inflation

Egypt’s annual urban inflation falls to 13.3% in March
Economy

Egypt’s annual urban inflation falls to 13.3% in March

The Central Agency for Public Mobilization and Statistics (CAPMAS) reported a decrease in the annual urban consumer price inflation by…
Underpaid Venezuelans skipping out on work to make ends meet
World

Underpaid Venezuelans skipping out on work to make ends meet

On many days, Ramon Medina has no choice but to skip work to make ends meet. Like around half of…
Egypt govt prepares for second phase of reform program to boost ailing economy
Economy

Egypt govt prepares for second phase of reform program to boost ailing economy

Egypt Prime Minister Sherif Ismail said on Monday that he met the Governor of the Central Bank of Egypt Tariq…
IMF expects no additional taxes in Egypt in 2018
Business

IMF expects no additional taxes in Egypt in 2018

IMF Director for the Middle East and Central Asia Department Jihad Azour predicts that no additional taxes will be implemented…
BBC International School reports indefinite closure after next semester, parents furious
Egypt

BBC International School reports indefinite closure after next semester, parents furious

BBC International School in Egypt has released a statement announcing that this school year will be their final one 32…
Egypt hikes 2017-18 economic growth forecast to 5.3-5.5 percent
Economy

Egypt hikes 2017-18 economic growth forecast to 5.3-5.5 percent

Egypt has revised up its economic growth forecast for fiscal 2017-18 that began in July to 5.3 to 5.5 percent…
Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS
Egypt

Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) stated on Wednesday that the annual inflation rate declined by 0.2…
Egypt’s central bank keeps interest rates unchanged
Economy

Egypt’s central bank keeps interest rates unchanged

Egypt’s central bank kept its key interest rates unchanged on Thursday as inflation remained in double digits a year after…
Venezuela’s opposition reinvents itself with soup kitchens
World

Venezuela’s opposition reinvents itself with soup kitchens

Miguel Castillo hurried up a narrow, dusty street in a poor neighborhood in Venezuela’s capital city carrying a boy who…
Egypt’s finance minister says expects Jan inflation at 20 pct
Economy

Egypt’s finance minister says expects Jan inflation at 20 pct

Egypt’s inflation rate is expected to drop to 20 percent in January and to 13-14 percent by August, Finance Minister…
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