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Monday, 27 February 2023

Inflation is topic du jour in the foreign press

The economic crisis is front and center in the international press this morning, foreign outlets commenting on the impact of surging prices on Egyptian society.

Koshary is food of the poor no more: Spiraling food prices are putting Koshary — a traditional food of the working class — beyond the reach of Egypt’s poorest. Bloomberg’s new Koshary index estimates that the average price of the dish’s ingredients has jumped almost 60% y-o-y in December.

Doctors are leaving Egypt amid poor pay + soaring inflation: Doctors are deserting Egypt’s public healthcare system for jobs abroad as low wages and soaring inflation leaves them unable to make ends meet, the Washington Post reports. More than 11.5k doctors left Egypt’s public healthcare system between 2019 and 2022, raising pressure on hospitals amid a shrinking supply of qualified doctors.

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