Analysis by Region - Africa - Egypt
Description
All focus is on the IMF, which is currently wrapping up its trip to Cairo. The multilateral is aiming to conclude Egypt's fifth and sixth review of the Extended Fund Facility programme, which is set to conclude in 2027. The fifth review was postponed due to a lack of progress in the government's state-asset sale programme. The most recent data shows very little to no progress on this front, especially when considering phases 3 and 4 of the divestment programme. The outcome of the current visit is crucial, given that Egypt needs the $2.4bn combined disbursement.
Table of Contents
7 Pages
- Egypt: The government's slow privatisation drive in the spotlight
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Long-term prospects
- Alternative long-run scenarios
- Background
- Economic development
- Structure of the economy
- Balance of payments
- Policy and politics
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