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Metawia Mohammad

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With the economy floundering and formal jobs scarce, more Egyptians are trying to make ends meet in the massive gray economy, which operates outside the tax system and most government regulation
October 20th, 2011 - 10:31 GMT

Egypt’s gray economy swells in post-Mubarak turmoil

One fifth of Egypt’s 80 million people live in poverty, according to official figures, and in the short term, the overthrow of Mubarak in February has made life harder for many of them – political unrest and uncertainty have hit the economy hard, deterring investment and disrupting trade and tourism.
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