Schneider Electric Expands Youth Partnership with Enactus to Drive Inclusive Energy Transition in Egypt    China's Jiangsu Zhengyong to build $85m factory in Egypt's Ain Sokhna: SCZONE    Egyptian pound ticks up vs. US dollar at Thursday's close    Egypt condemns Israeli plan to build 3,400 settler homes in West Bank    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Egypt, Namibia explore closer pharmaceutical cooperation    Egypt, China ink $1bn agreement for Sailun tire plant in SCZONE    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egypt's Electricity Minister discusses progress on Greece power link    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Egypt prepares to tackle seasonal air pollution in Nile Delta    27 Western countries issue joint call for unimpeded aid access to Gaza    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Australia to recognise Palestinian state in September, New Zealand to decide    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Korean Cultural Centre in Cairo launches folk painting workshop    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



PM complains of Arab, international aid shortfalls
At Thursday presser, El-Ganzouri says post-revolution international aid pledges - by G8, Arabs and US - have failed to materialise
Published in Ahram Online on 22 - 12 - 2011

Egypt has not received any of the financial assistance pledged by the G8 group of nations at their last meeting, Prime Minister Kamal El-Ganzouri stated at a press conference on Thursday convened at Egypt's General Authority for Investment.
"We've also only received $1 billion from the Arab countries,” he added, despite the fact that a handful of oil-rich Arab states had earlier pledged $10 billion in aid to Egypt in the wake of the January revolution. Neither had Egypt received the$2.25 billion in post-revolution financial assistance promised by the US government.
El-Ganzouri went on to tell journalists that a total of some $9 billion had flowed out of Egypt within recent months, but declined to elaborate further. "We reject the notion of devaluing the Egyptian pound" he said.
In response to one journalist's question, the prime minister explained that Arab and international aid had failed to materialise because donor nations had been discouraged by the division and conflict seen recently among Egyptian political groups.
El-Ganzouri also weighed in on the current security crisis that began as an open-ended sit-in outside the Cabinet building in downtown Cairo to protest his appointment to the premiership last month. Subsequent clashes, which began on 25 November, have so far left at least 15 dead.
Addressing the latest violence against Egyptian protesters, especially against women, El-Ganzouri expressed regret. “I refuse all forms of violence, no matter what the cause,” he said, noting that he was “closely following” the ongoing friction between anti-government protesters and security forces.
“Every hour I receive a call from the interior minister to discuss how to deal with these outlaws all over Egypt,” he said.
The PM went on to note that Egypt was currently facing a “very unstable” period, expressing hope that Egypt's various political factions would unite to discuss ways of re-establishing domestic stability and security. “We need calm, if only for two months,” he said.
El-Ganzouri added that his Cabinet was prepared to step down “today,” but stressed that the focus should remain on how best to help Egypt overcome the current political crisis.
Speaking about the “martyrs of the revolution,” El-Ganzouri said he – as an Egyptian citizen – had wished the sentences handed down to their killers had been harsher, but pointed out that he did not have the authority to discuss or interfere in judicial issues.
The prime minister went on to say that the four concrete walls erected around Cairo's Tahrir Square – in and around which clashes have recently taken place – had been set up to prevent further friction between protesters and security forces.
http://english.ahram.org.eg/News/29949.aspx


Clic here to read the story from its source.