Masress.com (Egypt) published an article based on Senior Research Fellow Clemens Breisinger et al.’s blog post, Economic impact of COVID-19 on tourism and remittances: Insights from Egypt. Lower tourist spending will affect not only hotels, restaurants, taxi enterprises, and tourist guides, but also food processing and agriculture. The expected reduction in tourism will have the strongest effect on households, making up more than half the economic impact for all household types. Republished in Al Ahram.
Holding together (Masress.com)
April 21, 2020