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Wednesday, 17 August 2016

Egypt’s economic problems are El Sisi’s fault, Bloomberg’s editorial board says

Trying to imitate The Economist, but with less nuance and substance: Bloomberg View’s editorial board penned a piece saying Egypt’s economy is failing and that it is President Abdel Fattah El Sisi’s fault. The IMF’s funding to Egypt is “likely to be good money thrown after bad,” the editorial board says, closing by saying “Egypt can once again be a place worth investing in — but before that happens, a lot will have to change.” The editorial also aired on Bloomberg radio.

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