The premier's announcement came one day before Fitch Solutions had raised its forecast for Egypt’s inflation in 2023 to 32.3 per cent, up from an average of 25.9 per cent in the previous month.
Sunday's announcement came one day before Fitch Solutions released a report, raising its projection for Egypt's inflation during 2023 to 25.9 per cent, up from the 18.3 per cent it projected in February.