Page 29 - Millenial Finomics Issue 1

News

Egypt’s economy continues to strengthen

Egypt’s economic situation continued to strengthen, in which the

real gross domestic product (GDP) grew by 5.6% in the FY 2018-

2019, recording the highest rate in 11 years, according to the Eu-

ropean Bank for

Reconstruction and Development (EBRD).

https://www.dailynewsegypt.com/2019/12/03/egypts-economy-continues-to-

strengthen-gdp-to-rise-5-9-by-2020-ebrd/

Potential Impacts of Climate Change on

Egypt’s Economy

Climate change is a danger to the whole world, but what are the

dangers it brings on Egypt’s Economy if it’s not addressed ade-

quately? This could range from property that could be damaged

due to sea-level rise, the increase in the number of deaths and

valuation of such losses from climate change, induced decrease

in air quality and an increase in heat stress, and losses to tourism

from increased heat and loss of coral reefs.

https://www.abtassociates.com/projects/analysis-of-potential-impacts-of-cli-

mate-change-on-the-egyptian-economy

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