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With a strained national budget and a low number of private investors, Egypt’s economy keeps getting worse. In this video, we’re taking a look at what’s causing Egypt’s economic woes, why the IMF never says ‘no’ to its bailout, and whether we’re due another bailout soon.
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1 – https://en.wikipedia.org/wiki/New_Valley_Project
2 – https://tradingeconomics.com/egypt/government-debt-to-gdp
3 – https://www.imf.org/external/datamapper/NGDPDPC@WEO/EGY?zoom=EGY&highlight=EGY
4 – https://www.madamasr.com/en/2024/04/23/news/economy/govt-to-utilize-62-of-budget-for-debt-servicing-51-budget-resources-from-borrowing/
5 – https://www.piie.com/sites/default/files/2024-08/pb24-6.pdf
6 – https://www.phenomenalworld.org/analysis/egyptian-leverage/
7 – https://www.reuters.com/markets/egypts-non-oil-sector-returns-growth-august-pmi-shows-2024-09-03/
8 – https://www.economist.com/leaders/2023/01/26/to-save-egypts-economy-get-the-army-out-of-it
9 – https://www.nytimes.com/2024/09/01/world/middleeast/egypt-economic-crisis.html
10 – https://www.ft.com/content/b86c9f85-715e-4b12-a19a-9776c6251c9e
