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Al Jazeera
Al Jazeera
Business
Al Jazeera Staff

Gov’t mismanagement, external pressures as Arab currencies crash

The Egyptian pound is just one of a number of Arab currencies to have sharply dropped in value in the last year [File: Khaled Desouki/AFP]

“I cannot feed bridges to my children,” says Muhammad, a driver living in the Nile Delta, in reference to the Egyptian government’s large infrastructure building drive, as the country suffers from a cost-of-living crisis.

“I can hardly afford the most basic necessities. This government has been in power for over eight years. They have done nothing for the average person,” he said angrily.

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