Middle East Economic Survey
VOL. LIV
No 21
23-May-2011
EGYPT
Egypt Closing In On $2.2Bn Rescue Loan From World Bank
Egypt is on the verge of finalizing a deal with the World Bank to secure loans worth a total of $2.2bn, Egypts Minister of Finance Samir Radwan revealed on 16 May. This followed a warning by the countrys military leadership that the waves of sectarian strife and violent protests over recent months had hit economic growth rates hard, and were costing Egypt around $40mn per day...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!