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Vol 60 No 1

Published 11th January 2019


Egypt

Business thrives, society waits

Gas finds, steady oil prices and the recovery of tourism help a strengthening economy while rights take a back seat

The Egyptian economy is primed to show impressive results in 2019 on the basis of core indicators such as real GDP growth, the current account and foreign direct investment. However, high rates of debt and inflation will continue to be a drag on its performance, and there is little sign of any let-up in the harsh repression of political and civil liberties by President Abdel Fattah el Sisi, who looks to be settling in for the long haul.

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