Egypt’s potential perfect storm: Pandemic, recession, returnees, and remittance losses
Source: Middle East Institute Author(s): Mirette F. Mabrouk Original Link: https://www.mei.edu/blog/egypts-potential-perfect-storm-pandemic-recession-returnees-and-remittance-losses Last December looked particularly rosy for Egypt’s minister of manpower, Mohamed Saafan. Egypt’s unemployment rate, which had been steadily falling since 2016, was at 7.8 percent, the lowest level in 30 years...
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