Egypt's Looming Insolvency Crisis

Source:
Stratfor
Date of source:
9 May 2014
Reference:
Egypt, like many of its Arab neighbors, has long relied on subsidies to ward off social instability. The
large subsidy regime has become increasingly untenable as Egypt nears insolvency, and this year
the government has begun to address several main subsidies to bolster the overall health of the
economy.
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