64.4k views
4 votes
What economic challenges face Egypt today?

1 Answer

6 votes

Answer:

Egypt has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Egypt is a member of the League of Arab States (Arab League) and the Common Market for Eastern and Southern Africa (COMESA) Economic activity appears to have improved somewhat in recent months, following a 1.7% year-on-year contraction in Q2 (Q1: +5.0% yoy). PMI data for September indicated the first overall increase in non-oil private sector activity in 14 months, driven by an uptick in consumer demand.

Step-by-step explanation:

~Bre

User Dwxw
by
8.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories