Egyptian Economy: Built to Last?
President Abdel Fattah el-Sisi has an opportunity to use the recent cash influx to build Egypt’s economy to last, but will he fritter it away on pet projects?
Latest analysis from Horizon Engage experts on Egypt.
President Abdel Fattah el-Sisi has an opportunity to use the recent cash influx to build Egypt’s economy to last, but will he fritter it away on pet projects?
The Milei administration recently announced that in January it achieved a monthly budget surplus, Argentina’s first in almost 12 years. This is good news for the government after a major setback in Congress earlier this month. The bad news is a severe recession already showing in the official data.
Horizon Engage hosted an exclusive event with our Eastern Mediterranean experts, Mike Knights, Crispin Hawes and Pinchas Landau that looked at opportunities amid a crisis that began with the 7 October assault on Israel, as energy has kept flowing and infrastructure has been effectively defended.
Egypt faces shortfalls in gas flows undermining export revenues and leading to power outages that government officials say may run through mid-September.