Egyptian columnists are starting to see the big picture

Egyptian pundits are starting to get it (well, one at least): While the reasons behind inflation — the gradual phase-out of energy subsidies and the EGP float — are clear, Mohamed Youssef argues in a column for Al Shorouk that domestic manufacturers’ reliance on imported materials has trickled down to consumer prices. He urges the government to focus on encouraging and supporting domestic industries through economic policies, strategies, and incentives (such as the automotive directive for one) as one way to help battle inflation.