Fig. 2: Trend of primary budget balance as a share of GDP (%) in Egypt (1988–2022).
From: Do institutions matter in the fiscal reaction function? The case of Egypt
Source: constructed by the authors using data from the Central Bank of Egypt (CBE) on Primary Balance and data from World Development Indicators (WDI) on GDP. Webpage for CBE: https://www.cbe.org.eg/en/economic-research/time-series Webpage for WDI: https://databank.worldbank.org/source/world-development-indicators.
