In today’s increasingly volatile global environment, policymakers should incorporate more rigorous stress-testing into their economic planning.
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Healthy financial systems are built on well-regulated commercial banks that provide most household and small-business financing complemented by a properly supervised non-bank sector
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Transferring government debt to the central bank would fuel inflation, destabilise the banking sector, and negatively impact the quality of assets
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Neither privatisation nor continued public ownership is sufficient on its own to ensure beneficial economic outcomes.
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New plans to bring Egypt’s public debt-to-GDP ratio down to 75 per cent and cut debt-servicing costs to seven per cent of GDP will help the country achieve fiscal resilience.
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The government has announced that Egypt will not be needing another support programme for the economy from the IMF.
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Gamal Wagdy explains why bank loans to the real economy should be higher than their investments in treasuries.
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In a strategic move aimed at diversifying the country’s funding sources, Egypt is preparing to issue up to $2 billion in sovereign sukuk bonds this year.
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Gamal Wagdy examines the steps Egypt should take as the global economy moves away from a system shaped by international financial institutions, globalisation, and free trade.
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For decades, economists and investors alike have turned to gross international reserves to measure a country’s economic strength.
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