Arab Republic of Egypt : Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

September 1, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The COVID-19 pandemic has drastically disrupted people’s lives, livelihoods, and economic conditions. Growth is expected to slow considerably in both 2019/20 and 2020/21 as tourism is at a standstill and domestic activity is expected to significantly slow. The external accounts are expected to deteriorate from portfolio outflows and the shock to tourism and remittances, resulting in an urgent balance of payments need.

Series:

Country Report No. 2020/271

Frequency:

regular

English

Publication Date:

September 1, 2020

ISBN/ISSN:

9781513556093/1934-7685

Stock No:

1EGYEA2020002

Format:

Paper

Pages:

58

Please address any questions about this title to publications@imf.org