Latest in Tag: Economy Highlight
Latest in Tag: Economy
The fiscal policy clashes the monetary policy, the 1st is pushing for growth and maximizing incomes to address the budget deficiency and public debts, the second is pushing to holdback inflation rates and excess liquidity.
The economy has gained a degree of solidity that enables it to deal positively and flexibly with international crises
The economy credited with the Industrial Revolution — the beginning of modern economic growth — would decline and never again see its previous days of power and influence.
“I am confident that together we can ride out the storm. We can rebuild our economy,” Truss said in her first address to the nation as prime minister, outside 10 Downing Street.
Opinion| Building bonds and empowering the economy
This is based on Egypt’s 2030 Vision, the UN’s 2030 Sustainable Development Goal, and the African Union’s 2063 Agenda.
Ambassador Ahmed Hafez, spokesperson for the Ministry of Foreign Affairs, explained that Minister Shoukry welcomed the open dialogue between Egypt and the UK on various topics of common interest, as well as the continuation of communication between the two sides.
This came in a bilateral meeting with Malian Minister of Finance and Economy Alousseni Sanou on the side-lines of their participation in the annual meetings of the African Export-Import Bank (Afreximbank) to discuss ways to enhance bilateral relations in various fields within the framework of Egyptian efforts to achieve continental integration.
The forecast projected Egypt’s total investments to grow by 14.4% in FY2021/22 — up by 0.4 percentage points from last month’s forecast — and 9.3% in FY2022/23. It also projected a GDP growth of 5.4% in FY2021/22, which is unchanged from last month’s forecast. Moreover, it expected a GDP growth rate of 5% in FY2022/23.
This came during a press conference held in the Egyptian Cabinet’s new headquarters in the New Administrative Capital.
Sectors exposed to the pandemic, including tourism, manufacturing, and the Suez Canal, are still recovering, says the WB
Despite how often we are tempted to believe people around the world are radically different, and deeply culturally incompatible, we are more alike than we think. Indeed, we are becoming even more alike every day: As similar technologies, tools, and ideas spread around the world, common themes and patterns become ever more common.
As we all know, China has the world’s largest mobile Internet and the second largest digital economy. With the popularization of Internet technology, China’s platform economy has developed rapidly. New forms and models of business have emerged one after another, playing an important role in promoting high-quality economic development and meeting the people’s ever-growing needs for …
The data comes as part of an infographic published by the centre that includes the main points addressed in the Economist’s Outlook report on Egypt issued in June 2021.
Egypt is implementing four-directive strategy to take on increasing water crisis
Upward movement builds on initial recovery following easing of partial lockdown measures, despite some way to go to pre-COVID-19 levels
Rebound will also be driven by the government’s public investment: World Economic Outlook
After estimated contraction of -3.3 % in 2020, global economy is projected to grow at 6% in 2021, moderating to 4.4 % in 2022: IMF
Japan, UNIDO help Egypt reduce single-use plastic waste
Egyptian President reviews banking, monetary systems updates with CBE Governor, Prime Minister
Egyptian government has taken leap forward by adopting policies, carrying out reforms related to Gender Parity: Al-Mashat
International institutions praise economic performance of Egypt, predict improvement in economic indicators during coming period: Hala El-Said
Al-Sisi expresses Egypt’s deep appreciation for OECD’s role in formulating economic policies that contribute to achieving international development
Standard Chartered Bank’s latest expectations consistent with pre-pandemic estimates putting Egypt among top 10 world economies in 2030, says Mohamed Maait
In next 3-5 years, disparities will threaten economy, and weaken geopolitical stability in following 5-10 years
Ensuring sustainable, inclusive recovery post-COVID-19, reversing divergence between rich and poor countries are main 2021 priorities, says Kristalina Georgieva
One minus refers to inequality in access to technology
The world before the novel coronavirus (COVID-19) pandemic is one thing, and the world after it is quite another.
Egypt’s economy was heavily effected by coronavirus pandemic, which took it’s toll on tourism, and worker remittances, yet it avoided contraction
The Ministry of Planning and Economic Development on Thursday issued a report that monitors international institutions’ positive evaluation of the performance of the Egyptian economy amid the novel coronavirus (COVID-19) pandemic.