International rating agencies remove Egypt from monitoring list in a nod to improving economy

International rating agencies remove Egypt from monitoring list in a nod to improving economy
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Published September 24th, 2012 - 00:08 GMT via SyndiGate.info

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The Egyptian economy is starting to pick up after the Arab Spring
The Egyptian economy is starting to pick up after the Arab Spring
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Cabinet
,
Alaa el-Hadidi
,
Hisham Qandeel

Prime Minister Hisham Qandeel on Saturday 22/9/2012 discussed means to redress the state budget deficit, improve services offered for citizens and buttress the economy.

Cabinet spokesman Alaa el-Hadidi said that participants reviewed ways to improve services offered to citizens and develop the economic situation.

Hadidi said that two international rating agencies removed Egypt from the monitoring list for the first time since the break out of the January 25 revolution as a sign of the improvement of the Egyptian economy.

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© 2012 AllAfrica Global Media.

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