Thursday , 7 December 2023
Home / page 3

Blog Archives

How Rising Debt Has Increased Egypt’s and Tunisia’s Geopolitical Peripheralization

High levels of debt and changing bailout strategies are reshaping the geopolitical landscape of the Middle East and North Africa. Countries exporting hydrocarbons are gaining prominence over the highly indebted nations of Egypt, Jordan, Lebanon, and Tunisia. This is exacerbating the economic marginalization of low- and middle-income countries, forcing them …

Egypt takes lead role on global counter-terrorism network despite rights fears

Egypt has assumed the co-leadership of an influential global body shaping counter-terrorism policies despite condemnation of its appointment over Cairo’s “abuse of international counterterrorism norms”.

Sisi’s Futile Struggle with Inflation

On March 9, 2023, official statistics on the level of inflation were published by the Egyptian government. These official figures reveal a sharp increase in inflation, which reached a record high of 31.9 percent for annual headline inflation, and a whopping 40.26 percent for core inflation.

Egypt green-lights sweeping privatization strategy following IMF agreement

After more than half a year in the making, Egypt’s President Abdel Fattah al-Sisi finally approved at the end of December a strategic program drawn up by the government that sets out the economic sectors from which the state plans to withdraw in the coming years, and those in which …

To Receive an IMF Loan, Egypt Pledges to End the Unique Status of Its Military Companies

The International Monetary Fund (IMF) released a Staff Report on January 10, 2023, detailing the commitments made by the Egyptian government in return for the award of about $3 billion in new lending, Egypt’s fourth loan since 2016. Although the initial agreement was announced on October 27, 2022, it has …