Shadow Economy Archives – Al-Tahrir News Network


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A recent World Bank report on the Egyptian labour market states that informal employment has steadily increased over the past decade suggesting that many Egyptians are working without written contracts or social security. The report says informal employment has jumped from 30.7 per cent in 1998 to 40 per cent in 2012. The annual GDP growth averaged 7 per cent since 2008 during business-friendly policies intended to encourage t… more…

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