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...
Learn MoreSource: 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...
Learn MoreSource: 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...
Learn MoreMamdouh Al-Wali is an Egyptian economic expert and chairman of the Al-Ahram Foundation’s Board of Directors (2012-2013).
Learn MoreSource: 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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