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CAIRO — When the National Election Authority announced the results of the presidential election April 2, it was not only declaring President Abdel Fattah al-Sisi’s victory for a second presidential term, but also the continuation of his economic program, known in the media as “the economic reform program,” for the next four years.
Although this program attracted investments, increased foreign reserves and improved Egypt’s credit rating from stable to positive, many challenges remain unaddressed. These include the high inflation and soaring prices of basic commodities.
