Barclays Research: Clouds lift for Egypt

Cairo – The focus of Egypt’s new government on macroeconomic stabilisation and prospects for renewed talks with the IMF have revived bilateral and multilateral donor funding discussions, and should act as catalyst for private capital flows. The expected resource flows, USD9-10bn in the remainder of FY 12/13, should not only help plug the external financing gap, but also should improve reserve adequacy over time and reduce pressure on the EGP.

From Alla Moubayed, Koon Chow and Andreas Kolbe, Barclays

Read here the detailed report…

Exit mobile version