Cairo – Mubasher: Egypt has been the only economy in the MENA region that kept the confidence of international credit rating agencies amid the coronavirus (COVID-19) crisis, maintaining a stable outlook despite the current challenges, JP Morgan said. 

The economic reforms that Egypt adopted in the last few years helped the country face the current crisis, the finance minister Mohamed Maait noted in a statement on Thursday. 

The government allocated a financial package that represents 2% of the gross domestic product (GDP) to help mitigate the repercussions of the pandemic, Maait added.