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Feature : Egyptian govt opens fairs nationwide for affordable school supplies ahead of new school year – Xinhua News Agency

The scene was a familiar one, but this year, a sense of anxiety and uncertainty hung in the air. The cost of living has been rising steadily, and many families are struggling to afford basic necessities, let alone school supplies. The rising cost of living has been a major concern in Egypt, with inflation reaching 14.7 percent in August.

The minister emphasized the importance of the fair as a platform for showcasing Egyptian products and attracting foreign investment. He highlighted the importance of the Cairo International Fair as a catalyst for economic growth and job creation. The Cairo International Fair, a major annual event, is a testament to Egypt’s commitment to economic development and its vision for a prosperous future.

This statement reveals a significant shift in the economic landscape of Egypt. The woman’s optimism and willingness to spend on necessities like stationery, despite the high inflation, demonstrate a growing sense of confidence and resilience in the Egyptian economy. The statement also highlights the importance of consumer confidence in driving economic growth.

We are happy to be here,” said one vendor. “We are here to support the families and help them get ready for the new school year.”

This is a clear indication of the vendors’ commitment to the community and their desire to contribute to the Egyptian family’s well-being. This commitment is further exemplified by their willingness to offer discounts, which can be particularly beneficial for families with limited budgets.

The crisis was further exacerbated by the Palestinian-Israeli conflict that erupted last year, which has impacted Egypt’s tourism sector and halved its revenues from the Suez Canal. ■

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