The Egyptian Initiative for Personal Rights (EIPR) published a position paper entitled "A full shift to cash subsidy would increase poverty and threaten food security", contributing to the discussion called for by the government around its prop
Files: National Budget
More inflation…more pain inflicted on the people of Egypt
After a downward trend in previous months, Egypt's inflation rates rose again in August and September. The rise was driven by the government's continued implementation of the IMF program's measures, most notably the hike in energy and electricity prices.
The government is seeking to fully transition from a commodity subsidising system to a cash subsidy system and tasked the “National Dialogue” with discussing the transition with civil society to develop a clear plan for the state and the government on how to implement this transition ‘if it proves feasible,’ as Prime Minister Mostafa Madbouly has said.
As the world marks the Teachers' Day today, there is an intense debate in Egypt concerning the lack of education infrastructure and the shortage of teachers – as an estimate of 470,000 teachers are needed nationwide.
The Egyptian Initiative for Personal Rights (EIPR) released today an analytical paper entitled "2024/2025: A Budget for Interest on Debt... Austerity for us, profits for creditors".
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Real spending on all items is on the wane, except for loan cost
This report was prepared by Mohamed Ramadan, researcher at the Economic and Social Justice Unit of the Egyptian Initiative for Personal Rights (EIPR), and edited by Wael Gamal, director of the unit.
I. Introduction
This year's Labour Day marks a very difficult year for all wage earners in Egypt.
This year's Labour Day marks a very difficult year for all wage earners in Egypt. The public debt crisis, the exchange rate crunch that resulted in significant devaluations of the local currency against the US dollar, the successive inflation shocks, the rises in commodity prices, and the economic policies sponsored by the International Monetary Fund (IMF) have all dealt successive painful blows to wages and living standards of the majority of wage dependants in Egypt.
To the Prime Ministers of Belgium, Alexander De Croo, Greece, Kyriakos Mitsotakis, and Italy, Giorgia Meloni, and the President of the European Commission, Ursula Von Der Leyen,