President comments on upcoming tough reform measures
President Sisi said that Egypt would end its dollar exchange rate problem within months because it cannot put off tough measures to revive the economy. Sisi said officials had waited too long to act, and that piecemeal measures taken over the years were no longer tenable. “The size of the challenges is beyond imagination, and the responsibility for coping with them doesn’t fall solely on my shoulders but is a responsibility shared by Egyptians as a whole,” he said. (Bloomberg, Al Ahram)
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