Tagged with Inflation

Friday Prayers for Egypt: Prices

Friday Prayers for Egypt: Prices

God, For many in Egypt these are difficult days. Taxes are increasing, subsidies are reducing, the pound is depreciating, and prices are rising. And as many fear worse is to come, people are hoarding. Basic commodities are disappearing. Some are smuggling, others siphoning. The government is reacting. The military is supplying. The economy is sliding. … Continue reading

Friday Prayers for Egypt: Depreciation, Again

Friday Prayers for Egypt: Depreciation, Again

God, Value the Egyptian currency properly. Value more the lives affected by its fluctuation. But aid also the greater factors: Return tourists, attract investment, stimulate entrepreneurship. And limit also the greater consequences: Curb inflation, fight gouging, shelter the poor. Yet reform also the greater context: Simplify laws, expose corruption, grant stability. God, much is wrong … Continue reading