Latest in Tag: Economy Highlight

Advertising Area




Latest in Tag: Economy


CHRISTINE LAGARDE - LAGARDE - fotografo: IMAGOECONOMICA

How should the government pace its reforms after the IMF loan approval?

On 11 November, the executive board of the International Monetary Fund (IMF) approved a $12bn three-year extended fund facility for Egypt, in support of the government’s economic reform programme. Ever since negotiations with the IMF started, the government has implemented a number of economic reforms, including passing the civil service and value-added tax laws, floating …

Hisham Salah

Banking expert Hany Aboul Fotouh

Social safety nets can be a lifeline for victims of pound flotation

I decided to swim against the tide that accompanied the flotation of the Egyptian pound, the rumbling flood of comments on social media networks and opinion articles that filled newspapers and websites. Everyone is talking about the flotation and cuts to fuel subsidies, some people understand what they are talking about while others are driven …

Hany Aboul Fotouh

kard-en

Will Egypt follow the example of Brazil or Argentina in dealing with the IMF?

Following the implementation of all of the International Monetary Fund’s (IMF) preconditions for the three-year, $12bn loan Egypt is bent on receiving, the government submitted a letter of intent to the IMF executive board two days ago. A letter of intent outlines one or more agreements between the two parties before the conclusive agreement is …

Shaimaa Al-Aees

Egypt’s unpaved road to austerity

“Just as we should never balance the budget on the backs of the poor, it’s an economic delusion to think you can balance it only on the wallets of the rich.” This seemed to be the beautified confession that the then UK chancellor of the exchequer and austerity guru George Osborne made to the Conservative …

Hussein Keshk

Untitled-1

A survey of western opinion on Egypt’s plans for reform

Egypt’s current economic troubles and reform efforts have been the main topic of discussion in a slew of articles recently, many of which pin the blame on the country’s ruling regime, such as Bloomberg’s “Egypt’s Failing Economy is Sisi’s Fault”. The government, however, is not only battling against the challenges of the present, but also …

Nicholas Mehling

Several Egyptian pound notes are pictured in New York Thursday, April 28, 2005.  Photographer:  Daniel Acker/Bloomberg News.

Promises of reform: a story that could end happily, or in disaster

Prime Minister Sherif Ismail and the government have promised a litany of political and legislative reforms that would be implemented in the short term to develop Egypt’s economy and pull it out of its poor state. Debates over the Civil Service Law, the value-added tax, the investment law, as well as the budget deficit, trade …

Hisham Salah

Italian European Affairs Minister Sandro Gozi

Italy, the sick man of Europe?

Nearly half of Italy’s population wants to leave the EU, the country’s economy is among the worst in the eurozone. Can the government solve this? Sandro Gozi, European Affairs Minister, is on Conflict Zone this week.

Deutsche Welle