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Yumn al-Hamaqi

Yumn al-Hamaqi latest

Egypt: COVID-19 Heightens Economic Vulnerability
March 30th, 2020 - 09:30 GMT

Egypt: COVID-19 Heightens Economic Vulnerability

The COVID-19 pandemic will be devastating to the Egyptian economy in the short term but the overall effect of the disease-induced emergency will depend on how long before it subsides, economists said. “The COVID-19 outbreak is paralysing all sectors of the economy,” said Yumn al-Hamaqi, a professor of economics at Ain Shams University. “This is opening the door for unprecedented losses.” The Egyptian government has taken drastic measures to try ...
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