Post a Comment Print Share on Facebook
Featured Turkish Cypriot culture festival Boris Johnson Yunus Emre Institute Harlow Town Centre Nesil Caliskan
banner11
banner6

reads.

Mubarak says too early to judge Mursi

El-Watan newspaper said its journalist broke through security lines to speak to Mubarak on Saturday before his retrial on charges of complicity in the death of protesters killed in the popular uprising that swept him from office. "He is a new president who is carrying out weighty missions for the first time, and we shouldn't judge him now," Mubarak said in the remarks published on Sunday. El-Watan, which is fiercely critical of Mursi and the Muslim Brotherhood, said its journalist spoke to Mubarak, 85, just before he entered the court. Mubarak, who was president for almost 30 years, said he was saddened by what he described as the difficult conditions facing the poor and the Egyptian economy, which has been hammered by political instability that has frightened off tourists and investors.
 
"This is the secret of my sadness: to see the poor in this condition," said Mubarak, who was toppled by an uprising fuelled by economic hardship.
 
He said he was worried by the prospect of Egypt concluding an agreement with the International Monetary Fundon a $4.8 billion loan seen as vital to supporting the economy. The loan would bring austerity measures likely to curb subsidy spending.
 
Economists fault the Mubarak-era subsidy regime for failing to target state support at the most needy. The Mursi administration says it wants to better direct the subsidies.
 
Mubarak said the poor were at the heart of his decision-making, especially when it came to subsidy spending on staples.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.