Egypt

Foreign Aid

In 2015, receipts of official development assistance (ODA) totalled USD 2.5 billion, a significant amount compared to the USD 4.6 billion the country received in FDI in the same year. Within one year, ODA decreased by almost 30% from USD 3.5 billion in 2014. Furthermore, the value of foreign aid received in 2014 decreased by 36% from the 5.5 billion received in 2013.[58]

Table 2.13: Gross receipts of official development assistance, USD millions (2013–2015)

  2013 2014 2015
Net ODA 5,512.5 3,537.6 2,487.7

Source: Organisation for Economic Cooperation and Development, 2017[59]

The United Arab Emirates was the largest bilateral donor to Egypt in 2014–2015, sending USD 2.8 billion to the country. EU institutions, Germany and Arab Fund were among the top ten donors who each contributed more than 600 USD million in 2014–2015. Among the top ten, Italy and Switzerland donated the least – below USD 50 million.[60]

Table 2.14: Top ten donors (2014–2015 average)

Donor USD million
United Arab Emirates 2,816
EU institutions 270
Germany 253
Arab Fund (AFESD) 124
France 119
Japan 111
United States 97
Kuwait (KFAED) 57
Italy 26
Switzerland 22

Source: Organisation for Economic Cooperation and Development, 2017[61]

Economic infrastructure and services received the largest share of aid on average between 2014 and 2015, accounting for 38%. This was followed by social infrastructure and services which received 22% and production and education, receiving 14% and 12% respectively. Health and population received only 3% of the total aid sent to Egypt.[62]

Figure 2.1
Source: Organisation for Economic Cooperation and Development, 2017[63]
Figure 2.7: Bilateral ODA by sector (2014–2015 average)
  • Country Profile
  • Introduction
  • Broad Economic Indicators
  • Currency and Exchange Rate
  • Competitiveness and Ease of Doing Business
  • Foreign Investment and Largest Companies
  • Foreign Aid
  • Country Strategic Framework
  • Summary of Economic Conditions
  • Implications, Challenges and Recommendations
  • Population
  • Living Standards and Poverty Levels
  • Healthcare
  • Implications, Challenges and Recommendations
  • Qualifications Profile of the Population and Workforce
  • Levels of Schooling and Basic Education
  • Technical and Vocational Education and Training
  • Tertiary Education
  • Innovation in Egypt
  • Implications, Challenges and Recommendations
  • Labour Force
  • Employment by Sector
  • Employment by Skill Level
  • Employment by Occupation
  • Labour Productivity
  • Unemployment and Job Creation
  • Expatriates, Immigrants and the Egyptian Diaspora
  • Wage and Salary Trends and Social Insurance
  • Industrial Relations Framework
  • Labour Market Efficiency
  • The Fourth Industrial Revolution
  • Implications, Challenges and Recommendations

Economy

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