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اقتصاد
Why Egyptians Miss Growth
Economist Atheer al-Shunayti said that achieving high growth does not automatically improve Egyptians’ living standards unless it is accompanied by job creation, curbs on inflation, and efforts to reduce poverty and income inequality. Egypt needs annual growth of 6% to 8% for many years, he explained, along with stable economic policies, productive investment—particularly in industry and tourism—and a balance between the roles of the state and the private sector. He said the economy’s success should be measured by its ability to protect people’s incomes and improve their lives, not by growth rates alone.
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