Related Articles
Forward article link
Share PDF with colleagues

Egypt’s stability rests on economic gains

Unless Cairo can consolidate economic progress, upcoming elections could become a focal point for mass protests

The Egyptian political scene has a crowded agenda for 2020. With three elections scheduled to take place, there are signs among important segments of the population of growing discontent with the authoritarianism of President Abdel-Fattah el-Sisi . The economic backdrop presents stark contrasts. By many traditional metrics, Egypt’s economy is performing well, with high growth, falling rates of inflation and unemployment, a shrinking budget deficit and relatively robust investment. However, the effects of previous economic shocks and the IMF-backed reforms enacted since 2016 have eroded living standards, and there is widespread resentment at the growing economic power of a largely unaccounta



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Russia plays catch-up
30 November 2021
The Eurasian giant has announced an aggressive decarbonisation plan while striving to relieve Europe’s power crunch
Investors unfazed by Vietnamese challenges
29 November 2021
Foreign companies are enthusiastic about Vietnam’s LNG prospects, but risks persist
Deals booming in the Haynesville
29 November 2021
Strong global gas prospects and high-quality inventory are driving a big swing in M&A activity in the basin
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video