Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Don't believe 'nonsense' about economy, says Egypt's El Sisi

President's comments come the same day as an austerity package designed to address the foreign currency crunch.
11.01.23 | Source: The National News

Egypt’s President on Monday warned Egyptians against believing inaccurate information about the country’s worsening economic crisis, saying they should only listen to the government on the subject.


“The circumstance is very, very difficult,” President Abdel Fattah El Sisi said of the country’s economic woes, which he blamed on the Russia-Ukraine war and the coronavirus pandemic before it.


The President’s comments were made the same day that his government announced an austerity package mainly designed to address a months-old foreign currency crunch.

FREE NEWSLETTER