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Prices soar in Egypt, but people find ways to cope

In Egypt, economic challenges since 2016 forced the people to adapt to price hikes. From an economic standpoint, the rising prices drive customer demand lower. To cope, Egyptians are struggling to cut their expenses and find alternatives to pricey commodities and services.

Bassant Mohammed

Egypt’s economic growth to record 5.5% in 2019: IMF

Washington, DC – Egyptian economy will grow by 5.5% this year, the International Monetary Fund (IMF) said in its World Economic Outlook (WEO) April 2019, unchanged from its expectations in October 2018. Further, the IMF expected that the country’s economic growth will reach 5.9% in 2020. However, Egypt’s economic growth forecast was estimated at 6% in …

Shaimaa Al-Aees