Source: Arab Center Washington DC
Author(s): Gregory Aftandilian
Original Link: http://arabcenterdc.org/policy_analyses/positive-economic-growth-in-egypt-belies-mounting-problems/
Egypt has received high marks from the International Monetary Fund (IMF) for carrying out a series of difficult economic reforms and for its success as an emerging market. However, such positive trends mask a deeply troubling domestic scene that includes rising poverty, a squeezed middle class, high food prices, persistently rising youth unemployment, and increasing political repression. Moreover, although the government often repeats a pledge to stamp out terrorism, violence by extremist groups in the northern Sinai as well as the Cairo region continues.
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