Tag Archives: poverty

Egypt’s Steep Challenges

Egypt’s government hopes a round of painful economic restructuring will enable growth sufficient to shake off economic stagnation. But the problems may well be too severe to overcome with brief shock therapy. We wonder: Which of the following statements about Egypt’s economy are true?

A. About 30% of the population lives in extreme poverty
B. Budget spending on food and fuel subsidies is 30%
C. Inflation is 33%
D. Youth unemployment is 30%
E. All of the above
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