Egypt’s latest privatisation drive appears to have stalled after targets were watered down. The government doesn’t face the same need to secure revenues as it did recently, but privatisation is still a key ingredient if Egypt is to unlock faster growth. Elsewhere, inflation in Lebanon has slowed sharply in recent months as de-facto dollarisation is taking hold, but there are a vast number of other areas to tackle to give Lebanon’s economy any hope of recovering from its deep crisis.
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