Source: German Development Institute
Author(s): Amirah El-Haddad, Omar El Shenety, and Ahmed Abd Rabou
This Thursday, the seventh anniversary of the 25 January uprising that overthrew former Egyptian President Hosni Mubarak, is an opportunity to assess the economic situation in the country. The West’s fear of radical Islam means it has great interest in a stable Egypt. The IMF and other donors are providing loans worth 21 billion US Dollar to support this stability. Can the reforms associated with these loans address years of deep-rooted structural problems and help launch Egypt onto a new, higher but shared growth path?…
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