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Sisi reduces debt by borrowing and expands taxes

Economists and former officials ridiculed the statements of the coup chief Abdel Fattah El-Sisi about his directives regarding the need to reduce public debt, and the state adopts a policy of taxation to increase its resources, in light of the failure to increase production, as the Egyptian economy faces a serious crisis that is the decline in domestic production, due to the increased burden of producers As a result of high prices for fuel and electricity.

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