{"id":548147,"date":"2022-07-27T04:00:55","date_gmt":"2022-07-27T04:00:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/"},"modified":"2022-07-27T04:00:55","modified_gmt":"2022-07-27T04:00:55","slug":"last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/","title":{"rendered":"Last Night\u2019s Talk Shows on the gov\u2019t lending a hand amid surging inflation"},"content":{"rendered":"<p><strong>Leading chatter on the airwaves last night was President Abdel Fattah El Sisi\u2019s <\/strong><strong><a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid02emQudnsBydKvGbL3zckkoaaZTZW6x3Dz5GqmMTFLc33m6EQrTtB6aJBRU5EibktFl\">announcement<\/a><\/strong><strong> that another c. 1 mn families will join the flagship Takaful and Karama welfare program. <\/strong>Coming as it does at a time of surging inflation, the move couldn\u2019t have come at a better time, economist Hany Genena told Kelma Akhira\u2019s Lamees El Hadidi (<a href=\"https:\/\/www.youtube.com\/watch?v=CRsxiJLkHII\">watch, runtime: 13: 31<\/a>). Genena noted that folks earning EGP 1-3k a month have been particularly hard hit since the slowdown in economic growth that started with the emergence of covid-19 in the spring of 2020.<\/p>\n<p><strong>Financial support > subsidies. <\/strong>The state has in recent years channeled more and more of its welfare spending into direct cash payments to welfare beneficiaries rather than its old practice of making commodities available at subsidized prices. That helps ensure help goes to those who need it most, Genena said. He expects <strong>Egypt will continue to see rising prices through year\u2019s end <\/strong>because it takes a while for global price hikes to be translated into the Egyptian market, he added, forecasting that inflation at its peak will be in the 18-20% range.<\/p>\n<p><strong>More coverage: <\/strong>Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=qSsJV71aSIo\">watch, runtime: 4:42<\/a>) and Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=y-d1FlmyjNs\">watch, runtime:<\/a><a href=\"https:\/\/www.youtube.com\/watch?v=y-d1FlmyjNs\">7:50<\/a>) also had the story. We have the full breakdown of the new package in our Social Security section, above.<\/p>\n<p><strong>Also on the airwaves last night:<\/strong><\/p>\n<ul>\n<li><strong>The IMF\u2019s growth forecast (global and for Egypt) received attention <\/strong>from Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=QOC0v8rJERc\">watch, runtime: 12:26<\/a>) and Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=__vXeWjz5Wk\">watch, runtime: 3:13<\/a>).<\/li>\n<li><strong>Some 95-96% of folks getting covif in the current wave are experiencing mild <\/strong><strong>cases<\/strong>, presidential health advisor Mohamed Awad Tag Eldin told Ala Mas\u2019ouleety (<a href=\"https:\/\/www.youtube.com\/watch?v=pllZ9H726lE\">watch, runtime: 3:08<\/a>).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Leading chatter on the airwaves last night was President Abdel Fattah El Sisi\u2019s announcement that another c. 1 mn families will join the flagship Takaful and Karama welfare program. Coming as it does at a time of surging inflation, the move couldn\u2019t have come at a better time, economist Hany Genena told Kelma Akhira\u2019s Lamees [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[96,72,272,106],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-548147","post","type-post","status-publish","format-standard","hentry","category-last-nights-talk-shows","tag-abdel-fattah-el-sisi","tag-enterpriseam","tag-imf","tag-last-nights-talk-shows","wpautop","entry"],"acf":{"mongo_id":"052d8b3b-9625-4550-9bf4-fff06e476442","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[548125],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Last Night\u2019s Talk Shows on the gov\u2019t lending a hand amid surging inflation - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Last Night\u2019s Talk Shows on the gov\u2019t lending a hand amid surging inflation\" \/>\n<meta property=\"og:description\" content=\"Leading chatter on the airwaves last night was President Abdel Fattah El Sisi\u2019s announcement that another c. 1 mn families will join the flagship Takaful and Karama welfare program. Coming as it does at a time of surging inflation, the move couldn\u2019t have come at a better time, economist Hany Genena told Kelma Akhira\u2019s Lamees [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-27T04:00:55+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Last Night\u2019s Talk Shows on the gov\u2019t lending a hand amid surging inflation\",\"datePublished\":\"2022-07-27T04:00:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/\"},\"wordCount\":288,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abdel Fattah El Sisi\",\"EnterpriseAM\",\"IMF\",\"LAST NIGHT\u2019S TALK SHOWS\"],\"articleSection\":[\"LAST NIGHT\u2019S TALK SHOWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/last-nights-talk-shows-on-the-govt-lending-a-hand-amid-surging-inflation\/\",\"name\":\"Last Night\u2019s Talk Shows on the gov\u2019t lending a hand amid surging inflation - 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message delivered by President Abdel Fattah El Sisi last night, who called in to\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648645,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/food-inflation-subsidies-the-talk-of-last-nights-airwaves\/","url_meta":{"origin":548147,"position":1},"title":"Food inflation, subsidies the talk of last night\u2019s airwaves","author":"enterpriseam admin","date":"9 April 2017","format":false,"excerpt":"When the talking heads exhaust all topics, you can bet they\u2019ll return to that old-time audience favourite: Food prices and subsidies.The private sector continues to get the blame for inflation: Kol Youm\u2019s Amr Adib spoke to the head of Federation of Chambers of Commerce\u2019s Giza food division Yehia Kassab, who\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601745,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/10\/senior-civil-servants-removed-from-govt-subsidy-program\/","url_meta":{"origin":548147,"position":2},"title":"Senior civil servants removed from gov\u2019t subsidy program","author":"enterpriseam admin","date":"10 March 2019","format":false,"excerpt":"Another Nasserist legacy bites the dust as Supply Ministry kicks Cabinet members off welfare rolls: The Supply Ministry has removed all members of cabinet (including the prime minister and all deputy ministers) from the nation\u2019s subsidy rolls, adviser to the supply minister Amr Madkour said on Sada El Balad. 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Yahduth fi Masr\u2019s Sherif Amer gave us a blow-by-blow of Capmas\u2019 report on June\u2019s inflation figures, which were driven down by a drop in most foodstuff, particularly vegetables. 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