EGYPT: ANOTHER STREET REVOLUTION BECOMES LESS LIKELY AS ECONOMIC INDICATORS IMPROVE
Mon, 30 September 2019
Small-scale demonstrations in Egyptian cities are little more than a stinging condemnation of corruption within the country’s opaque military-industrial complex. Protesters are not calling for a removal of the military-backed regime, while slowing inflation and termination of IMF-mandated austerity measures should give the government more flexibility to loosen fiscal and monetary policy that will mitigate risk of unrest from next year.
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