Arab Republic of Egypt: First Review Under the Stand-By Arrangement and Monetary Policy Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt

January 7, 2021

Preview Citation

Format: Chicago

Arab Republic of Egypt: First Review Under the Stand-By Arrangement and Monetary Policy Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt, (USA: International Monetary Fund, 2021) accessed December 21, 2024

Summary

The growth impact of the COVID-19 crisis has so far been less severe than expected, as strong consumption helped offset weak tourism and investment. Measures taken to address the health and social needs and support the sectors most directly affected by the crisis appear to have helped mitigate the impact of the shock. External market conditions have improved with a strong return of portfolio inflows since the approval of the Stand-By Arrangement (SBA).

Subject: Budget planning and preparation, COVID-19, External debt, Public debt, Revenue administration

Keywords: Consumer price index inflation, Consumer price inflation, CR, Expenditure control process, Inflation expectation, Internal audit mechanism, ISCR

Publication Details

Pages:

86
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/007
Stock No:

1EGYEA2021001
ISBN:

9781513566214
ISSN:

1934-7685

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