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Egyptian Presidency Spokesperson Bassam Rady said, on Sunday, that Al-Sisi’s statements came during his meeting with Prime Minister Mostafa Madbouly, Minister of Finance Mohamed Maait, and Deputy Finance Minister for Financial Policies Ahmed Kouchouk.
During his meeting with the Swiss Ambassador in Cairo Paul Garnier on Thursday, Maait affirmed that the government is continuing with structural reforms in a way that makes it more capable of positively dealing with internal and external challenges.
The performance was outlined in detail in the Financial Monitor and Outlook for the World Economy Report for October 2020, issued last Thursday. The report reflected the positive results of Egypt’s successful experience in economic reform, which remains highly praised by international institutions.
IMF projects global growth of -4.4%, upward revision of 0.8% compared to June update
The research further established that about 40% of firms in Zambia were seeing a significant drop in revenues due to COVID-19 pandemic
Egyptian society has started making huge leaps on the matter of sexual harassment, with our honourable Prime Minister Mostafa Madbouly proposing new laws that aim to impose harsh punishment on those accused of sexual harassment
Earlier figures showed that UK GDP plunged by 20.4 percent in April compared with the previous month, hitting the biggest monthly fall since 1997
Germans, alone, last year spent what amounts to 26% of the European total expenditure on tourism, with 15 of 25 of their favorite destinations being outside of Europe,such asNorth America, the Caribbean and Australia, to name just a few.
Economic growth rate one of highest in world during time period covered, thanks to diverse economy
TSFE plans long-term investments in natural strategic champions, commercial investment opportunities abroad, says Soliman
Economic output in US is expected to fall 4.6%. GDP would decrease by 4.2% in Brazil, 3.4% in Russia and South Africa. Japan would experience 3.3% recession
Minister of Finance stresses harmony of fiscal, monetary policy in managing liquidity, maintaining economic reform path in Egypt
Among the Fed’s measures were details regarding its Main Street Lending Program and several other initiatives it is undertaking to support SMEs that were in good financial standing before the crisis
Egypt is first in emerging countries for debt reduction, second in budget surplus
Government’s promotion initiatives and improved security support tourism sector, says report
Inflation is likely to stay in single digits in 2020, so there is still scope for rates to fall further, possibly to 11.5% by 2020-end and 11% in early 2021.
Appreciation of currency, lower interest rates, price cuts across consumer goods, and stability of fuel costs
Egypt has been, and continues to be, a true land of hope and opportunities, and I was glad to be able to contribute a small part – as the EBRD Managing Director for the Southern and Eastern Mediterranean region and Head of Egypt – to some of the many positive changes that have taken place in the country.
Egypt could be part of the G20 powerful group of nations by 2050.
Fears of heightened competition, increased prices, and unexpected weakness in local currency
Measures to improve private investment should be prioritised in Egypt in 2020, says EBRD
Made in Africa workshop discusses the development of transport and communications infrastructure, says Nassar
What has quite apparently thus far so considerably delayed the implementation of the 23 June 2016 referendum’s results, are of course its economic implications over which no consensus seems to be reachable
Since then, the form of international economy has been effective in development plans. In 2016, the list of the ten largest companies in the world included nine companies working in the field of technology, although the energy companies were at the top of the list in 2006
From 20 to 22 November, authorities, businesspersons from both shores of the Mediterranean will meet to tackle the economic and social challenges of the region
Continued progress has been made in economic restructuring, aggregate demand and supply are basically in equilibrium, and growth has become more resilient, China’s central bank governor said.
This came during their participation in the conference titled “Egypt Can with Investment and Development” on Wednesday.
The summit will witness the presence of nearly 40 speakers and experts in several influential economic fields within the Egyptian society.
After taking a few months out to write a book on what we know about economic inequalities, I was struck by the enormous amount of research showing how harmful inequality is for people
Egypt best African country to invest in for 3rd year in a row, says report