"As interim Egyptian Prime Minister Hazem al-Beblawy works to fill out his fledgling Cabinet and return the country to something resembling stability, one of his most immediate challenges will be a task he, in theory, should be ably qualified to handle.
Al-Beblawy, a career economist and former Finance Minister, has assumed the reigns of a country in economic free fall. The value of the Egyptian pound has plummeted to record lows, foreign-currency reserves have dropped to less than half of the $36 billion held by the regime of former dictator Hosni Mubarak before he was ousted in February 2011. "
'via Blog this'
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