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nohaelshoky

Gamal Mubarak and Atef Ebeid Lost 7 billion Egyptian Pounds in Privatization Scandal | ... - 1 views

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    Reports revealed new details in the on-going investigation of government privatizing and selling public-sector companies for less than their predetermined prices. These reports, compiled by the Public Funds Prosecution and the Administrative Supervisory Authority, suggest that Gamal Mubarak, son of deposed President Hosni Mubarak, Atef Ebeid, the former Prime Minister, and nine former ministers, wasted some LE7 billion in privatizing 11of 19 public-sector companies.
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.
philip rizk

اليوم السابع | نشطاء ينظمون يوما عالميا "لإسقاط ديون مصر" - 1 views

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    "نشطاء ينظمون يوما عالميا "لإسقاط ديون مصر""
nohaelshoky

Drop 'dictator debt,' activists and economists say | Al-Masry Al-Youm: Today's News fro... - 0 views

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    Egypt has a budget deficit of nearly 10 percent of GDP and the finance minister recently said that the country is on the brink of a liquidity crisis. Meanwhile, economic growth has slowed since the uprising, decreasing government revenues, while public sector workers around the country are striking to raise wages that have been stagnant for decades.
nohaelshoky

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

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    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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