Economics & Currency
Debt, currency, fiscal policy and IMF programmes — and how each reshapes the unit economics of African tourism enterprises and destination receipts. The Corridor Index measures the proportion of tourism receipts that stay within national accounts versus the proportion that exits through foreign ownership, imported supply chains and offshore intermediaries.
Egypt's tourism receipts are not a sector. They are an IMF programme.
The Egyptian state has drawn $5.2 billion under an $8 billion IMF programme. The Suez Canal has lost $6 billion in annual revenue to Houthi attacks. Tourism receipts grew 17 percent in 2025 to roughly $16 billion. The IMF attributed the current account improvement specifically to remittances and tourism receipts. Tourism is the load-bearing instrument of the programme.
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