Popular News From Popular Sites: Egypt's Sisi delivers economic reforms but hurdles remain

Tuesday, September 30, 2014

Egypt's Sisi delivers economic reforms but hurdles remain

Egypt's President Abdel Fattah al-Sisi acknowledges applause as he takes the stage before his address to the 69th United Nations General Assembly at U.N. headquarters in New York By Stephen Kalin CAIRO (Reuters) - In his first 100 days in office, Egyptian President Abdel Fattah al-Sisi has made a fast start on economic reform: slashing costly fuel subsidies, raising taxes and devising infrastructure projects to secure long-term revenues and ease unemployment. Those are moves that have long been sought by foreign investors. But winning their full confidence will require pushing ahead with further politically-sensitive reforms and sealing an elusive deal with the International Monetary Fund. ...




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