Egyptian-French Economic Relations .. Who Will Benefit?

Source: Egyptian Institute for Studies Author(s): Mamdouh Al-Wali Original Link: https://en.eipss-eg.org/egyptian-french-economic-relations-who-will-benefit/ There are various forms of economic relations between Egypt and France, including commodity and service trade; presence of Egyptian labor in France and French labor in Egypt, and consequently provision of remittances in both directions...

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Governorates’ share in budget expenditure only 10%

Source: Egyptian Institute for Studies Author(s): Mamdouh Al-Wali Original Link: https://en.eipss-eg.org/governorates-share-in-budget-expenditure-only-10/ Expenditure in Egyptian government’s budget is usually divided into three main components: the administrative apparatus consisting of thirty-four ministries and sovereign bodies; the ministries’ service bodies, estimated at about 161 bodies...

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Egypt’s External Debt Exceeds $124 Billion

Source: Egyptian Institute for Studies Author(s): Mamdouh Al-Wali Original Link: https://en.eipss-eg.org/egypts-external-debt-exceeds-124-billion/ The Egyptian external debt has been escalating since the army  took over in July 2013, reaching $123.5 billion by the end of June 2020, compared to $43.2 billion at the end of June 2013, that is a rise of $80.3 billion, a growth rate of 186%, and...

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Economic Fallacies in Statements of Egyptian Officials

Source: Egyptian Institute for Studies Author(s): Mamdouh Al-Wali Original Link: https://en.eipss-eg.org/economic-fallacies-in-statements-of-egyptian-officials/ Egyptian government officials have taken advantage of the regime’s one-voice media to disseminate economic data that are far from reality. Unfortunately, none of the economists is allowed to respond to these false statements via...

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Egypt’s Enormous Electricity Surplus – Achievement or Impasse?

Source: Egyptian Institute for Studies Author(s): Mamdouh Al-Wali Original Link: https://en.eipss-eg.org/egypts-enormous-electricity-surplus-achievement-or-impasse/ The Egyptian government boasts that it has achieved a surplus in power production amounting to about 25 megawatts over domestic consumption needs, as the current electricity production amounts to approximately 58 gigawatts, while...

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Egyptian Natural Gas Uses bet. Global and Domestic Prices

Source: Egyptian Institute for Studies Author(s): Mamdouh Al-Wali Original Link: https://en.eipss-eg.org/egyptian-natural-gas-uses-bet-global-and-domestic-prices/ According to Egypt’s energy consumption distribution during the past year, the natural gas came at the top with 54.5%; followed by oil, 38.6%; then hydropower, 3.1%; coal, 2.1%, and renewable energy (from the sun and wind) 1.5%. The...

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