Austerity measures a major cause of poverty increase, statistics agency advisor says

Source: Madamasr Author(s): Beesan Kassab Original Link:  https://madamasr.com/en/2019/09/04/feature/economy/austerity-measures-a-major-cause-of-poverty-increase-statistics-agency-advisor-says/ The results of a biannual government report on household finances published at the end of July show that Egypt’s poverty rate increased 4.7% to 32.5% of the population over 2017 and 2018, up from 27.8%...

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Recent Official Figures Suggest That 32 Percent of Egyptians Live in Poverty. What Are the Likely Impacts of This?

Source: Carnegie Author(s): Michael Young, Osama Diab, Beesan Kassab, Amr Adly, Sherif Mohyeldeen Original Link: https://carnegie-mec.org/diwan/79687 A regular survey of experts on matters relating to Middle Eastern and North African politics and security. Read more at original link

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MP: New fuel pricing mechanism ‘rushed’ through to appease IMF on subsidy cuts

Source: Madamasr Author(s): Beesan Kassab Original Link:  https://madamasr.com/en/2019/07/09/feature/economy/mp-new-fuel-pricing-mechanism-rushed-through-to-appease-imf-on-subsidy-cuts/ The government raised fuel prices on Friday, the latest in a round of subsidy cuts tied to an economic program backed by the International Monetary Fund. This is the fifth hike in fuel prices since the process...

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The new administrative capital: Outside the state budget or outside public accountability?

Source: Madamasr Author(s): Beesan Kassab Original Link: https://madamasr.com/en/2019/05/25/feature/economy/the-new-administrative-capital-outside-the-state-budget-or-outside-public-accountability/ The government project to build a new administrative capital in the desert east of Cairo is well underway, with plans to construct ministries, residential neighborhoods, artificial lakes, conference...

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