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Egypt's Economic Reform Program
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Egypt's Economic Reform Program

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Questions and Answers

What global organization confirmed Egypt's positive growth rate during the COVID-19 crisis?

  • The World Bank (correct)
  • The Organization for Economic Co-operation and Development
  • The International Labour Organization
  • United Nations
  • What was the purpose of the EGP 1 billion allocated to exporters in March and April 2020?

  • To pay part of their dues (correct)
  • To reduce the price of natural gas
  • To support the health sector
  • To increase employment rates
  • How did the government extend the deadlines for tax returns and payments?

  • By reducing the tax rates
  • By extending the deadlines (correct)
  • By increasing the financial allocations
  • By investing in the stock exchange
  • What was the purpose of the additional EGP 10 billion allocated to government investments?

    <p>To preserve employment</p> Signup and view all the answers

    What was the total financial stimulus program allocated by the government?

    <p>EGP 100 billion</p> Signup and view all the answers

    How much was allocated to support the health sector?

    <p>EGP 20 billion</p> Signup and view all the answers

    What was the purpose of allocating EGP 20 billion to the stock exchange?

    <p>To support the economy through investment</p> Signup and view all the answers

    What was the result of Egypt's policies and decisions to tackle COVID-19?

    <p>Positive growth rates</p> Signup and view all the answers

    What was done to support the industry sector?

    <p>Reducing the price of natural gas</p> Signup and view all the answers

    What was the outcome of the government's efforts to tackle COVID-19?

    <p>Egypt was the only country in the region with positive growth rates</p> Signup and view all the answers

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