During Covid, Egypt was one of the few emerging market countries that experienced a positive growth rate in 2020 (Allard, 2021). Egypt is among the few emerging markets that maintained positive GDP growth in 2019-20 and 2020-21 (Allard, 2021). The fast actions taken by Egyptian authority has helped the economy. Egyptian authorities concentrated on both the health and social impact of the pandemic all while safeguarding economic stability and debt sustainability (Allard, 2021). The reason for a successful game plan during a worldwide pandemic was because of the $8 billion which was provided by the IMF for financial support. The financial support plan was a two-pronged plan to help Egypt address the financing needs that resulted from the pandemic (Allard, 2021).