Flour and metro tickets: Sisi’s futile solution to Egypt’s debt crisis

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

from The Daily Star >> Live News https://ift.tt/2r5Kc2E