Egypt's Economy Spluttering
- Publisher:
- Al Jazeera
- Publication Date:
- 4 January 2013
- Tags:
- Egypt, Economy, Business and Finance
Egypt has staged a successful uprising against the regime of Former President Husni Mubarak and held presidential elections.
But the move to democracy has not been accompanied by an economic boom.
Instead, Egyptians have endured one financial crisis after another.
The currency has plummeted and the government is threatening tax rises and spending cuts.
Al Jazeera's Rawya Rageh has the story from Damietta in Egypt.
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- Nation's Upper House Convenes in First Act of State Under New Constitution
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- Moussa Urges FJP to Approve His Initiative
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- SCC Convenes With Fewer Judges
- Mursi Puts New Constitution Into Effect
- Mubarak Moved to Military Hospital
- Defense Minister Reiterates Army's Neutrality
