Budget deficit may prompt Egypt to return to IMF
The deficit has averaged well over 10% of GDP since the 2011 uprising, leading to a large expansion in domestic debt
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In this article
- Rising wages, falling subsidies
- Revenue raising challenges
- Tax cuts and delays
- VAT scheme
- Special economic zones
- EGPC
- Stubborn deficit, slower growth
- Back to the IMF?
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_350.jpg "An employee counts money at an exchange office in Cairo (Reuters/Amr Abdallah Dalsh)")