Cover of The Report Egypt 2012

The Report: Egypt 2012

The Arab world’s second largest-economy, with the GDP of $229bn in 2011 according to the World Bank, has faced exceptional economic circumstances since the start of its political transformation 18 months ago. Despite a slowdown from the roughly 7% annual growth rate posted for the seven years prior to, Egypt showed a relatively robust 4.7% GDP expansion for the 2008/09 financial year.

From the affairs of the ancient Mediterranean world through Ottoman times to today’s modern Middle East, Egypt has long been a dominant player in the politics and economics of the region. While the challenges to the country’s economic growth remain significant, planners within the MoF and Ministry of Economic Development can take solace from the fact that the diversification of Egypt’s economy grants them some room for manoeuvre.

Interviews & Viewpoints

OBG & Egypt