n Africa Conflict Monitor - ACM Country Profile : Egypt - : national profile

Volume 2015, Issue 05
  • ISSN : 2311-6943


Perhaps one way of explaining the perennial political upheavals that in 2015 continue to rattle Egypt as they have done since the country's 2011 revolution is the economic value of control of the country. Egypt's economy remains second only to Saudi Arabia within the Arab world. Egypt's growth in 2015 is projected to reach 3.5%, which is fair but will not liberate the dependency of state finances on foreign aid. Consequently, economists worry about the impact of unanticipated 'external shocks' such as recession and calamities in countries that provide aid and investment to Egypt.

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