Arab Today, arab today debt a necessary evil
Last Updated : GMT 05:46:54
Arab Today, arab today
Arab Today, arab today

Egypt's PM Kandil:

Debt a necessary evil

Arab Today, arab today

Arab Today, arab today Debt a necessary evil

Egyptian Prime Minister Hisham Kandil
Cairo – Akram Ali

Egyptian Prime Minister Hisham Kandil Cairo – Akram Ali Egyptian Prime Minister Hisham Kandil has said that he does not belong to the Muslim Brotherhood, pointing out that belonging to any party was not even an accusation to deny. He said: “Nobody intervenes in the formation of the government.\" Kandil stressed that the interest of the internal debt was 12 percent compared to 1 percent of external debt as well as the competition between the government and the private sector which reduces investment opportunities. He pointed out that borrowing was a \"necessary evil\", and that 67 percent of the local production was deducted to repay internal debt. On the situation in the Sinai peninsula, Kandil mentioned said the government was determined to change the situation there. \"If everyone cooperates, Sinai will be a source of development, especially since it has been allocated 1,200,000,000 EGP for its development,\" he said. “The events in Rafah is not the result of security challenges only, but also as a result of intellectual and cultural distortions which are strange to our society,\" he said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today debt a necessary evil Arab Today, arab today debt a necessary evil

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today debt a necessary evil Arab Today, arab today debt a necessary evil

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: أخبار الاقتصاد
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday