Sinkhole no more: Egypt's economy

Article Abstract:

Egypt's economy has improved in recent years, as its gross domestic product has gained about 5% annually since 1990. Part of the improved economy is due to the write-off of $15 billion in debt owed to the International Monetary Fund, Pres Hosni Mubarak's economic policies and private investment.

Economic aspects, Egypt, Mubarak, Hosni

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Sharif-2: Pakistan

Article Abstract:

Nawaz Sharif began his second term as Pakistan's prime minister on Feb 17, 1997. He faces difficult economic decisions ahead. He must make harsh cuts in spending to satisfy the International Monetary Fund's deficit restrictions and implement other economic reforms.

International Monetary Fund, Economic development, International relations, Pakistani foreign relations, Pakistan, Government spending policy, Sharif, Nawaz

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