Egypt’s economy two years after revolution
Share Now on:
“Bread, freedom, social justice” — that’s the slogan Egypt protestors used during their successful uprising in 2011. Today, protestors in Egypt have been urged to use the same slogan in protests marking the second anniversary of Hosni Mubarak’s fall from power.
But whatever the political situation in Egypt, one thing’s for sure, the economy is in a much worse state today than it was in the immediate aftermath of the revolution two years ago. It is growing at a slower rate, unemployment has risen, and the value of Egyptian pound has plunged against the dollar — driving up the cost of food.
To hear how Egypt aims to stabilize its economy, click on the audio player above.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.