Price Hikes and Marriage Delays: Egyptian Youth Struggle to get Married Amid Economic Crisis ...Egypt

Photo via flickr It all started on 21 March. As the Arab world prepared to celebrate Mother’s day, Egyptians woke up content, ready to honor mothers and maternal figures in their lives. To the surprise of many, however, it had not panned out as a day of celebration but as a day of panic. The Central Bank of Egypt (CBE) announced the devaluation of the Egyptian pound by 15 percent, with EGP 18.1 for buying and EGP 18.2 for selling, down from EGP 15.6 and EGP 15.7 respectively the night before. After public speculation and circulating rumors in Egyptian streets, the CBE confirmed people’s fear in an unannounced move, attributing its decision to global inflationary pressures, the Ukraine war, a

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Price Hikes and Marriage Delays: Egyptian Youth Struggle to get Married Amid Economic Crisis ...Egypt

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