The objective of this paper is to identify the magnitude of the public debt problem in Egypt and to provide some guidelines for policymakers in dealing with the increasing public debt. In the paper, the issue of public debt is looked at as a result of the interaction of fiscal policy and the...

The major purpose of this paper is to analyze the actual exchange rate policies followed by Egypt since the Central Bank of Egypt (CBE) announced its adoption of a floating ER regime in January 2003. Based on our analytical and empirical approaches to analyzing the actual degree of flexibility...