Source: Daily The Beast:
Egypt’s economy is in sharp decline, thanks in large part to its never-ending political unrest. In Washington, these dire economic straits have added new weight to a practice long favored by politicians looking to pressure the Egyptian government: the threat to cut off aid. Egypt receives more than $1 billion annually from the U.S., and amid concerns on Capitol Hill over President Mohamed Morsi’s commitment to democracy, legislators have pressed the Obama administration to freeze the funds. Last month, U.S. Secretary of State John Kerry made headlines when he announced that America would give an additional $250 million to Egypt, citing its “extreme needs.”
The largest part of the cash went to the Eglyptian army. It might not be a bad thing to reduce this dependency.
How do you know for fact that money went to the Army? During Hosni Mubarak’s time economy was better than today and Mubarak himself was an army man?
I think acknowledge the fact that Egyptians are paying for their thanklessness and were duped by so called ‘democracy’.
Not saying that Hosni Mubarak did right, but oolil amar also means to have patience in getting rid of those in authority through prayers unfortunately, none is the case in Muslim countries.