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The social package included approving a 15% increase in pensions for thirteen million citizens at a total cost of EGP 74 billion, and a 15% increase in “Takaful and Karama” pensions at a cost of EGP 5.5 billion so that the annual increase becomes 55% of the value of the pension, with EGP 41 billion being allocated to Takaful and Karama ...
In 1836, the Egyptian pound was first introduced and it became open for public use. [4] The bank floated the Egyptian pound during the morning of the 13th of November 2016. [5] [6] Financial reserves of the Egyptian pound stood at 2.24 trillion in December 2024. [7]
Brazilian Finance Minister Guido Mantega, who made headlines when he raised the alarm about a currency war in September 2010. Currency war, also known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rate of their currency to fall in relation to other currencies.
The White House did not respond to a request for comment on the $2 drug list. Biden’s order on lowering prescription prices was one of dozens of executive actions Trump rolled back on Monday ...
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The economy of Egypt is the second-largest economy in Africa, and 39th in worldwide ranking as of 2024. Egypt is a major emerging market economy and a member of the African Union, BRICS, and a signatory to the African Continental Free Trade Area (AfCFTA).
Jacob Kushner and Anthony Langat are Kenya-based reporters for the GroundTruth Project, a nonprofit global news service headquartered in the U.S. Ciro Barros and Giulia Afiune are reporters at Agência Pública in Brazil. Musikilu Mojeed is managing editor at the Premium Times in Nigeria. Besar Likmeta is Albanian editor at BalkanInsight.com ...