Post COVID-19 Firm-Level Government Support in Egypt: Uneven Allocation and Unequal Effects

Economic Research Forum

This article explores the allocation and effectiveness of government support to firms in Egypt where the authors considered both financial support measures which were already being implemented pre-COVID, as well as tax- and loan-related exemptions and deferments. The main findings show that government support has helped mitigate the effects of COVID-19, with a significantly larger, favorable impact on smaller, younger and private firms.

Working Paper