Egypt is entering a particularly challenging period in the economic field which can affect the internal situation.
The trend of raising interest rates led by the US Federal Reserve is a bad development for Egypt, which will have to pay more for its debt payments in foreign markets.
Already today about a third of the Egyptian budget is directed to debt payments and this year this share will increase and come at the expense of other items, probably social (because in the defense budget the Egyptian leadership will not cut ...).
To this must be added the blow that Egypt will suffer in the field of tourism, one of the most important sources of foreign exchange.
Last year, Egypt's tourism revenues reached $13 billion, much thanks to tourism from Russia and Ukraine that has now faded. Rising commodity prices Increase economic pressure on Egypt, which will probably have to seek further assistance from international and Arab sources in order to avoid widespread popular unrest.