New austerity measures could hit Egypt’s most vulnerable hard

Source: Middle East Institute

Author(s): Mirette F. Mabrouk

Original Link:

Amid socially and economically frustrating conditions due to the pandemic, Egyptians may soon have another trial to weather: more austerity measures. For a people who are already struggling with the effects of the last round of austerity measures, which were a side effect of an IMF-backed economic reform program and loan, the new measures will likely be an especially bitter pill to swallow.

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