Every indicator points to the very robust health of the Egyptian economy.
Inflation continues to slow down.
We are also talking about an economy with a very solid growth rate of around five per cent. Despite recent setbacks to the economy in the past year, prospects are once again looking brighter. The tourism situation is improving and there is renewed interest from international investors in various types of securities in Egypt. There is also renewed interest in very large foreign direct investment projects. Much of this resilience has to do with the fact that the external debt and external reserve situation of the country have improved considerably.