Friday, October 24, 2014

Fixing Egypt's Economy Not A Shot In The Dark, But Patience Is Essential

CAIRO, Oct 21 ( Reuters ) - Egypt's Prime Minister urged the country's citizens not to expect instant results from large-scale infrastructure projects the government has embarked on to create jobs and strengthen the economy.
Ibrahim Mehleb faces the monumental task of repairing finances battered by political upheaval, street protests and Islamist militant violence.

Photo Credit:Reuters/Al Youm Al Saabi Newspaper
He also has to persuade foreign companies that their cash will be safe in a country where complex laws, legal cases and stifling bureaucracy have entangled or scared away even the most adventurous investors. Read more..

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