Business Barometer

Business Barometer

Publication Number: ECES-BB36-E&A

May, 2015

Author : ECES Research Analysts

Type : Business Barometer

Evaluation : January-March 2015: 48.9

Outlook : ِApril-June 2015: 57.5

The Egyptian business community expressed an exceedingly positive outlook for economic growth in the second quarter of 2015, despite a notable slowdown in the first quarter. This highest ever outlook since 2007 came against a backdrop of two consecutive sovereign credit rating upgrades, an improvement of the level of international reserves and more prudent fiscal policy declared by the government for FY 2015/16.