Access to finance for Egypt’s private sector during the pandemic

In a nutshell

The fiscal and monetary policies implemented in Egypt during the first half of 2020, along with the emergency support provided by international financial institutions, are so far helping the country weather the shock.

Private sector firms do not appear to have experienced problems with access to finance due to Covid-19.

The support of international financial institutions was necessary, but without complementary efforts by local policy-makers, such support would not have been channelled to the real economy.