Pakistan PM says nation giving "Befitting Reply" to Indian strikes    Health Minister orders expansion of residency training programmes to strengthen medical workforce    Egypt steps up export reforms with focus on quality standards, market insights, and global expansion    Egypt's FRA warns against unlicensed financial investment schemes    Gaza faces humanitarian collapse amid escalating Israeli offensive, healthcare breakdown    CIB Egypt extends EGP 2.45bn bridge loan to SODIC for North Coast 'June' project    Al Ismaelia, Coventry University Cairo partner on urban development education    Egypt's net FX reserves rise to $48.144b in April – CBE    Egypt's EDA backs local vaccine industry    Eurozone services stagnate, manufacturing lifts growth    Oman, Algeria agree on $298m investment, energy deals    Cabinet hails WHO measles-free status as milestone in Egypt's health reforms    Egypt's Public Business Min., EHA chairman explore cooperation    Euronext supports EU defence financing with new measures    Egypt's business leader hails tax relief package as key to trust    Israel expands Gaza offensive, drawing international condemnation    Egyptian FM addresses Arab Women Organization Conference opening    Egypt's Sisi praises Bohra community's restoration efforts of Islamic sites    Egypt, Saudi Arabia deepen health sector cooperation with comprehensive MoU    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    Cabinet approves establishment of national medical tourism council to boost healthcare sector    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    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.