The feasibility of Egypt’s IMF loan
On 11 August, the International Monetary Fund (IMF) announced that it had…
Government must improve efficiency of electricity consumption to coincide with price increases: expert
When the government announced two years ago its hope to cut electricity…
Production costs to rise with new electricity prices, consumers to bear the burden: investors
The electricity price increase announced by Minister of Electricity and Renewable Energy…
Expected to be another heavy burden for the poor, citizens refuse electricity price increases
After another increase in electricity prices, citizens appear to not be receptive…
Government policies increase poverty, future for the poor seems bleak: expert
Poverty in Egypt will increase throughout the year, as the government did…
Upper Egypt will become poorer due to corruption: expert
Corruption creates poverty with Upper Egypt being the most affected
Dollar shortage created an inflationary recession in the local market: investors
Manufacturers rely on the informal market for US dollars, and securing 25%…
Inflation rate likely to rise next year: experts
Egypt’s core inflation rate climbed to its highest level in seven years…
High prices, inflation increase not behind CBE’s decision to keep pound’s price against US dollar: analysts
The devaluation of the Egyptian pound against the US dollar is one…
Pace of borrowing will not fall, no alternatives to further external debt: experts
Current pace of borrowing will drive external debt over safe limits within…