Economic reforms prepared Egypt for the coronavirus crisis, minister says
Structural reforms in Egypt readied its economy for the impact of the ongoing global pandemic, according to the country’s minister for international cooperation.
“We entered this crisis with fiscal buffers as well as foreign reserve buffers, which helped weather the first shock,” Rania al-Mashat told CNBC’s Hadley Gamble this week.
“If it weren’t for those comprehensive reforms on the taxside,…