Egypt: Can Domestic Policies Counter A Challenging External Environment?
Tuesday, 14th June 2022
Webinar | 10:00 London BST | 11:00 Egypt EET | 13:00 Dubai GST
Egypt has been one of the non-European countries most affected by the fallout of Russia’s invasion of Ukraine through higher commodity prices, disruptions to wheat supply, lower tourist inflows, and increased risk aversion towards emerging markets.
While these repercussions have exacerbated Egypt’s external vulnerabilities, policymakers have fought back, allowing the currency to weaken and approaching the IMF for a new programme among other policies.
In this webinar, we consider the impact of the crisis and the government’s response, outlining our short and long-term outlook for Egypt’s economic growth, public finances, external position, monetary policy and currency, as well as the oil and gas sector.
Topics covered will include:
- Can authorities strengthen the long-term growth trajectory
- Privatisation: is it ‘real’ this time?
- Will fiscal measures be enough to put the debt level on a downward path?
- Will the Egyptian pound be subject to another sell-off?
- When will inflation peak?
- Will Egypt’s production keep up with LNG export demand?
Head of MENA Country Risk
Ramona Moubarak joined Fitch Solutions in June 2021 to lead the Middle East and North Africa Country Risk team, based in London. She has spent over a decade building her experience in political, macroeconomic and financial risk assessments for emerging markets. Prior to joining Fitch Solutions, Ramona led a team of analysts who covered over 40 emerging markets for Lebanon’s Byblos Bank. A native Arabic speaker, Ramona is also fluent in French and English. She holds a Master’s degree in Financial Economics from the American University of Beirut and a Bachelor degree in Economic Sciences from Université Saint-Joseph.
Industry Analyst Oil & Gas
Adam Russell works to identify and analyse key trends in the oil and gas markets. Prior to joining Fitch Solutions, Adam previously worked as a Market Risk Analyst at SmartestEnergy Ltd, the UK’s leading purchaser of independent generation and supplier of renewable electricity. Adam has experience in the UK gas, power and renewables market. Adam holds a Masters Degree in International Financial Markets and Bachelor’s Degree in Geology, both from the University of Southampton.