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Egypt in political clinch as economic cliff looms

Two years later, Egyptian pro-democracy uprising, like a ramshackle bus, scroll to the cliff, the passenger was too busy feud strange wrench safety steering wheel.
Foreign currency reserves shrink dramatically. Tourism is at the last gasp. Investment is stagnant. Funding of diesel oil and chemical fertilizer supply falls short of demand, and subsidies cost inflation budget deficit unsustainable.
Since 2011, against the Egyptian pound has lost 14% of value. The dollar is scarce. The international monetary fund loans, can release broader aid on the shelf. Rising unemployment. Social security deterioration, weapons rampant smuggling activities.
Little consideration for the upcoming economic cliff, the most populous Arab country's politicians, it is an islamic tilt of the constitution, political violence and the power of the Muslim brotherhood trading dish it out.
The President Mohammed Moore west and his supporters in the freedom and justice party, the political power of the fraternity, this is a difficult family stretch in Egypt delay of transition to democracy.
Powerful country machine, they confidently look forward to in April or may win the parliamentary elections, to complete their conquest of the new democratic system, and then set out to reform countries and conservative islamic line.
"We are going through a bottleneck," evan Sam · hadad DE said, the President's national security advisor. He said: "we hope that as soon as possible through this bottleneck, no crack bottle."
From Qatar, brotherhood of the main foreign supporters of cash capital holding country just above the water head, hadad DE said, a large informal economy will continue to Egypt.
The IMF's loan not sure
Others are not so sure. The American ambassador Anne patterson warned that this month, foreign currency may lead to the lack of food and fuel shortages, and the social stability risk, in a country, where two 5 of the population live in less than two dollars a day.
Continue through the telephone and E-mail and the international monetary fund contact, but no signs of any fund delegation to Egypt has $4.8 billion loan agreement is very important to stabilize the economy.
IMF requirements in December, Egypt to amend the economic adjustment programs, qualified loan. Diplomats said, the IMF's trading can open, to $1.2 billion from the source of funds, including the world bank, the European Union, the United States and the gulf Arab countries.
Hadad DE is not clear, the government will implement unpopular cuts in subsidies and fiscal austerity measures required global lenders in the polling day before the risk.
"This is well known, the fund before the election, no one will do such action," he said. "However, our information is very clear. These reforms, for economic recovery is very important. There is no other choice.
Some liberal opposition leaders, who have no pressure on the west's constitutional amendment controversial articles, or replace weak lead to pale prime minister and ShaM Campbell dean was a government of national unity cabinet, now economic priority in a platform provides an agreement.
· hassan · malik, the Muslim brotherhood's top business leaders, give play to the idea, said the opposition politicians Mohammed elbaradei, a former chief of the United Nations nuclear agency, and eminem lu · musa, a former head of the Arab league, just a respectively and cannot provide salvation front.
The party's left the current popular nasser torches Hamdeed saba ho, the national science foundation's important one, and strong islamists salad fe all parties to distance himself from the IMF plan.
Malik when accepting a reporter to interview said, the economy is going through a tough patch, because the launch of the 2011 uprising and the overthrow of the former President hosni mubarak huth, has not yet been completed, organization, work is not fully transition to democracy.
"Egypt's economy will not collapse," he said.
Malik trying to lure Egypt billionaire and mubarak era of economic reform, some of them have been confiscated assets or judgment by default, the uprising.
"BROTHERHOODISATION" deny
The opposition of the intellectuals in the streets of Cairo and young activists who take the lead against hosni mubarak uprising and feel be confiscated their revolution, condemning their so-called growth "Brotherhoodisation" - drive penetration and control of all institutions.
In one case, veteran, "pyramid newspaper reporter hani Shukrallah, a respected commentator, accused brother's pressure, the government-owned media group to his mandatory retirement. Paper new management deprivation of political motivation.
However, almost have not signed any state power monopoly or civil society today. It looks more like happened in Turkey's moderate islamist justice and development to win election is ten years ago that rotation of the elite.
The army and the ministry of the interior and security services in a certain extent keep autonomous power center, seems to have reached a makeshift, Moore, on the basis of the west and not in his thumb non-interference in each other.
A dynamic independent media forced the President's son to give up work and a country's affiliates by increasing the nepotism blame. Harsh night TV talk show programs provide a wide range of sharp point of view.
To do a fraternity bidding mubarak age left by the judicial is still full. Whether the government or the opposition control the young street.
An awkward strive for more eminent domain religious authorities last week failed, senior Muslim scholars chose a non-political islamic law Egypt priests brother's preferred candidate is preferred.
Hadad DE any conversation Brotherhoodisation say "black propaganda trying to eliminate the whole industry society". He pointed out that the members of the brotherhood out in many countries mechanism and the army according to mubarak.
JiYaDe · BaHaDing EL - DIN now opposition social democratic vice President, the former President of investment administration said, brother, the past Egyptian rulers, are trying to solve the country's problems before, to ensure that its grip on power.
"This has happened since the Ottoman pasha) Mohammed ali kill the mamluks dynasty in the 19th century," he told reporters. "(JiaMaiEr abdul) nasser lock the Muslim brotherhood
 



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