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Since 2014, Egypt has been undergoing its worst financial crisis caused by the Great Depression that affected the world economy from the year 2007 to 2012. Egypts financial situation was worsened by the fall of Hosni Mubarak in the year 2011. Since the fall of Hosni Mubarak, this country has experienced a very sharp decline in terms of foreign direct investments and tourism revenues. The countrys foreign exchange reserves fell by a whopping 60% while the economic growth plummeted by 3%.
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