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Egypt non-payment risks

Egypt non-payment risks

How the current war may provide a lifeline for Egypt despite impending devaluation and capital controls, and why Egypt will not reform.

Firas Modad
Dec 11, 2023
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Modad Geopolitics
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Egypt non-payment risks
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Egypt’s inflation rate is 36%, interest rates are at 20%. The Egyptian pound is trading in the black market at nearly 50EGP/USD while the official figure is 30.8 EGP/USD.

Presidential elections are un…

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