Egyptian Strategic projects..updates
- Thread starter The SC
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mulj
Trusted Member
I am pretty sure that figures are in similar proportions for 2023.
Indos
INT'L MOD
Egypt rating is B- from Fitch Rating 2023. In 2024 the rating will likely stay or even down graded due to the effect of Houti attack on Suez canal revenue and stubborn inflation.
Growth rate is mediocare for developing nation at around 3 % with around 32 % inflation rate, 6.1 % of GDP budget deficit for 2023, this is very dangerous under current global tigh money policy ( high interes rate environment due to The Fed tigh monetary policy ). The currency depreciation will likely be pretty deep that will affect debt payment
Sisi administration economic performance so far is C-
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The SC
INT'L MOD
- Thread starter
- #199
The Egyptian economy is growing at a rate of 12 percent. Egypt deducts 9 percent to pay off debts and the remaining 3 percent is the remaining annual growth rate. This indicates that the Egyptian state has not declared either the real growth rate or even the real national income.
National income or gross domestic product is equal to, for example, 480 billion dollars annually. The media says that Egypt has a 3 percent growth rate, and this means that the economy is developing, but they only announce the estimated addition of 3 percent, amounting to 14.5 billion dollars. As for the rest of the percentage, it is equivalent to 9 percent, but it is secret. Because the annual debt repayment amounts to 42 billion dollars, and the slight progress of 3 percent, as we said, is equal to 14.5 billion dollars, so where do they get the amount of debt repayment, which is estimated at 42 billion dollars? 3 percent growth as announced!!!!!!! It is supposed to decrease and the result is negative, so the progress rate is 3 percent = 14.5 billion dollars + the annual repayment amount is 9 percent = 42 billion dollars.
In addition, all newspapers, websites, and sources reported conflicting reports regarding Egypt’s national income or gross domestic product.
newb3e
Elite Member
would like you guys analysis on this mega deal.
my analysis is UAE is financing Sisi and prolong his rule over Egypt,UAE being an ally of Zionist and Arab Zionists themselves helped SISIs coup and made sure Islamic Brotherhood revolution doesnt Inspire other Arab revolutions this will keep Arab monarch in power from current Quds Israel war perspective Israel cant afford a pro Quds govt next to its border specially a huge army like egypt with full support of Egyptians can mess with Israels imperial ambitions but for how long can these fake injection keep Egyptians economy stable since SISI/Military is corrupt and will siphon majority of the money the economy will keep going down and eventually empty bellies will protest and might dethrone SISI.
now if we view this from Pakistans perspective we can draw parallels btw egpyt and Pk...Arabs/Zionists dethroned a popular leader and are now looking to finance the dictator but till now Pk hasnt received anything significant from Arabs so our Dictators position is still shaky and to cement his rule he is restoring to violence which IMO is not a good tactic and he will have to fix economy to cement his position so he is also looking to sell PK assets + land to Arabs for cheap and with money he can either make his minions (politicians/Generals) rich or invest in country and literally bribe people (by providing relief) and gain support and prolong his rule but if history has shown us that our dictators are more interested in their own well being and dont consider people as their allies!
newb3e
Elite Member
can you kindly update me please. or where i am wrong.
The SC
INT'L MOD
- Thread starter
- #203
Well first stop comparing with Pakistan..that is another topic.. second..there are no Zionist Arabs but pro American ones due to geopolitics of the past..
Egypt did not sell the land of the project it is rather a joint venture with 51% share for Egypt and 49% for the UAE..it is a win/win situation..and the land is still Egyptian..
newb3e
Elite Member
the 2 island egypt sold/shared earlier how is that deal working out for egypt? any real development on those island?any revenue generation of Egyptians?
yes agree Pakisran is another topic but the situations are very comparable both military pets of arab zionists!
newb3e
Elite Member
The SC
INT'L MOD
- Thread starter
- #207
Tiran and Sanafir historically belonged to Saudi Arabia.. they have borrowed them to Egypt so it can control the red sea near Israel.. because Egypt was almost permanently at war with Israel.. and Saudi Arabia at that time was too weak to support Egypt..so it had decided to give Egypt an advantage in the Area..Now that Saudi Arabia is strong enough.. Egypt simply returned the islands to KSA..
Don't believe all the propaganda on the net.. always dig deeper..
newb3e
Elite Member
okay good and what about SISI dictatorial rule over Egypt? and his subjugation to Zionist masters (arab and israel)
The SC
INT'L MOD
- Thread starter
- #209
Well my friend..the majority of the Egyptians went to the streets to ask Morsi the then president..to leave office..but he refused and wanted to send the army to face them but that didn't work, so his party Ikhwan Al muslimin or the Muslim brotherhood went out and started shooting people and even police.. the army and police rounded them up and arrested the armed ones.. and Morsi was forced to leave office and went to jail.. elections were held and the people chose Marshal Sissi.. who was then the defense minister temporarily until real civilian election.. which happened and they chose Sissi again and again and again in subsequent elections.. So it is haram to call him a dictator.. most Egyptians like him a lot for what he did in the last 13 years and don't seem to regret having elected him..
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