Middle East Economic Survey


No 19



Egyptian Economy Will Continue To Be Impacted By Political Crisis, Says Crédit Agricole

The economic impact of the crisis in Egypt will continue to be felt strongly in the coming two to three quarters, according to Crédit Agricoles Emerging Market Monthly Roadmap. With ample downside risks and given prevailing conditions, the bank expects GDP growth to slow sharply from 5.2% in 2010 to about 2% in 2011, before it reaccelerates to...