Economics
Egypt Has Crisis Experience to Handle a Fed Taper, Minister Says
- Egypt has coped in recent past with capital flight, Maait says
- Finance chief downplays S&P concern about debt-servicing costs
Mohamed Maait
Photographer: Chris J. Ratcliffe/BloombergThis article is for subscribers only.
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Egypt’s finance minister voiced confidence in his country’s ability to cope should the U.S. Federal Reserve start tapering its pandemic stimulus, a risk because that may undercut the North African nation’s appeal among investors.