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nohaelshoky

Egypt's economic reform proposals ignore social justice: Civil group - Economy - Busine... - 1 views

english.ahram.org.eg/...37389.aspx

shared by nohaelshoky on 24 Mar 12 - No Cached
  • nohaelshoky on 24 Mar 12
     
    Egypts,economic,reform,proposals,ignore,social,justice,Civil,group,-,Economy,-,Business
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

The Hidden Costs of Egypt's IMF Loan | Al Akhbar English - 0 views

english.al-akhbar.com/...hidden-costs-egypts-imf-loan

imf loan drop debt campaign

shared by philip rizk on 26 Aug 12 - No Cached
  • The Popular Campaign to Drop Egypt’s Debt issued a statement Thursday opposing the IMF loan and questioning the lack of information about “the extent to which the Egyptian economy needs this massive amount of dollars.” The group protested that there had been no discussion of alternative ways of financing public spending, adding that the government had obtained foreign loans amounting to $6 billion over the past year without any democratic oversight. Governments appointed by the military since the revolution had also borrowed record amounts from Egyptian banks, it said, and “it is not known how they were spent.”
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"
nohaelshoky

Audit and cancel Egypt's debt | Al-Masry Al-Youm: Today's News from Egypt - 0 views

www.almasryalyoum.com/...509761

Debt Audit our campaign

shared by nohaelshoky on 29 Oct 11 - No Cached
  • nohaelshoky on 29 Oct 11
     
    On 31 October, a group of researchers, activists and civil society organizations will launch the Egyptian Debt Audit and Cancellation Campaign in coordination with international actions in Europe and Latin America. The main goal of the campaign is to audit and cancel Egypt's foreign debt that was accumulated under ousted President Hosni Mubarak.
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