Egypt must push ahead with reforms to attract investment, spur growth, create job opportunities
Egypt has struggled in the five years since the Arab Spring, as political uncertainty and economic instability erode investor confidence and limit growth. Its economy has expanded a modest 2.5% annually between 2011 and 2015. Foreign exchange reserves have dipped to precariously low levels. An overvalued currency has hurt Egypt’s export competitiveness. Foreign currency shortages …
