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Egypt, World Bank sign $200 million loan project
Egyptian Cabinet ministers and World Bank officials have signed off on a $200 million project aimed at creating 250,000 jobs after more than a year of slow economic growth.
 
The World Bank says the investments will be spent on financing for job creation by improving the environment for private sector-led growth and education.
Ta daaaa! Egypt has found another sucker to "loan" it money for operating expenses that will never be repaid.

Posted by: trailing wife 2012-08-15
http://www.rantburg.com/poparticle.php?ID=350216