
Opinion| Egypt: Post-COVID-19 Challenges
Egypt is the only Middle East and North Africa (MENA) region country to avoid contraction in fiscal year (FY) 2020/21. We expect growth to moderate from 3.6% in FY 2019/20 to 2.3% in FY 2020/21, supported by accommodative monetary and fiscal policies, and the progress in structural reforms prior to the pandemic.