Subsidy abolition plan

Pension increase canceled out by consumer inflation
Egypt

Pension increase canceled out by consumer inflation

On May 9, President Abdel Fattah al-Sisi approved a 10 percent increase on all state pensions, a move that benefits…
Lifting subsidies, without impoverishing the people
Business

Lifting subsidies, without impoverishing the people

As the Egyptian government comes to terms with its dwindling funds and struggles to navigate a worsening financial crisis, the…
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