What would you do if you had 30 Billion dollars? Egypt’s president Abdel Fattah Al-Sissi uses it to revive the economy of his crisis-shaken country. While international institutions and the money lending governments of the Gulf States might see this, many Egyptians remain unsure and skeptical.
For them, lacking transparency and deteriorating living standards raise questions about the sense of how the aid money is used.
In this Planet Mundus Short, Nehal El-Sherif and Kim Schönrock talk to Egyptians on the street as well economist David Butter, who is an Associate Fellow at the London-based policy institute Chatham House; and Niveen Wahish, economic editor at Egypt’s Al-Ahram newspaper, to paint a picture of the economic and social situation in the North-African country and to figure out: Where does the money go?by