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philip rizk

In Egypt, corruption cases had an American root - The Washington Post - 0 views

  • S. officials have not publicly raised questions about the funding to ECES
  • The privatization and economic opening of recent years have created new opportunities for ‘vertical corruption’ at upper levels of government affecting state resources
  • Officials at USAID declined to discuss their support of the Egyptian think tank, privatization efforts in the country or the sentiments shared in the confidential cables.
Ahmed Badawi

Mubarak's Odious Debts - 0 views

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    A glance at Egypt's public finances reveals a disturbing fact: the interest that the country pays on its foreign loans is larger than its budget for education, healthcare, and housing combined. Indeed, these debt-service costs alone account for 22 percent of the Egyptian government's total expenditures.
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