Tagged with World Bank

Friday Prayers for Egypt: More Money

Friday Prayers for Egypt: More Money

God, Egypt’s economy is still not doing well. But at least she has more money to play with. May she play wisely. The second tranche of the World Bank loan was received, along with another installment from the African Development Bank. Together they represent well over a billion dollars. Egypt has many outstanding debts to … Continue reading

Friday Prayers for Egypt: Election, Debt

Friday Prayers for Egypt: Election, Debt

God, Very shortly Egypt will begin two long anticipated processes. She will vote to elect a parliament, and negotiate to secure a loan. The first aims to restore a democratic institution; the second a sound economy. Bless both efforts, God. Whether virtue or vice brought Egypt to this stage, may wisdom lead her forward. Seven … Continue reading

Young People in Upper Egypt

From the World Bank: This study was published about five months ago; I came across it now. Very interesting statistics: While the great stretch of land from south of the Egyptian capital, Cairo to Lake Nasser on the border with Sudan, the area known as Upper Egypt, has only 40 percent of the country’s population, … Continue reading