November brief on Egypt’s economy and the year ahead

The Middle East Policy Council just posted my new bulletin on the Egyptian economy, where it stands today, and where it’s headed with the help of aid from all over the globe. Topics include Egypt’s currency, the unsustainable burden of energy subsidies, and the IMF loan package, which remains controversial but on track. Looking at other countries in the region, Egypt seems special. To date, it has received the most attention from the international community and the most foreign aid by far. The country’s economic problems are serious and complicated–and President Mursi’s government must still use this aid wisely in coordination with donors–but there is room for optimism in Egypt almost two years after Hosni Mubarak was ousted.

Read the brief, “Egypt’s Economy Looks to 2013,” at MEPC.org.

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