Egypt devalued the pound in October but it's not let it float freely against the US dollar - which is a condition of IMF loans.
In any case the new three billion dollars IMF loan does not significantly help - Egypt’s debt servicing…
https://www.pacci.org/wp-content/uploads/2023/01/Dollar.jpg540960Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedemail@example.comElshaday Hagos2023-01-05 10:00:442023-01-05 10:10:39Egypt's Pound Drops to Record Low Against the DollarAfrica News
The head of the Suez Canal Authority (SCA) Osama Rabie assured Thursday that the strategic maritime passage was "not for sale" following concerns raised in Egypt by a draft law under discussion in parliament.
The Suez Canal, which sees…
https://www.pacci.org/wp-content/uploads/2022/12/Suez-Canal.jpg540960Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedfirstname.lastname@example.orgElshaday Hagos2022-12-27 10:00:432022-12-27 10:26:02Suez Canal Chief Seeks to Dispel Fears Over Draft Egypt Law
From 6 to 18 November 2022, Heads of State, ministers and negotiators, along with climate activists, mayors, civil society representatives and CEOs have been meeting in the Egyptian coastal city of Sharm el-Sheikh for the largest…
Inflation isn't impacting people equally, though, and for those with dependents, the higher prices are pinching families at home and abroad.
Migrant workers and people who send money to relatives abroad are often saving less because…
https://www.pacci.org/wp-content/uploads/2022/10/Forex.jpg11251500Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedemail@example.comElshaday Hagos2022-11-04 10:00:152022-11-04 10:16:20Impact of Rising Inflation on Workers Across Globe
Egypt will participate with the largest shipment of products to Ghana within the framework of the initiative, according to a press statement.
The 10th African Trade Ministerial Meeting of the AFCFTA will be hosted for two days in the…
https://www.pacci.org/wp-content/uploads/2022/10/Trade.jpg540720Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedfirstname.lastname@example.orgElshaday Hagos2022-10-11 10:00:482022-10-11 10:08:27Egypt to participate in launching AfCFTA Guided Trade Initiative in Ghana
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