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 1. Home
 2. Middle East & North Africa Economics
 3. Middle East & North Africa Economics Update
 4. Egypt’s economic struggles look set to persist


EGYPT’S ECONOMIC STRUGGLES LOOK SET TO PERSIST



3rd January 2024

In the past few years, Egypt’s economy has been hit by the successive impacts of
the pandemic, the war in Ukraine, and, more recently, currency devaluations.
With further currency falls on the cards, high inflation, and tightening of
fiscal and monetary policy, the next couple of years are going to be hard-going
and our GDP growth forecasts are well below consensus expectations.


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DETAILS

READ MORE ABOUT

 * GDP and Activity
 * Banks, Money and Credit
 * Consumer Spending
 * Fiscal Policy
 * Monetary Policy
 * Middle East
 * Egypt
 * Emerging Markets

WRITTEN BY

James Swanston

Middle East and North Africa Economist

READ MORE ABOUT

 * GDP and Activity
 * Banks, Money and Credit
 * Consumer Spending
 * Fiscal Policy
 * Monetary Policy
 * Middle East
 * Egypt
 * Emerging Markets

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ANOTHER YEAR OF SLUGGISH GROWTH

Economic growth in the Middle East and North Africa will strengthen a little in
2024 but is likely to come in well below consensus expectations. OPEC+’s
cautious approach to oil policy will keep a lid...

13th December 2023 · 22 mins read


UPCOMING EVENTS

GLOBAL DROP-IN: GEOPOLITICS, SHIPPING DISRUPTIONS AND SUPPLY CHAIN RISKS

7th February 2024



EM DROP-IN: EASING CYCLES, DEBT RISKS, AND THE OUTLOOK FOR EM BONDS

8th February 2024



ASIA DROP-IN: AFTER JOKOWI – INDONESIA’S ELECTION AND ITS LONG-TERM ECONOMIC
OUTLOOK

13th February 2024



PROPERTY DROP-IN: REAL ESTATE DISTRESS – WHO’S VULNERABLE AND WHERE?

14th February 2024



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