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The story behind Egypt's BOP improvement

Egypt's current, capital and financial accounts have improved July - March 2013/2014. Find out what money went where.
Some key findings of the report:
? Cash and commodity transfers from Arab Gulf States outweighed the sluggish or deteriorated performance of key dollar generating activities.
? The oil trade balance benefited from oil grants received during the period.
? Tourism activity had been significantly hit with receipts dropping by almost 57%.
? Private transfers decreased slightly after being exceptionally mobilized over the last two years.

Download the full report to find out what else mattered.
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