Tag: Economics

Change Track of Egyptian Budget in 6 Years

Due to the political changes during the last five years, Egypt has witnessed a notable change in government management ways of public expenditure. The government has tended more to debt more and more in an attempt to fill the gap

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Egypt’s Unemployment Continues to Rise

Egypt’s unemployment rate has increased five-fold during the last four years, according to a report issued recently by the Central Agency for Public Mobilization and Statistics (CAPMAS). Now, there is one Egyptian unemployed among every eight Egyptians. Unemployment was at

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In Egypt: Corruption Wastes Up to One Billion

Eighty Egyptian officials at the interior ministry and former ministers have been accused of getting up to billion Egyptian pounds illegally during the period between 2000–2011. According to the proofs of evidence, announced by the Investigative judge Mohammed Abu Bakr,

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