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GAZA CITY, Gaza Strip  | The Latest: Egyptians celebrate Eid amid austerity measures

GAZA CITY, Gaza Strip  | The Latest: Egyptians celebrate Eid amid austerity measures

GAZA CITY, Gaza Strip  — The Latest on Eid al-Fitr (all times local):

12:05 p.m.

Egyptians are celebrating Eid al-Fitr, the holiday that comes at the end of the holy month of Ramadan.

The holiday comes as President Abdel-Fattah el-Sissi’s government presses ahead with austerity measures that led to price hikes.

The measures, which have included slashing fuel and electricity subsidies, imposing a value-added tax and a currency flotation, are part an economic reform program linked to a three-year, $12 billion bailout loan from the International Monetary Fund, which Egypt secured in 2016.

Continue reading GAZA CITY, Gaza Strip  | The Latest: Egyptians celebrate Eid Amid Austerity Measures at STL.News.



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GAZA CITY, Gaza Strip  | The Latest: Egyptians celebrate Eid amid austerity measures

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