Egypt: A balancing act

3/22/2017 - Report
ic_blogtagEgyptCountry Risk

Country Report


Business environment switched suddenly from heavy rigidities (fixed exchange rate, high subsidies) and low liquidity to more market-based ones, but with heavy short-term costs. These reforms were necessary to rebalance the growth model. They also help the country make the most its business regulation, which is among the most favourable in the region.​


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