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AfricaMarch 14 2023

Egyptian economic reform: a clear path or a bumpy road?

Investors need to be convinced of the government’s full commitment to the gradual withdrawal of the state from the economy, writes the country’s former deputy prime minister.
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Egyptian economic reform: a clear path or a bumpy road?“Markets and investors remain both cautious and attentive to further signs of advance or regression.”

Over the past six months, the Egyptian Authorities — the presidency, the government and Central Bank of Egypt (CBE) — embarked on several economic reforms that were both long-awaited and welcomed by markets, investors and most commentators.

These included the following four measures:

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