Egypt to Hold Presidential Vote in December as Devaluation Looms
Egypt’s presidential election will be held on Dec. 10-12, with the vote coming at a time when the country is mired in economic crisis and under pressure to further devalue the currency amid calls for broad reforms by the International Monetary Fund. Until recently, it was widely expected that the polls wouldn’t take place until the first few months of next year, with Egyptian state media typically referring to an election in 2024. The government’s plans changed in recent weeks and Bloomberg reported on Sept. 14 that it was considering...