Egypt: Return of deep state

3/12/2014 - Report
ic_blogtagEgyptCentral BanksCountry RiskExchange RateGrowthPolitical RiskTrade
Growth momentum depends on the political transition. Inflationary pressures exacerbated by EGP weakness, reflecting economic uncertainties.

Wide fiscal deficits will persist, reflecting limited revenue streams and large social expenditure commitments. Public debt is increasing.

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Egypt: Return of deep state - Report