With all the instability within the Middle East and North Africa region of late, Egypt has nonetheless managed to reign in soaring inflation and win its largest-ever foreign investment. Egypt’s efforts to restore macroeconomic stability in recent years have led to an arrangement under the IMF’s Extended Fund Facility for Egypt, which makes available US$820 million to help support its reform agenda. Ivanna Vladkova Hollar leads the IMF’s work in Egypt. In this podcast, she says that while stabilizing its economy is positive, Egypt’s next big step is an economic transformation that will lift its private sector.
Transcript: https://bit.ly/4efXuzH
Learn more about the IMF’s work in Egypt at IMF.org/Egypt
Working from home was not an option for most people before March 11, 2020, when work and home life suddenly collided. The pandemic upended many aspects of doing business, but the daily commute is one routine that seems unlikely to return to what it was. Nicholas Bloom was studying the potential impact of remote work long before the pandemic launched it into the mainstream and now has data to suggest businesses should stick to the hybrid working model. Bloom is the William D. Eberle Professor of Economics at Stanford University.
Transcript: https://bit.ly/3Xbxfmz
Read the article in Finance and Development: IMF.org/fandd