Publication

This brief looks at the deepening economic crisis in Egypt and how it could be stabilized. The author argues that the loan on offer from the IMF is central to Egypt’s immediate economic prospects; however, she also says that there are a number of contentions over the IMF's reform demands tied to the loan. She then argues that although structural reform is necessary in Egypt, European donors should immediately commit funds to training and vocational skills programs to help tackle unemployment, before terms are agreed between Cairo and the IMF over long-term macroeconomic policy.