هزمنا لعنة الفراعنة :) علي - TopicsExpress



          

هزمنا لعنة الفراعنة :) علي قولهم “Even with the current situation of borrowing, Egypt has been borrowing for a long time now. It’s not a very big concern; don’t forget that the Gulf area is injecting huge liquidity into Egypt and in the projects in Egypt, so there is no concern on the longer term over the debt, or about the rating of Egypt. “Lately we have seen some of the rating agencies (Moody’s) come in and they changed the outlook from negative to stable, so this is more good news for investors to restore the confidence in Egypt. “So, we don’t think that on the longer term it will be affected so sharply. It’s going to be expanding gradually and we might see a downturn but it will be limited.”
Posted on: Tue, 04 Nov 2014 17:17:46 +0000

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