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Egyptian Inflation Hits Highest Level in a Decade – Arwa Gaballa (Reuters via Daily Alert)

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Feb. 14, 2017

Egyptian Inflation Hits Highest Level in a Decade – Arwa Gaballa (Reuters)
Egypt’s inflation rate soared to its highest level in more than a decade, hitting 31% in January as the effects of IMF-endorsed austerity measures ripple through an economy undergoing painful reforms.
The austerity measures carry enormous political risks for President Sisi.

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  • Published: 4 years ago on February 14, 2017
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  • Last Modified: February 14, 2017 @ 2:31 pm
  • Filed Under: Mid. East news

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