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Egypt , Thursday 16 April 2026

Egypt: Military-led projects could impede el-Sissi's economic makeover

Published on: Wednesday 15 February 2023

Egypt: Military-led projects could impede el-Sissi's economic makeover Inflation, IMF demands and the end of unconditional funds from the Gulf states mean Egypt needs foreign investments. But military-run trademark projects could hamper any real upswing.At this week's World Government Summit in Dubai, Egyptian President Abdel-Fattah el-Sissi said that " Egypt needs a trillion-dollar budget each year. He added that Cairo...


News source: https://www.msn.com/en-us/news/world/egypt-military-led-projects-could-impede-el-sissi-s-economic-makeover/ar-AA17z41A

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