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aid to egypt

Reader comment on item: One Year After Morsi, How Goes Egypt?

Submitted by bob masse (Canada), Aug 24, 2014 at 22:04

I was reading an old blog by daniel where he mentioned the annual financial aid to egypt as 1.8 billion per year

can someone explain to me why this is occurring?....isn't egypt oil rich ?

Submitting....

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Daniel Pipes replies:

Its economy is a basket case thanks to 60+ years of military rule.

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