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 (C)</p> Signup and view all the answers

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

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

How much was allocated to support the health sector?

<p>EGP 20 billion (B)</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 (C)</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 (B)</p> Signup and view all the answers

What was done to support the industry sector?

<p>Reducing the price of natural gas (D)</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 (C)</p> Signup and view all the answers

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