Financing Sustainable Development in Egypt Report

Authors

• Sarah Elkhishin, The British University in EgyptFollow

Document Type

Research Project

Publication Date

2-28-2022

Abstract

There are general drivers of debt that are common to all emerging markets and developing economies. Egypt has its own debt issues that require debt sustainability to be defined in a way that suits the Egyptian context and accounts for the country’s specific economic and political dynamics.

While debt vulnerabilities in many emerging markets and developing economies are generally driven by surging private debt and non-financial borrowing owing to a lowinterest environment, debt vulnerabilities in Egypt arise mainly from fiscally driven public debt owing to longstanding structural imbalances and poor institutional performance. Since the 1990s, Egypt has been engaged in successive attempts at structural reform to address its macrofiscal imbalances and debt problems. However, several factors impeded the sustainability of the outcomes from these reforms.

Comments

The report presents an analysis of the various dimensions of financing for development affecting the achievement of the SDGs in Egypt.

Dr. Sarah El khishin contributed to the following chapter:

8. Debt management in Egypt and financing the Sustainable Development Goals

Recommended Citation

El-Khishin, Sarah. (2022). “Debt management in Egypt and financing the Sustainable Development Goals”, in: M. Mohieldin (Ed). Financing Sustainable Development in Egypt Report. (Cairo: League of Arab States, 2022).