MICA
FULL MEMBER
- Joined
- Feb 17, 2015
- Messages
- 1,116
- Reaction score
- 5
- Country
- Location
16 billion* and around 3/4 month
reasons new policies to end/weaken the black market + 25% reduction in exports due to the power (fuel and electricity) shortage in the first half of the year which caused some factories to reduce production this was solved.
The Egyptian pound will keep devaluing as it is not at its actual value something that I hope they keep doing the pound till it reach its actual value something that is gonna help to bring more foreign investments. that makes the egyptain pound the second worst currency after the algerian in the arab world (that is according to CNBC)
(The golf aid has stopped as the egyptian economy is improving and does not need aid)
ffs stop quoting this guy already !