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Egypt's IMF Loan: Necessary but Fraught
Middle East Institute
  • Analysis
  • Egypt's IMF Loan: Necessary but Fraught

    Less than 30 months ago Egypt was brimming with enthusiasm and optimism. Not only had it ended three decades of Mubarak rule, but it had done so essentially peacefully and at the hands of young Egyptian professionals who, it was believed, could walk Egypt toward a freer and more prosperous future. Today, the country is politically polarized and it faces the worst economic crisis since the 1930s. A severe sense of frustration and dark pessimism prevails throughout the nation.

    June 19, 2013