Net capital flows including E&O in Egypt to reach $7.3bn by end of 2019
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Risks are tilted to downside due to less supportive external environment, says IIF
Notably, China’s share of inbound FDI rose steadily from 5.4% in 2013 to 10.5% in 2017.
“We expect growth in US crude oil production to decelerate from 1.6m bpd in 2018 to 1.3m bpd in 2019, 0.9m bpd in 2020,” says IIF
The state’s household debt to the GDP slightly decreased to 7.2% in Q1 of 2019, compared to 7.4% in the same period of 2018, the report added.
Equity, debt inflows reach $8bn, $18bn, respectively
Average growth in MENAP forecasted to decelerate slightly to 2.2% in 2019, says IIF
Decrease originating from government, non-financial corporates, says IIF
Institute advised Egyptian government to focus on essential challenges that still remain unaddressed