Egypt tops emerging markets in containing inflation: Report

SourceEgypt Independent
SectorFinancial Markets
CountryEgypt

The Egyptian Cabinet media center announced Saturday that Egypt has topped all other emerging markets in containing inflation. According to the center’s report, the International Monetary Fund (IMF) confirmed that Egypt achieved the largest annual decline in inflation rates in emerging markets in 2020 compared to 2019, with a decrease of about 8.2 percent. It … Continued The post Egypt tops emerging markets in containing inflation: Report appeared first on Egypt Independent.The Egyptian Cabinet media center announced Saturday that Egypt has topped all other emerging markets in containing inflation. According to the center’s report, the International Monetary Fund (IMF) confirmed that Egypt achieved the largest annual decline in inflation rates in emerging markets in 2020 compared to 2019, with a decrease of about 8.2 percent.

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