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>> MOHAMED MORSI Latest News

MAY 06, 2014 - Yahoo! News

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Egypt's Sisi says economic recovery needs time, patience

Ex-army chief and leading presidential candidate Abdel Fattah al-Sisi warned Egyptians on Tuesday they will have to be patient and work hard to salvage their economy after three years of unrest. The retired field marshal, who ousted the elected Islamist president Mohamed Morsi in July, said foreign debt and subsidies costs ate away much of the budget, but ruled out drastic subsidy cuts. Sisi is expected to win the May 26-27 election against his only rival, leftist Hamdeen Sabbahi, amid calls for a strong leader who can restore stability. Egypt had been slowly recovering from a sharp drop in ... Read More

Tags: Egypt's Sisi says economic recovery needs time, patience,  Mohamed Morsi Latest News