Ready to play
Ready to play
The article discusses President Abdel Fattah El-Sisi's remarks regarding the financial burdens Egypt bears in the context of social support and protection, which amount to approximately one trillion Egyptian pounds annually. This figure includes direct support as well as the costs of borrowing. Sisi explained that economic challenges, such as rising oil prices and the possibility of them reaching $150 per barrel, impose additional hardships on the state, prompting questions about whether citizens can shoulder these impacts. He emphasized that the costs of projects and limited resources necessitate prudent management and pointed out that Egypt has faced significant crises and challenges since 2011. Despite these difficulties, divine protection has maintained the country's stability. Sisi expressed optimism and noted that the current challenges require awareness and determination to overcome through appropriate resources and well-thought-out policies.
Notice: This Is an AI-Generated Summary
Comments (0)