A Bundle is already in your cart
You can only have one active bundle against your account at one time.
If you wish to purchase a different bundle please remove the current bundle from your cart.
You have unused credits
You still have credits against a bundle for a different licence. Once all of your credits have been used you can purchase a newly licenced bundle.
If you wish to purchase a different bundle please use your existing credits or contact our support team.
00:52
IMF lowers projections for Egypt's real GDP growth in FY2023/2024
STORY: IMF lowers projections for Egypt's real GDP growth in FY2023/2024
SHOOTING TIME: Earlier footage
DATELINE: Jan. 31, 2024
LENGTH: 00:00:52
LOCATION: Cairo
CATEGORY: SOCIETY
SHOTLIST:
1. various of Central Bank of Egypt2. various of Egyptian banknotes and U.S. dollars
STORYLINE:
The International Monetary Fund (IMF) has downgraded its forecasts for Egypt's real GDP growth in the current FY2023/2024 to 3 percent, down from the 3.6 percent it projected in October of 2023.
In its updated World Economic Outlook (WEO) report released on Tuesday, the Fund has also lowered its projections for the country's real GDP growth in the incoming FY2024/2025 to 4.7 percent, down from 5 percent it projected in October of 2023.
An IMF mission is now in Egypt to discuss a possible additional financing package for the country that is suffering a severely challenging economic situation amid the repercussions of global and regional tensions.
Egypt is currently experiencing harsh economic woes, mainly the severe shortage of the U.S. dollar, the rising prices of staples and services, and the weak foreign direct investment (FDI) inflows.
Xinhua News Agency correspondents reporting from Cairo.
(XHTV)
Categories
From the blog
Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video
Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.
View post
