Over the past several months, there have been several benchmarks in the International Monetary Fund’s loan to Egypt. The IMF’s executive board approved the third $2 billion tranche of the loan at the end of June, bringing the total drawn funds since the signing of the loan agreement in November 2016 to $8 billion. In July, the IMF released its third review of the economic reform program, which, very much like the previous two reviews, was full of praise of the Egyptian authorities for the strong implementation of the economic reform program.
Instead of becoming captive to the global price of coal and its increasingly obsolete technologies, lethal health effects, and inevitable depletion, Egypt could more effectively achieve energy security by directing investments and efforts toward renewables, focusing on improving energy efficiency, and supporting decentralized networks and smart systems.
Nuclear energy differs substantially from all other energy sources in that it is a potential source of massive hazards. Regardless of current differences of opinion about the suitability of nuclear energy in Egypt—whether based on economic considerations, energy independence, or other considerations—there is no disagreement on the need for superior regulatory structures and capacities to ensure the safety of nuclear reactors.
Ramy Raoof (RR): The way (states) are using surveillance is to limit people’s ability to organise. And people organise through different means: it could be through mobile apps or websites, with different tools ranging from Facebook and WhatsApp to Signal and Telegram and other ways. And then the adversary deploys surveillance to monitor people – not to ban them, but to know what they are going to do and then disrupt this action in some way.
They told us that al-Makhsous was full, and that nobody had been hanged since the beginning of the revolution. But they had taken a woman to be executed one or two days before I entered the prison, on June 23, 2014. I think by the time I was released 15 months later, all the women in al-Makhsous had been hanged, and the ward had filled up again. The current president does not love life.
25 years ago (minus a few days), Lotfy Khalil was born in the Shenou district outside of the city of Kafr el Sheikh. I haven’t met him, and the chances of meeting him in the future are almost nil since, as of June 19, the Supreme Court for Military Appeals has upheld a death sentence against him. The same verdict also befell six other people — three of which are detained with Lotfy — charged in relation to the April 2015 Kafr el Sheikh stadium bombing that killed three military college students.
March 31, 2015 at 4:26pm
Members of the Initiatives of Atheists and the Non-Religious at the “Forum on Religion and Freedom”: our announcement of our ideas causes a shock that society needs in order to stop denying our existence and our rights
Throughout June, the Egyptian cabinet and parliament debated a budget for the 2017–18 fiscal year, which began on July 1. The budget has been referred to in Egypt as the “IMF budget” due to the number of restrictions in an austerity program imposed by the International Monetary Fund. The IMF—which approved a $12 billion package of loans in November 2016, in exchange for a number of reforms—aims to reduce Egypt’s public spending from around 30 percent of its gross domestic product to below 23 percent by 2021, with one-sixth of those cuts coming from the public payroll
He is a “tuk tuk” driver in his mid-30s working from 10am to 9pm, seven days a week, on a small cart he bought eight years ago. He paid for this cart using a loan and after receiving his share of the remuneration that was earned during his work with his father. When the vehicle use to crash, which has happened very often during the last three years, he had to spend days at home in order to repair it. This means that his family had, for these days, nothing to eat except for what was offered by some family members and neighbors.
Today marks the two-year anniversary of the Egypt Economic Development Conference (EEDC), an event hyped by the Egyptian government and business community in an effort to restore trust in Egypt’s economy and bring in much-needed foreign cash. Since the conference, foreign direct investment (FDI) has indeed increased, but that does not necessarily bring good news to the unemployed and wage earners.