Coronavirus exposes cracks in Egypt’s macroeconomic stabilisation.
The state of Egypt’s security and macroeconomic stabilisation has been further weakened by the global coronavirus pandemic, according to think tank the Arab Reform Initiative (ARI).
The organisation’s August 2020 research paper reported that while the country remains stable on the surface, it continues to have deep structural problems with militarisation of the economy, claims of corruption and a shortfall in remittances from Egyptians working in oil-rich Gulf countries...
Discover more about how Egypt is plugging its FX hole.
Client: The Global Treasurer. Published on 7th September 2020.
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