Business Secrets of the Pharaohs ...Kuwait

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Business Secrets of the Pharaohs
This week on The New Arab Voice, we're casting a look over the Egyptian economy and its recent fiscal troubles. Earlier in January, the International Monetary Fund (IMF) signed off on a $3 billion loan for Egypt; the fourth loan the country had received since 2016.  The loan was granted following continued anaemic growth and a dramatic fall for the Egyptian pound, which lost over half its value.  The economic problems have severely impacted the people of Egypt, with a third of the country's population now living in poverty, and another third on the brink of poverty.  At the heart of the reforms demanded by the IMF, is an end to the control of the Egyptian military ov

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