Egypt is a strong member of the MENA (Middle East and North Africa region) group that is unlike the other large players in this group. This new administration undertook many technocratic reforms to place Egypt onto strong macroeconomic footing and to once again become open for international investment. However, the general trend for Egypt should continue in the way described. Even with the disruption in the current climate, the reforms have been enacted and appear to place Egypt in a good position to weather this storm. The challenge will be ensuring the youth of Egypt will be able to participate in the economy and join the global middle class.
Source: The North Africa Journal March 22, 2020 17:03 UTC