Moody’s Investors Service
Moody’s Investors Service published a FAO on the impact of coronavirus on Egypt’s event risk, public finances and longer-term credit trends.
The price hike will help Egypt meet the agreed target for a fiscal deficit of 8.4 percent of GDP in fiscal 2018/19.
Renewable energy resources will see robust growth over the coming few years as several countries started to shift to clean energy.
Qatar dispute led to outflows of external funding, which Moody’s expects will reduce banking liquidity