Morsi intends to subjugate Egypt to the humiliating conditions of the IMF
- Published in Politics
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Last week, Morsi's government officially begged the IMF for a $4.9 billion loan. Egypt's Prime Minister, Hesham Qandil described the 5 year loan to be paid back with 1.1% rate as a good deal for the country. The Prime Minister appeared live on Egypt's state television in a desperate bid to justify the loan not by explaining its benefits to the people, as he knows very well that the IMF…
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