The Report: Egypt 2016

Download or read book The Report: Egypt 2016 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2016-01-13 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: The country’s economic strengths include its large domestic market, diversified economic base, favourable trade relations with major partners such as the EU, and geographic location. As Egypt continues to rebuild its economy it faces a number of risks. External challenges include regional unrest and a slowdown in exports due to muted global growth, although the nation’s limited exposure to Asian markets lends it some degree of protection. The possibility of unrest also features in the domestic risk matrix and security remains a national concern. Nevertheless, Egypt’s economy has continued to expand, with the IMF forecasting GDP growth of roughly 4% for 2015 and 4.4% for 2016.