الأربعاء، 19 نوفمبر 2014

Egypt’s economy: challenged and challenging

{ تاج } :

Is Egypt’s economy finally looking up after the near standstill it had come to in the wake of the Arab Spring uprising in January 2011? Recent indicators appear to point that way
Last week the global rating agency Standard and Poor’s affirmed Egypt’s credit rating at B-/B, but raised the economic outlook to ‘Stable’, citing political and security stability, slight recovery of GDP, and financial reforms that help boost economic growth. But S&P noted that the high deficit, government debt, need of borrowing and continued low GD

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