{"id":642125,"date":"2017-08-07T03:43:34","date_gmt":"2017-08-07T03:43:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/"},"modified":"2017-08-07T03:43:34","modified_gmt":"2017-08-07T03:43:34","slug":"can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/","title":{"rendered":"Can the president cure Egypt\u2019s economic ailments before voters decide they have had enough of austerity?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Can the president cure Egypt\u2019s economic ailments before voters decide they have had<\/strong><strong>enough of austerity?<\/strong> By adopting economic measures that \u201cthat none of his predecessors dared execute,\u201d President Abdel Fattah El Sisi is making \u201ca risky bet on the healing power of economic pain,\u201d writes <a href=\"https:\/\/www.wsj.com\/articles\/egypts-leader-makes-a-risky-bet-on-the-healing-power-of-economic-pain-1502048099\">The Wall Street Journal<\/a>\u2019s Yaroslav Trofimov (paywall). \u201cAs savings erode and consumer buying-power shrinks, Mr. Sisi [expects] that the expected payoff \u2014 new jobs, foreign investment and growth \u2014 will arrive before the economic pain risks another social explosion in Egypt.\u201d Complaints are loud from voices in the streets, Trofimov says, but fear of chaos, such as that gripping neighbors like Syria and Iraq, is making El Sisi\u2019s economic reform efforts \u201cmore palatable\u201d and thus likely to succeed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Can the president cure Egypt\u2019s economic ailments before voters decide they have hadenough of austerity? By adopting economic measures that \u201cthat none of his predecessors dared execute,\u201d President Abdel Fattah El Sisi is making \u201ca risky bet on the healing power of economic pain,\u201d writes The Wall Street Journal\u2019s Yaroslav Trofimov (paywall). \u201cAs savings erode [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642125","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"386cf026-c295-4d7b-b435-9a24839d3500","order":"0","is_powered_by":true,"section_story_id":"74231e1e-8d7b-4cc4-bfd7-08b79f0a1157","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642111],"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>Can the president cure Egypt\u2019s economic ailments before voters decide they have had enough of austerity? - 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\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can the president cure Egypt\u2019s economic ailments before voters decide they have had enough of austerity?\" \/>\n<meta property=\"og:description\" content=\"Can the president cure Egypt\u2019s economic ailments before voters decide they have hadenough of austerity? By adopting economic measures that \u201cthat none of his predecessors dared execute,\u201d President Abdel Fattah El Sisi is making \u201ca risky bet on the healing power of economic pain,\u201d writes The Wall Street Journal\u2019s Yaroslav Trofimov (paywall). \u201cAs savings erode [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-07T03:43:34+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\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Can the president cure Egypt\u2019s economic ailments before voters decide they have had enough of austerity?\",\"datePublished\":\"2017-08-07T03:43:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/\"},\"wordCount\":142,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/can-the-president-cure-egypts-economic-ailments-before-voters-decide-they-have-had-enough-of-austerity\/\",\"name\":\"Can the president cure Egypt\u2019s economic ailments before voters decide they have had enough of austerity? 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The new officials succeed Mahfouz Taha and Mohamed Abdel Aziz.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649817,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/oxford-business-group-interviews-el-sisi-for-their-egypt-2017-report-on-economic-reforms\/","url_meta":{"origin":642125,"position":1},"title":"Oxford Business Group interviews El Sisi for their Egypt 2017 report on economic reforms","author":"enterpriseam admin","date":"9 March 2017","format":false,"excerpt":"President El Sisi sends reassuring message to investors in upcoming Oxford Business Group report: The success of Egypt\u2019s economic reform program still requires a number of important structural and policy changes, at the head of which is the long-awaited Investment Act, President Abdel Fattah El Sisi reportedly told the Oxford\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596642,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/03\/el-sisi-senior-officials-meet-to-discuss-egypts-economic-performance\/","url_meta":{"origin":642125,"position":2},"title":"El Sisi, senior officials meet to discuss Egypt\u2019s economic performance","author":"enterpriseam admin","date":"3 July 2019","format":false,"excerpt":"President Abdel Fattah El Sisi\u2019s meeting with senior officials to discuss Egypt\u2019s economic performance in FY2018-19 and FY2019-20 topped the front page of state-owned Al Akhbar. We recap the story above in this morning\u2019s Speed Round. Both Al Ahram and Al Gomhuria\u2019s websites were still down this morning.","rel":"","context":"In &quot;ON THE FRONT PAGES&quot;","block_context":{"text":"ON THE FRONT PAGES","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-front-pages\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625018,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/praise-from-imf-world-bank-on-egypts-economic-reforms\/","url_meta":{"origin":642125,"position":3},"title":"Praise from IMF, World Bank on Egypt\u2019s economic reforms","author":"enterpriseam admin","date":"25 September 2018","format":false,"excerpt":"**#3 REPORT FROM NEW YORK- Praise from IMF, World Bank on the economic reforms: President Abdel Fattah El Sisi and senior members of his administration are in New York for the United Nations General Assembly meeting. There, the president met on Sunday with IMF Managing Director Christine Lagarde, whoissued a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596631,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/03\/el-sisi-madbouly-maait-recap-egypts-economic-performance-in-fy2018-2019\/","url_meta":{"origin":642125,"position":4},"title":"El Sisi, Madbouly, Maait recap Egypt\u2019s economic performance in FY2018-2019","author":"enterpriseam admin","date":"3 July 2019","format":false,"excerpt":"The government met its 8.4% budget deficit and 2% primary budget surplus targets in FY2018-2019, which ended on Sunday, according to an Ittihadiya statement out following a meeting between President Abdel Fattah El Sisi, Prime Minister Moustafa Madbouly, and Finance Minister Mohamed Maait. 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