Middle-east Arab News Opinion | Asharq Al-awsat

budget deficit | ASHARQ AL-AWSAT English Archive 2005 -2017
Select Page
Media ID: 55306468
Caption:

Man holding Egyptian currency (AAA)


Egyptian government plans incentives for investment

Egyptian government plans incentives for investment

Cairo, Asharq Al-Awsat—Egyptian investment minister Yahya Hamed said growth in his country is expected to reach 2.2% this financial year, adding that the reason for the low growth rate is the drop in investment caused by the political unrest over the past two and half...
Media ID: 55295738
Caption:

Egypt’s President Mohamed Mursi (R) meets with IMF Managing Director Christine Lagarde at the presidential palace in Cairo, in this August 22, 2012 file photo. (REUTERS/Amr Abdallah Dalsh)


Why is the IMF in a Hurry with Egypt?

Why is the IMF in a Hurry with Egypt?

This could be one of the few occasions when the IMF actively seeks to pressure a member state into taking out an urgent loan. The idea is that the funds would serve as a timely bridge until the county’s condition stabilizes, at which point both sides can negotiate a...
Media ID: 55293284
Caption:
The Watermelon Revolutions

The Watermelon Revolutions

An old joke popular among economists says when you have two cows, the state takes one of them and gives it to someone else. This is the socialist system. In a communist system, the state takes both cows from you and gives you milk. Finally, in the capitalist system,...