Investor Presentaiton
A supportive Egyptian economic and banking environment
An improving economic scenario
Government ongoing commitment
to fiscal and economic reforms
which will help to reduce fiscal
imbalances (fuel subsidy cuts,
taxation hikes)
-6,6
-7,7
-10,1
-10,6
Budget balance (% GDP)
-9,3
-8,6
2009
-12,0
-8,5
-11,5
2010
-13,7
2011
2012
:
40
bn USD
35
Source EIU, IMF, Crédit agricole sa
FX Reserves, FDI & Portfolio inv.
2013
2014
IMF Projections
2015
2016
2017
2018
Reduction in external
vulnerabilities helped by
continued donor support and
improved prospects for increased
capital inflows (Cf. Egypt Economic
Development Conference in Sharm
El Sheikh on March 2015: USD 40bn
of foreign direct investments and
projects subject to firm agreement)
30
25
20
15
10
5
0
-5
-10
-15
Q3 2005
Q2 2006
Page 12
1 y cum
40
40
bn USD
35
30
25
20
15
10
5
0
-5
-10
-15
Q4 2007
Q3 2008
Q2 2009
Q1 2010
Q4 2010
Q3 2011
FX Reserves
Q2 2012
Q1
2013
Q4 2013
Q1 2007
Source: Central Bank, CA sa
Q3 2014
Q2 2015
-FDI Portfolio inv. (rhs)
كريدي أجريكول مصر
CRÉDIT AGRICOLE EGYPTView entire presentation