It’s Not Just Austerity VS Stimulus For Egypt | REBEL ECONOMY:
"The Egyptian government’s tactic to avoid major austerity measures and instead try to stimulate the economy by pumping in new funds may be popular among Egyptians but risks delaying the country’s economic recovery.
Egypt’s new minister of finance, the sixth since Mubarak stepped down in early 2011, said “one of the important tools to deal with the budget deficit is stimulating the economy”.
“We will seek to pump more new funds into the economy and not follow austerity measures,” Ahmed Galal told Reuters."
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