According to Al-Monitor, Egypt's economy is "trapped" in a "vicious cycle of IMF debts."
Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.Egypt’s economic growth has been robust, averaging 5.3 percent in FY2017/18; a rate that was sustained through Q1-FY2018/19, driven by an expansion in the gas extractives, tourism, manufacturing, construction and ICT sectors. On April 22, 2019, Egyptians cast their votes on the latest amendments, that include extending the presidential term of office from four to six years, and increasing the current president's term, assuring that Sisi will remain in office until 2030.
Aon Risk Solutions reports that the "overall terrorism and political violence level for Egypt is very high." Updated as of 2019. Other amendments expanded the role of the Armed Forces and military courts over the civilian population, seemingly heading the country on a path to a more autocratic rule.Opposition continues, and with no consensus on the exact relationship between key state institutions, Egypt continues its long struggle for power involving the military and civilian politicians.Despite successive authoritarian governments, Egypt boasts a long tradition of party politics, with left-wing, liberal, and Islamist groups challenging the power of Egypt’s establishment. Prosecutors continued to use detainee confessions despite credible allegations they were coerced through torture. "There is, effectively, no check on the harsh government of Sisi.Freedom House cites "corruption, mismanagement, political unrest and terrorism" as reasons for Egypt's severe economic issues.
At time of writing, the government had yet to adopt by-laws required for implementation. Egypt’s Economy Isn’t Booming. In 2017-2018, Egypt achieved substantial progress in fighting the endemic Hepatitis C virus through a national health program that included treatment care and new steps for systematic screening.Egypt’s international allies continue to support Egypt’s government and rarely offer public criticism. Some cases have been transferred to the Emergency State Security Courts, a parallel judicial system operating since October 2017, under the state of emergency that the government claims is being used only against terrorists and drug traffickers. If the current trend continues, Egypt will soon be bankrupt. Whether Egypt can hold back discontent over soaring prices and economic woes remains to be seen.Egypt has been in a state of unease since Egypt's former President Hosni Mubarak was toppled during the Arab Spring uprising in 2011.
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