019/20 and 2020/21 as tourism is at a standstill and domestic activity is expected to significantly slow. The external accounts are expected to...
Persistent link: https://www.econbiz.de/10012302784
The growth impact of the COVID-19 crisis has so far been less severe than expected, as strong consumption helped offset weak tourism and investment. Measures taken to address the health and social needs and support the sectors most directly affected by the crisis appear to have helped mitigate...
Persistent link: https://www.econbiz.de/10012439039
Persistent link: https://www.econbiz.de/10011460338
This paper discusses key issues related to the economy of the United Kingdom. The U.K. economy has performed well in recent years, but it faces important challenges and risks. In the near term, the largest risks and uncertainties relate to the upcoming European Union (EU) referendum. In the...
Persistent link: https://www.econbiz.de/10011675307
This paper aims to provide European Union (EU), while recognizing that the choice of whether to remain in the EU is for U.K. voters to make and that their decisions will reflect both economic and noneconomic factors. The question of EU membership is both a political and an economic issue, and...
Persistent link: https://www.econbiz.de/10011675339