"The initial euphoria of those who backed the military overthrow of Egypt’s elected Islamist government is fading and Egyptians must now reckon with an economy that remains in crisis, despite a large injection of financial aid promised by Gulf states supportive of the coup.
Energy-rich Saudi Arabia, Kuwait and the United Arab Emirates this week committed a collective $12bn in loans, grants, deposits and fuel to shore up the interim government put in charge of the country by the armed forces after it deposed and jailed Mohamed Morsi, the former president."
'via Blog this'
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