Tuesday 18 December 2018
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herald - 16 days ago

Fixing Egypt’s debt will not be easy

On November 7, in response to ballooning public debt, the Egyptian government announced a new package of austerity measures, including liberalising the price of bread flour as of January 1, 2019, and raising the price of Cairo metro tickets as of December 2019 following a similar fare hike in May.

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