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MENA Drop-In: Can Egypt get its IMF deal back on track?

Speakers:

Reports are swirling of yet more delay to the latest review of Egypt’s IMF deal, the central bank is preparing to meet in a pressurised market environment and speculation about a sovereign default isn’t going away. 

Deputy Chief Emerging Markets Economist Jason Tuvey and Middle East and North Africa Economist James Swanston held a special briefing about what the Egyptian government needs to do to get the country’s economy back on track. During this 20-minute briefing, Jason and James will be answered client questions about the economic and policy outlook as they addressed key issues, including:

  • Why Egypt’s IMF deal is being held up;
  • The elephant in the room – whether the pound will be devalued;
  • Whether fears of an eventual sovereign default are justified.
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