Arab Fiscal Forum
Egypt’s inflation is predicted to drop to 10 to 13 percent by the end of the year, Finance Minister Amr el-Garhy said Saturday.
Foreigners have invested around $20.3 billion in Egyptian debt instruments since the Egyptian pound flotation in November 2016 and until February this year.
Egypt is currently monitoring global financial markets to decide on the right time to issue the Eurobonds, Finance Minister Amr el-Garhy said.
IMF Managing Director said Saturday that the global economic recovery has strengthened, however it is not lifting the Middle East region enough.
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