Egypt’s economy has grown at a robust pace over the past couple of years, but we estimate that there is still an output gap equal to 2.0-2.5% of potential GDP. Accordingly, as demand strengthens, the economy should be able to record fast growth over the next couple of years without stoking inflation pressures.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.