Further aid should help to stave off Egyptian default

Continued delays to Egypt’s prospective IMF deal have raised the possibility of a default on its FX debt. A team from the Fund is due in Cairo tomorrow to discuss a financing package, but even if a deal isn’t agreed in the very near-term, further bilateral aid means that Egypt should be able to avoid default.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.