|
"Serious" work, planning and stability are the keys to reinvigorating Egypt's economy after near daily protests and strikes wreaked havoc with revenues and unsettled investors since January, Moussa told The Associated Press on the sidelines of the WEF. The Arab world's most populous country has seen economic growth contract sharply with key foreign revenue sources like tourism and foreign direct investment hit particularly hard. Also at the gathering in Jordan, Libya's acting Prime Minister Mahmoud Jibril said his country has used 62 percent of its oil resources under deposed Moammar Gadhafi. "We only have 32 percent left," he told the AP. "We have to look for other sources of income in the next 20 years," he said. "The time is limited and it's very critical. Therefore, we have to utilize it well to look for other alternatives."
[Associated
Press;
Copyright 2011 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor