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Ahmed Badawi

Uprising costs Egypt $9.79 billion: Geopolicity Report - Economy - Business - Ahram Online - 0 views

english.ahram.org.eg/...illion-Geopolicity-Report.aspx

IMF Arab Uprising GCC G20 Egypt Public Finance GDP

shared by Ahmed Badawi on 15 Oct 11 - No Cached
  • Ahmed Badawi on 15 Oct 11
     
    Egypt's Revolution has cost the country, up to September, US$9.79 billion, according to a report issued by consultancy group Geopolicity. Titled "The cost of the Arab spring & Roadmap for G20/UN support", the report shows results of a costing exercise undertaken by Geopolicity, based on data from the International Monetary Fund (IMF). It accounts for the impact of productivity losses on GDP and public finance, but excludes losses to human life, infrastructure damage and business and foreign direct investment losses. The near 10 billion dollars shed by Egypt are divided among the $4.27 billion cost to GDP and $5.52 billion in lost public finances.
philip rizk

10. Ecuador Declares Foreign Debt Illegitimate | Project Censored - 1 views

www.projectcensored.org/...ares-foreign-debt-illegitimate

ecuador audit dropped debt

shared by philip rizk on 05 Nov 11 - No Cached
  • 1989 and 2006
  • IRC Americas
  • A special United Nations commission on the crisis, chaired by Nobel Prize economist Joseph Stiglitz, came out in March 2009 in support of such a mechanism.  But thus far, the issue is not even on the table within the G20 grouping of the most powerful nations.
  • philip rizk on 05 Nov 11
     
    "86 percent was used to pay for previously accumulated debt"
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