Balance Of Payments Crisis Looming

February 2012
Middle East Monitor: East Med;Feb2012, Vol. 22 Issue 2, p1
Country Report
The article reports on the growing risk of balance of payment crisis in Egypt in 2012. It notes that the country's external economic position is faced with weak capital inflows and decline in foreign currency reserves amid pressure in large-scale public protests. It adds that Egypt's economic condition may be changed when the political situation stabilizes or the government change their reluctance to accept foreign assistance.


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