Egypt Relies on Prosperity to Dazzle Critics

[Financial Times-UK] William Wallis - In Egypt, accelerated market reforms since 2004 are starting to pay off. Preliminary official figures, higher than International Monetary Fund estimates, show gross domestic product growth reaching an unprecedented 6.9 percent in 2005/2006. Government officials hope that improving living standards will eventually help counter radicalism in society and provide some insulation against instability.


2006-11-17 01:00:00

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