Egypt: Cabinet Denies Increase of Prices During Structural Reforms of Economy

The cabinet media center denied rumors circulated recently on the increase of prices in parallel with structural reforms supporting the Egyptian economy.

In a report on Thursday 23/7/2020, the center said that the Ministry of Finance said that the news is void of truth. The ministry said that it will focus on refreshing the dense-labor economic sectors that would provide more job opportunities and control the expected increase in the unemployment rates due to coronavirus.

The ministry urged the media outlets to be more careful ahead of spreading these rumors.

More From: Egypt Online

Don't Miss

AllAfrica publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.