An economic expert for “Sputnik”: The jump in the Egyptian monetary reserve is a “maneuvering space” that does not mean the end of structural pressures

Egyptian economic expert, Hani Abu Al-Futouh, confirmed that the record rise in Egypt’s net international reserves at the end of last May represents a “strong positive indicator,” but it does not necessarily mean turning the page on the structural crisis or the disappearance of living pressures on citizens.