Egypt’s Islamists now sinking economy

The political turmoil that has gripped Egypt for eleven months have disrupted many of the most important questions facing Egypt today: can a Muslim is poised to lead Egypt appears civil administration, improving the economy is in much worse condition than when the rebellion began last January?

High unemployment, falling tourism and foreign investment and cripple the budget problems, among many other issues, all the threatens to put additional difficulties on the already struggling working class Egypt, sowing seeds of unrest over the years to come.

Very central to protest economic grievances which ousts Hosni Mubarak. While macroeconomic indicators of countries increased in the last years of the regime of Mubarak, Egypt is still the majority of people struggling to get. GDP per capita on a paltry $ 6,200 2010; labor law is hardly enforced; and basic services such as health and government-education-substandard.

Since overthrowing Mubarak, however, the economic crisis deepened, Egypt has threatened to spark further unrest unless Egypt enters civilian Government took decisive action to correct the course of the road that has a real impact on the lives of ordinary Egypt.

Egypt Brotherhood ultraconservative Salafis won 61 percent of the collective voice of the first round of parliamentary elections and will be primarily responsible for solving the challenges of the country’s economy. The two groups, the Muslim Brotherhood, which won a plurality of votes, would have the greatest ability to impact the economy of Egypt and there should be a serious concern over its ability to do so meaningfully.

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