Version imprimableThe protesters denounce the authoritarianism of the Sissi regime, and especially the economic situation which continues to deteriorate, particularly due to austerity measures, accentuated in 2016 to obtain a loan $12 billion from the International Monetary Fund. The government floated the Egyptian pound, which has lost 50% of its value, and phased out all subsidies on staples. The poverty rate has further increased and more than a third of the country’s 100 million inhabitants now live on less than €1.50 a day.
Relations with Western states and the sale of arms to the Egyptian regime are still in good shape. The US president has described Sissi as “his favourite dictator”. Against repression and austerity, we express our solidarity with the masses in Egypt!
