Egypt: A report card after the IMF
- While there has been strong growth, declining inflation and fiscal account deficits, the private sector has remained under pressure and remittances into Egypt and net FDI are lower than in peak years.
- Egypt’s next moves should be to focus on additional structural reforms, including integrating the informal sector into the formal economy.
- Spurred on by being the largest oil and gas consumer in MENA, Egypt is on track to achieve its target of generating 20% of its electricity by 2022 through developing the renewables sector.
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Analyst
The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.
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