Egypt has been one of the non-European countries most affected by the fallout of Russia’s invasion of Ukraine through higher commodity prices, disruptions to wheat supply, lower tourist inflows, and increased risk aversion towards emerging markets.
While these repercussions have exacerbated Egypt’s external vulnerabilities, policymakers have fought back, allowing the currency to weaken and approaching the IMF for a new programme among other policies.
In this webinar, we consider the impact of the crisis and the government’s response, outlining our short and long-term outlook for Egypt’s economic growth, public finances, external position, monetary policy and currency, as well as the oil and gas sector.
Topics covered will include:
- Can authorities strengthen the long-term growth trajectory
- Privatisation: is it ‘real’ this time?
- Will fiscal measures be enough to put the debt level on a downward path?
- Will the Egyptian pound be subject to another sell-off?
- When will inflation peak?
- Will Egypt’s production keep up with LNG export demand?