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المصري اليوم
Majid Othman on Optimism and Economic Risks
The article discusses a rare demographic opportunity for Egypt, represented by a roughly 40% decrease in the birth rate over ten years. This decline eases pressure on education and healthcare services and provides a chance to improve their quality. However, the article clarifies that the true benefit depends on the country's ability to finance improvements and create sufficient job opportunities, as government spending on education and health remains limited and faces challenges due to high debt interest payments, which account for more than half of the budget. Therefore, Egypt’s success in capitalizing on this opportunity requires directing resources toward increasing productivity and developing the private sector, rather than merely reducing the number of children, to ensure a better standard of living and a sustainable economic future.
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