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The report gives an accurate picture and statistical information that reflects the changes occurred in most sectors of the Republic.

Rising prices of food, beverages and medical care most contributed to this high inflation, according to state statistics body CAPMAS.

The boom and bust cycle of oil will decrease as “countries that have depended on oil and not been competitive go through structural reforms.”

A counter-argument to the rapid expansion of GDP has been that data on Africa’s growth is weak, this presents a different problem: undercounting.

Egypt risks falling into trap of relying too much on central bank, says prominent economist.

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