{"id":27872,"date":"2018-03-22T10:58:20","date_gmt":"2018-03-22T10:58:20","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2018\/03\/22\/one-week-before-presidential-elections-what-is-the-economic-context-of-egypt\/"},"modified":"2020-08-11T11:31:38","modified_gmt":"2020-08-11T09:31:38","slug":"one-week-before-presidential-elections-what-is-the-economic-context-of-egypt","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2018\/03\/22\/one-week-before-presidential-elections-what-is-the-economic-context-of-egypt\/","title":{"rendered":"One week before presidential elections, what is the economic context of Egypt?"},"content":"\nIn\u00a0Egypt citizen claims a day-to-day vision of life as the structure of the economy is not yet stable. Many of them are affected by a lack of a decent income. However, the government rose the minimum wage fixed at 1 200 Egyptian pounds (68,10 $ a month), the inflation rate deteriorated the social situation. To compare, the minimum wage in 2013 was equivalent to 174$.\nThe unemployment rate decreased since 2013: the worst year for Egypt as 13,2 million of Egyptians were unemployed after the Brooking Institute study. In 2017, the official of unemployed people was of 11,6 million. Still, unofficial unemployment could be largely higher especially for the young aged under 30.\nAmidst an extremely tense social and economic context in Egypt, and the sole candidate running for the presidency being Abdel Fattah El Sissi, the country benefits from Financial international supports.\nDiscover out our latest videos about the economic news in Egypt :\u00a0\n\n\n","author":75,"featured_media":3522,"comment_status":"open","ping_status":"open","template":"","tags":[5761,5766,5751,5756,5755,2961,5750,5759,5762],"location":[5600],"class_list":["post-27872","news","type-news","status-publish","has-post-thumbnail","hentry","tag-decision-makers","tag-economic-analysis","tag-economy","tag-employment","tag-employment-training","tag-institutions","tag-news","tag-politics","tag-trending","location-egypt"],"short_url":"","have_related_news":null,"chapo":"The country will vote on Monday. Despite many loans and support gave by international financial institutions, the economy remains vulnerable.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/cairo.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/cairo.jpg 550w","sizes":"550px","alt":"Egypte : 73 millions de $ d\u2019investissement en fonds propres pour la plateforme d\u2019enseignement sup\u00e9rieur Taaleem 1","width":550,"height":360,"ratio":0.75,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/cairo-797x598.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/cairo-797x598.jpg 1170w","sizes":"1170px","alt":"Egypte : 73 millions de $ d\u2019investissement en fonds propres pour la plateforme d\u2019enseignement sup\u00e9rieur Taaleem 1","width":1170,"height":658,"ratio":0.75,"credit_photo":""},"acf":[],"yoast_head":"\nOne week before presidential elections, what is the economic context of Egypt? - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"In\u00a0Egypt citizen claims a day-to-day vision of life as the structure of the economy is not yet stable. Many of them are affected by a lack of a decent\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecomnewsmed.com\/en\/2018\/03\/22\/one-week-before-presidential-elections-what-is-the-economic-context-of-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"One week before presidential elections, what is the economic context of Egypt? - Ecomnews Med\" \/>\n<meta property=\"og:description\" content=\"In\u00a0Egypt citizen claims a day-to-day vision of life as the structure of the economy is not yet stable. 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