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Business
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Economy
5/4/2021 7:31:08 PM
Egypt's FY2021/22 comes amid expectations that Egypt will approach its pre-pandemic growth levels, following a notable slowdown in its real GDP growth in FY2020/21 driven by the pandemic's repercussions
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Al-Ahram Weekly
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Economy
4/28/2021 2:49:00 PM
Egypt’s economy kept growing during the Covid-19 pandemic
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Business
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Economy
4/25/2021 7:56:43 PM
FY2021/22 budget revenues are estimated at EGP 1.3 trillion, while expenses are expected to post EGP 1.8 trillion, according to Maait
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Business
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Economy
4/19/2021 4:51:05 PM
Despite that, Fitch Solutions said in its report that Egypt is one of the few countries globally to see real GDP growth amid the COVID-19 crisis
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Business
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Economy
4/11/2021 6:49:39 PM
We project Egypt to attain seven percent overall budget deficit and 1.8 percent primary surplus in FY2021/22, which starts in July, said Gatti
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Business
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Economy
4/6/2021 3:14:13 PM
The report said Egypt's real GDP growth to deaccelerate to 2.5 percent in 2021, down from 3.6 percent in 2020, before rebounding by around the double to reach 5.7 percent in 2022
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Business
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Economy
4/4/2021 9:38:21 PM
'If the vaccine is sufficiently deployed by early-2022, Egypt is expected to gradually regain growth momentum during FY2021/22—23,' said the report
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Business
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Economy
3/14/2021 1:00:16 PM
North Africa’s real GDP is expected to bounce back up to four percent in 2021 and to six percent in 2022
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Business
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Economy
3/10/2021 5:30:00 PM
The report called for faster and more effective vaccination deployment across the world for the good of global economic activity, which has been hit severely by the COVID-19 crisis
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Business
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Economy
3/10/2021 1:48:39 PM
Egypt’s economy has shown stability and resilience through the global COVID-19 pandemic, said Fitch Ratings
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Business
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Economy
2/4/2021 2:08:23 PM
Egypt’s medium-term strategy will reduce public debt over four years, the director of the IMF’s Middle East and Central Asia department said
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Business
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Economy
2/3/2021 3:50:21 PM
Fitch stressed that global recovery will be uneven and diverge sharply in emerging and developed economies, especially as the COVID-19 vaccine rollouts will be uneven across the world
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Business
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Economy
1/20/2021 12:36:13 PM
'Egypt’s economy continues to be praised by international financial institutions amid the COVID-19 crisis based on its positive indices that mirror its resilience against internal and external shocks' said Finance Minister Maait
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Business
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Economy
1/11/2021 3:26:13 PM
In December, Fitch Solutions downgraded its economic growth outlook for Egypt to 3.2 percent in 2021, down from the 3.3 percent that was projected in November
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Business
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Economy
1/9/2021 1:17:38 PM
Under the SBA programme, Egypt has to pass the draft customs law by end of March, complete the public expenditure review by end of April, and develop a reform plan for the National Investment Bank by end of January
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Business
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Economy
12/8/2020 7:04:11 PM
Global growth slowed in the fourth quarter of 2020, but forecasts for 2021 seem optimistic
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Business
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Economy
11/11/2020 12:23:47 PM
Key interest rate cuts would aim to stimulate private investment and consumption in addition to driving GDP growth amid a likely second wave of the Covid-19 pandemic
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Business
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Economy
11/8/2020 1:04:54 PM
In its monthly economic update insights, Fitch Solutions expected Egypt’s inflation rate to record 5.9 percent, and the CBE to keep the interest rates at 9.75 percent until the end of 2020
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Business
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Economy
10/18/2020 2:56:48 PM
Average inflation rate is expected to reach 5.9 percent by the end of 2020, up from the current level of 3.3 percent announced in October, according to Fitch Solutions
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Business
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Economy
10/13/2020 9:37:34 PM
Egypt’s GDP growth is expected to decline to 3.5 percent in 2020, down from 5.6 percent in 2019, and to continue to drop in 2021 to reach 2.8 percent
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