“Since the fall of Hosni Mubarak in 2011, Egypt has experienced - TopicsExpress



          

“Since the fall of Hosni Mubarak in 2011, Egypt has experienced a drastic fall in both foreign investment and tourism revenues, followed by a 60% drop in foreign exchange reserves, a 3% drop in growth, and a rapid devaluation of the Egyptian pound. All this has led to mushrooming food prices, ballooning unemployment and a shortage of fuel and cooking gas… Currently, 25.2% of Egyptians are below the poverty line, with 23.7% hovering just above it, according to figures supplied by the Egyptian government
Posted on: Wed, 31 Jul 2013 20:35:01 +0000

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