Egypt’s economic turmoil squeezes struggling middle class
Egypt
- Date: 18-Jan-2023
- Source: Arab Weekly
- Sector:Financial Services
- Country:Egypt
Egypt’s economic turmoil squeezes struggling middle class
CAIRO –
With Egypt’s economy in crisis, the currency in free fall and inflation skyrocketing, the poor have been hit hard but the middle class is also teetering on the brink.
“It’s like we were hit by an earthquake, suddenly you have to let go of everything,” said Manar, a 38-year-old mother of two.