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BBC World Service

Egypt’s economy two years after revolution

Marketplace Contributor Feb 11, 2013
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BBC World Service

Egypt’s economy two years after revolution

Marketplace Contributor Feb 11, 2013
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“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.

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