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Bassem K's Library tagged debt   View Popular, Search in Google

Apr
3
2012

  • "The IMF has become quite smart lately in the sense that they don't impose direct conditionality in order to give money," Adly says. "They ask the government to design the program and they have to accept it so they can release the tranches. So it is indirect conditionality because they won't give you the money unless they approve of the plan."
Feb
21
2012

  • one year after the toppling of President Hosni Mubarak, nothing has changed on the economic front in Egypt
  • n the “revolution budget,” education spending dropped from 3.5 to 3.2 percent of GNP
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Jan
23
2012

  • The Popular Campaign to Drop Egypt’s Debt held a conference Saturday to demand that the government leave the decision to accept the loan up to the incoming parliament
  • “The IMF was involved over the past two decades in drawing and implementing the economic and financial policies of Egypt, which led to low living standards, high poverty rates, and deterioration of public services and human resources and human development,” Amr Adly, a political economist and a founding member of the campaign, said in a statement.
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