Issue 36 (January – March 2015)

12-05-2015
Author(s): ECES Economists
Publication Number: ECES-BB36

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.