@HCSecuritiesEG
HC Securities - EG
a month ago
The International Monetary Fund (IMF) released its first Egypt review report under the Stand-By Arrangement (SBA) where it raised its Egypt FY20/21 GDP growth forecast to 2.8% from 2.0% previously, according to the report. The IMF stated that the growth impact of the...
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@HCSecuritiesEG
HC Securities - EG
a month ago
... COVID-19 crisis has so far been less severe than expected, with strong consumption offsetting weak tourism and investment, and that measures taken to address the health and social needs and support the ...
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