Inflation, bread subsidies, diplomacy with Africa get airtime on Egypt’s airwaves
Yesterday’s release of lower-than-expected inflation figures was among the highlights on the airwaves last night, which were otherwise relatively bland.
Yahduth fi Masr’s Sherif Amer gave us a blow-by-blow of Capmas’ report on June’s inflation figures, which were driven down by a drop in most foodstuff, particularly vegetables. Some food items, including seafood and fruits, saw their prices rise during the month, Amer noted (watch, runtime: 1:57). We have the full story in Speed Round, below.
Supply Ali El Moselhy reassured the public that there will be no increases in the prices of subsidized bread and basic commodities despite this month’s fuel subsidy cuts, Amer also reported (watch, runtime: 2:13).
El Sisi’s African diplomacy still going strong: Al Hayah Al Youm’s Khaled Abu Bakr kept himself busy with President Abdel Fattah El Sisi’s bilateral discussions with Tanzanian Prime Minister Kassim Majaliwa (watch, runtime: 2:51). The meeting comes after El Sisi chaired on Sunday a two-day summit in Niger to launch the African Continental Trade Area (AfCFTA)