Egypt: How Gov. reacts toward the deepening economic crisis

Source: Egyptian Institute for Studies

Author(s): Ahmed Zikrallah

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The economic projects implemented by the state have not produced significant revenues for anyone but their contractors, as the frantic focus was on infrastructure projects, especially roads and bridges, and establishment of two new capitals: a winter capital and a summer capital. Then, some repercussions of the Russian war on Ukraine started to appear, in addition to the already deteriorating conditions of the Egyptian economy as a result of the policies adopted by the regime over the past years. The paper attempts to answer the question is: How does the Egyptian regime react toward the worsening economic crisis in the country?

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