discount cigarettes
Prime Minister Ahmed Nazif promised the new law won’t burden poor Egyptians, but on Cairo’s streets, many were feeling the pinch. The cost of discount cigarettes, a staple for many in this country of heavy smokers, went up about 10 percent. Mustafa Fathy said he would drop his brand, Marlboro, which is now $1.70, for the local Cleopatra at 60 cents a pack. Analysts said Egypt’s economic woes would deepen. Ahmed el-Seyyed el-Nagar, editor of Egypt’s Economic Report, said the hikes would fuel inflation, which in turn would “devour” the salary raise. Many people are unable to adapt because they can’t “tighten their belt further,” he said. “But we are not sure when they will protest.” Last month, protesters tore down a billboard of Mubarak and fought with police in riots in the industrial city of Mahalla el-Kobra. The violence claimed three lives and was Egypt’s worst unrest since 1977 riots over increased bread prices.