egypt’s pm international financial promises have not been kept
Saturday 26 July 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Egypt’s PM: International financial promises have not been kept

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Egypt’s PM: International financial promises have not been kept

Cairo - Agencies

The Egyptian prime minister, Kamal al-Ganzouri, indirectly criticized the Arab countries and the international community for not fulfilling their promises of giving financial aid to Egypt. Al-Ganzouri said in a press conference in Cairo on Thursday that $9 billion has exited Egypt, without giving details, and said that Egypt has received only $1 billion from “Arab brethrens” from their promised $10.5 billion, which was to be in the form of aid and loans. He said while the Arab countries promised Egyptians some money to help up with the crisis, the Arab states instead gave “generous” aid to other states. As for the promised G8 money, he said nothing was received, as well as nothing from America’s promised $2.5 billion. “They were serious [in giving aid], but after our differences they do not know who will come [to power]” he said, adding “the international community has given its back to us because of our differences.” Al-Ganzouri called for consensus and dialogue to improve the economic situation in Egypt. “I don’t charge anyone nor defend anyone, but I wish that everyone works to get rid of violence,” he said. “How can there be in a country like Egypt, and in the middle of its capital, depressing concrete barriers, things meant for defense? Isn’t it better to end this so that tourists will come?” He also said that the citizens of Egypt deserve to be able to feel safe and secure, and that individuals who have done wrong will face trial. Foreign reserves in Egypt have fallen from $36 billion at the beginning of the year to $20 billion now, according to AFP. By February, they are projected to fall to $15 billion, a level at which it will become difficult to pay for imports such as wheat, analysts say. Ganzouri’s nomination as caretaker premier in November by the military rulers who took over from Mubarak prompted a sit-in outside the cabinet office by protesters demanding an immediate transition to a civilian government with full powers. Five straight days of clashes from Friday between the protesters and security forces left at least 17 people dead, the health ministry said on Thursday, and sparked an international outcry. Activists have called for a mass rally on Friday, dubbed the “Friday of Restoring Honor,” to demand the military hold accountable soldiers responsible for abuses. Voters went to the polls again on Thursday in run-offs for the second stage of staggered parliamentary elections, a landmark vote that has been overshadowed by the protest deaths.  

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*

egypt’s pm international financial promises have not been kept egypt’s pm international financial promises have not been kept

 



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*

egypt’s pm international financial promises have not been kept egypt’s pm international financial promises have not been kept

 



GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 10:46 2012 Thursday ,16 February

BMW i8 The Best of the 2012 Detroit Auto Show

GMT 15:48 2018 Sunday ,21 January

Iraqi, Kurdish PMs try to resolve bitter dispute

GMT 06:15 2018 Tuesday ,09 January

Hollywood stars declare war on sexual misconduct

GMT 00:09 2017 Sunday ,29 January

Egypt working for Libya political solution, says FM

GMT 06:03 2017 Wednesday ,01 March

Saudi Aramco, Malaysian Petronas sign historic deal

GMT 13:55 2012 Sunday ,15 January

Youngest Microsoft professional dies

GMT 10:54 2016 Monday ,14 November

US elections have heightened uncertainty

GMT 10:49 2017 Wednesday ,20 September

Nabila describes mother’s death as the worst in life

GMT 00:24 2017 Saturday ,23 September

Gulf Air launches daily flights to Istanbul

GMT 14:50 2011 Friday ,24 June

Nelly Maqdasi sings for Arabs
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice