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nohaelshoky

List of JAPAN soft loans 1974-2004 (incl.Dekheila) - 1 views

www.eg.emb-japan.go.jp/...soft_loans.htm

Japan loan debt audit Dekheila 74-04

shared by nohaelshoky on 03 Oct 11 - No Cached
  • nohaelshoky on 03 Oct 11
     
    Soft Loans JAPAN extended concessional loans to Egypt in order to assist Egypt to implement large-scale economic infrastructure projects such as Al-Dekheila Integrated Steel Mill and the Suez Canal Expansion Project. Since 1991, Japan has stopped extending new loans because of the debt rescheduling for Egypt, but new three candidate projects were formally applied for the government of Egypt to Japan in 1999.
philip rizk

Debt and Taxes « heteconomist.com - 0 views

heteconomist.com/?p=2429&utm_source=twitterfeed&utm_medium=twitter

graeber david debt video taxes

shared by philip rizk on 04 Oct 11 - No Cached
  • Debt obligations suddenly become “sacrosanct” only when it is a case of the poor or middle class owing the rich
  • High taxes on the wealthy have accompanied strong employment and economic growth in the past, for instance during the immediate postwar period.
  • The reason for the double standard on debt seems clear: the debt of the poor and “middle class” (i.e. working class) helps to reproduce a category of people – most people – who need to sell their labor power to capitalists in exchange for wage or salary income or rely on someone (e.g. a partner, a parent) who does
philip rizk

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

www.washingtonpost.com/...gIQAApWoyL_story.html

mubarak gamal privatization egyptian center for economic studies corruption

shared by philip rizk on 24 Oct 11 - No Cached
  • 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.
nohaelshoky

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

www.almasryalyoum.com/...509601

debt egypt audit 31Oct

shared by nohaelshoky on 29 Oct 11 - No Cached
  • nohaelshoky on 29 Oct 11
     
    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

An Audit of Irish Debt - 0 views

www.debtireland.org/...audit_of_irish_debt6.pdf

debt audit loans Ireland

shared by nohaelshoky on 09 Apr 12 - No Cached
  • nohaelshoky on 09 Apr 12
     
    publication on the process of auditing Irish debt
nohaelshoky

Finance minister expects to get IMF loan by end-June | Egypt Independent - 0 views

www.egyptindependent.com/...-expects-get-imf-loan-end-june

debt egypt audit IMF loan economy budget

shared by nohaelshoky on 12 Apr 12 - No Cached
  • nohaelshoky on 12 Apr 12
     
    Egypt's government expects to seal a loan from the International Monetary Fund by 15 May, allowing the money to be disbursed before a new president is sworn in at the end of June, Finance Minister Momtaz al-Saeed said on Thursday. "We expect to get approval of the IMF loan before 15 May," Saeed told reporters in Cairo.
philip rizk

NewsWires : euronews : the latest international news as video on demand - 0 views

www.euronews.com/...-loan-for-egypt-wont-be-enough

imf negotations loan

shared by philip rizk on 21 Apr 12 - No Cached
  • philip rizk on 21 Apr 12
     
    "If we hear solid partners on the ground say, I am not too sure about this program, not too sure about the IMF, not too sure about borrowing, it is a bit of an issue.""
nohaelshoky

Lies and truths on greek public debt lead to the urgency of audit - 0 views

www.cadtm.org/ies-and-truths-on-greek-public

shared by nohaelshoky on 16 Dec 11 - No Cached
  • nohaelshoky on 16 Dec 11
     
    Maria-Lucia Fattorelli, Member of Ecuador Debt Audit Commission
philip rizk

Pillage not development: Egypt's military junta & the European public banks | Platform - 0 views

blog.platformlondon.org/...unta-the-european-public-banks

ebrd damietta agrium loan enoliberalism

shared by philip rizk on 29 Nov 11 - No Cached
  • “We know what’s best for you – we will organise your development – just accept our rule and our reforms”. A refrain that the revolution was trying to end.
  • philip rizk on 29 Nov 11
     
    "For it is precisely the current lack of democratic accountability that make the banks' stated aims achievable"
nohaelshoky

Mubarak's Odious Debts - Saifedean Ammous - Project Syndicate - 0 views

www.project-syndicate.org/...English

shared by nohaelshoky on 28 Dec 11 - No Cached
  • nohaelshoky on 28 Dec 11
     
    The interest that Egypt pays on its foreign loans is larger than its budget for education, healthcare, and housing combined, accounting for 22% of government expenditures. For the sake of Egyptians and people living under tyranny everywhere, Egypt's government must take a brave stand by voiding these debts as
Ahmed Badawi

Egypt asked IMF for $3.2 bln in support: minister - 1 views

www.thedailynewsegypt.com/...2-bln-in-support-minister.html

IMF Egypt loans Debt

shared by Ahmed Badawi on 16 Jan 12 - No Cached
  • Ahmed Badawi on 16 Jan 12
     
    The unelected Government of Egypt requests $ 3.2 billion from the International Monetary Fund.
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"
philip rizk

Egypt's 'Orderly Transition'? International Aid and the Rush to Structural Adjustment - 1 views

www.jadaliyya.com/...2%80%99-international-aid-and-

hanieh orderly transition debt service

shared by philip rizk on 05 Nov 11 - No Cached
  • the initial $1 billion “to governance and openness reforms with a further $1 billion available next year dependant on progress.”[2] The remaining US$2.5 billion would be invested in development projects and private sector loans (see below).
  • philip rizk on 05 Nov 11
     
    ""the goal must be a model in which protectionism gives way to openness, the reigns of commerce pass from the few to the many, and the economy generates jobs for the young. America's support for democracy will therefore be based on ensuring financial stability, promoting reform, and integrating competitive markets with each other and the global economy.""
nohaelshoky

Arab civil society rejects IFI involvement (Bretton Woods Project) - 1 views

www.brettonwoodsproject.org/art-568920

Brettonwoods IMF civilsociety

shared by nohaelshoky on 03 Mar 12 - No Cached
  • nohaelshoky on 03 Mar 12
     
    "the Bank tends to threaten rather than improve food security " Breaking Up? A Route Out of the Eurozone Crisis 13 January In late June, the Egyptian Ministry of Finance turned down a $3 billion loan package from the IMF, citing the rejection as a response to "public debate".
nohaelshoky

Debating the Future of Arab Revolutions in Caio: Democracy, Imperialism, Neoliberlaism - 0 views

www.jadaliyya.com/...of-the-arab-revolutions-in-cai

Pratt Imperialism Democracy Neoliberlaism revolution arab

shared by nohaelshoky on 09 Mar 12 - No Cached
  • nohaelshoky on 09 Mar 12
     
    Nicola Pratt
philip rizk

Market Report: US debt crisis sends Egypt's main index to 2-year low - Economy - Busine... - 0 views

english.ahram.org.eg/...sis-sends-Egypts-main-ind.aspx

us debt egypt stock market exchange

shared by philip rizk on 27 Sep 11 - No Cached
  • Foreigners led the exit, net-selling a net LE31.6 million of stock, while non-Arab investors offloaded LE5.48m, leaving Egyptians – who made up 84.6 per cent of the day’s trades – the sole net-buyers.
nohaelshoky

Japanese govt loans Egypt LE300 million to complete Grand Egyptian Museum | Al-Masry Al... - 0 views

www.almasryalyoum.com/...462257

300Mill Japan JICA loan audit Museum Jun11

shared by nohaelshoky on 03 Oct 11 - No Cached
  • nohaelshoky on 03 Oct 11
     
    The Japanese Government granted Egypt a LE300 million loan to complete the last phase of the Grand Egyptian Museum (GEM) in a deal signed Thursday, according to Antiquities Minister Zahi Hawass. During the signing of the deal with Japan International Cooperation Agency (JICA), Hawass said that construction work would begin in mid November and is scheduled to be completed by March 2015.
nohaelshoky

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

yallafinance.com/...ounds-in-privatization-scandal

Mubarak Ebeid privitization

shared by nohaelshoky on 22 Oct 11 - No Cached
  • nohaelshoky on 22 Oct 11
     
    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.
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