In Egypt, people talk about nothing but inflation and high prices. The key word is always the dollar, which is expected to rise to 100 pounds before the middle of the year.
The biggest reason behind the crisis is the huge external debt ($190 billion after adding $24.6 billion in interest for the year 2024), he says. All the solutions offered by the state led to further deterioration, he writes. In light of this situation, it is worth saying that the economic axis of the “National Dialogue” may also become difficult, he adds.