Goldman Sachs expects inflation in Egypt to fall to 30.3% on an annual basis in April

  • Goldman Sachs expects Egypt's inflation rate to decline to 30.3% on an annual basis in April

 

  • Goldman Sachs recently expected that Egypt's debt issuances would decrease during the second quarter of this year to 724 billion pounds, or approximately 240 billion pounds per month.

 

  • Mainly driven by Q1 advance financing issuances and Ras Hekma proceeds, which will put downward pressure on interest rates in the short term.

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