The Obama administration has decided to provide about $1 billion in debt relief for Egypt, a senior official said Saturday, in the boldest U.S. effort yet to shore up a key Middle East ally as it attempts a democratic transition.
The aid would be part of a major economic aid package that also includes trade and investment incentives, officials said. It is intended to help stabilize Egypt after demonstrations forced out longtime President Hosni Mubarak on Feb. 11.
Answer by Anonymous at 4:28 PM on May. 9, 2011
Answer by amazinggrace83 at 4:28 PM on May. 9, 2011
Answer by Anonymous at 4:30 PM on May. 9, 2011
Answer by mrsmom110 at 4:32 PM on May. 9, 2011
Answer by LoriKeet at 4:32 PM on May. 9, 2011
Answer by angelachristine at 4:40 PM on May. 9, 2011
Yeah I know we are borrowing it.... Does the OBAMA ADMINISTRATION, not realize this debt ceiling crisis, our horrid economy and the fact that we really are struggling as a nation and have no means to help another nation? I will say the same thing I have said before, we need to help ourselves before we are able to help anyone else.
Answer by amazinggrace83 at 4:45 PM on May. 9, 2011
Answer by DSamuels at 5:03 PM on May. 9, 2011