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Egypt’s COVID outbreak, Tunisia’s president tightens grip

Fears are growing that Egypt is on the cusp of a fresh wave of COVID-19 driven by the Delta variant, but past experience suggests that restrictions will remain light touch and there is growing hope that the vaccine rollout will speed up in the coming months. Elsewhere, Tunisia’s President Kais Saied appears to be tightening his grip on power and leading the country back towards autocracy. As well as the risk that this pushes Tunisia closer to a debt restructuring, the fresh erosion of the country’s institutions will weigh on long-term economic prospects.
Jason Tuvey Senior Emerging Markets Economist
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