cover of episode Why Egypt’s Economy Is (Still) Getting Worse

Why Egypt’s Economy Is (Still) Getting Worse

2024/9/9
logo of podcast TLDR News Global

TLDR News Global

Frequently requested episodes will be transcribed first

Shownotes Transcript

Sign up to Nebula to watch 'What to Follow: USA" and get 40% off an annual subscription with our link: https://go.nebula.tv/wtf?ref=tldrnewsglobal

With a strained national budget and a low number of private investors, Egypt's economy keeps getting worse. In this video, we're taking a look at what's causing Egypt's economic woes, why the IMF never says 'no' to its bailout, and whether we're due another bailout soon.

🎞 TikTok: https://www.tiktok.com/@tldrnews 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA

Support TLDR on Patreon: http://www.patreon.com/tldrnews Donate by PayPal: https://tldrnews.co.uk/funding

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

1 - https://en.wikipedia.org/wiki/New_Valley_Project 2 - https://tradingeconomics.com/egypt/government-debt-to-gdp 3 - https://www.imf.org/external/datamapper/NGDPDPC@WEO/EGY?zoom=EGY&highlight=EGY 4 - https://www.madamasr.com/en/2024/04/23/news/economy/govt-to-utilize-62-of-budget-for-debt-servicing-51-budget-resources-from-borrowing/ 5 - https://www.piie.com/sites/default/files/2024-08/pb24-6.pdf 6 - https://www.phenomenalworld.org/analysis/egyptian-leverage/ 7 - https://www.reuters.com/markets/egypts-non-oil-sector-returns-growth-august-pmi-shows-2024-09-03/ 8 - https://www.economist.com/leaders/2023/01/26/to-save-egypts-economy-get-the-army-out-of-it 9 - https://www.nytimes.com/2024/09/01/world/middleeast/egypt-economic-crisis.html 10 - https://www.ft.com/content/b86c9f85-715e-4b12-a19a-9776c6251c9e