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Declining foreign reserves, explained
Beesan Kassab | Foreign currency reserves have dropped by about $8 billion since the start of the pandemic
Egypt, corona and the IMF: What do we know about the new loan?
Beesan Kassab | The IMF plans to hold a meeting on May 11 to consider the Egyptian government's request
More talk, little action: Why are Egyptian authorities unable to sell stakes in state-owned companies?
Omaima Ismail | As of the first week of December, shares of just one government company has been listed on EGX.
Do not rest assured: People in need are still not getting their food subsidies
Beesan Kassab | The announcement came two days after Sisi wrote on his Facebook page about the food program cuts
Austerity measures a major cause of poverty increase, statistics agency advisor says
Beesan Kassab | The report shows that 32.5% of Egyptians live in poverty, marking the biggest increase since 2000.
Have the IMF’s promises to Egyptians come true?
Beesan Kassab | The IMF did not only promise growth, it also promised inclusive, job-rich growth.
MP: New fuel pricing mechanism ‘rushed’ through to appease IMF on subsidy cuts
Beesan Kassab | The price of liquified petroleum gas cylinders has increased sevenfold since 2014
$2 billion dip in foreign currency reserves points to Egypt’s reliance on unsustainable investments
Beesan Kassab | The drop is a sign that the methods Egypt has used to prop up its reserves are unsustainable
Slash and burn: Reducing fuel subsidy bill at whose expense?
Waad Ahmed | Government continues pattern of price hikes for subsidized fuel types to reduce fuel subsidy bill
 
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Opinion
Tarek Ghanem
Opium or coffee? Islam and its relevance in hard times
Is religion numbing Egyptians into acquiescence amid a number of merciless austerity measures?
Michel Assaad
Do economic indicators reflect reality for most Egyptians?
Growth amid inequality and corruption only ever benefits a limited number of people
Amr Adly
The IMF is neither the problem nor the solution
Development does not co-exist naturally with free market policies
 
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News
World Economic Outlook projects Egypt’s inflation rate to rise slightly higher than expected
Finance minister: Egypt spent US$20 bn on ‘external obligations’ last year
Egypt hikes fuel prices by up to 100% to save LE35 bn in budget
IMF releases staff agreement on Egypt loan, mission chief commends economic program’s progress
IMF board approves US$12 bn loan to Egypt
IMF welcomes Egypt’s austerity measures, advises against lifting food subsidies
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