Thursday 26 January 2023

Egyptians offered loans to buy books as inflation soars

Egyptians offered loans to buy books as inflation soars

Egyptians are used to paying for costly items such as cars or washing machines in instalments, but rocketing inflation means they can now buy books this way. "A book has become a luxury item here in Egypt. It's not a basic commodity like food and people are saving on luxuries," says Mohammed El-Baaly of Sefsafa Publishing House.
Read more: https://www.bbc.com/news/world-middle-east-64387130?source=Snapzu

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