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Shahid King Bolsen shared a link.

Posted on February 2, 2015 by Shahid Bolsen

“..set to pump around EGP 2-3bn in financing national projects that the government intends to issue in 2015.” Means privatization of state enterprises and services, selling them to UAE. Loans to Egyptian SMEs means establishing a mechanism to force entrepreneurs either into working as franchisees for multinationals, or possibly to simply bleed small businesses by providing just enough capital to start, but not enough to be competitive, while collecting debt repayment at high interest rates.

Pumping money in to the business of others is not what businesses do. Investment is not even like a regular loan, investors expect a profit, and impose conditions on financing which are in their own interests, not the interests of the recipient.
External Context سياق خارجي

http://www.dailynewsegypt.com/2015/01/10/emirates-nbd-aims-pump-egp-3bn-national-projects-2015/

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Retweet on Twitter Shahid Bolsen Retweeted
amazighishbalan avatar; Uncle Tom @amazighishbalan ·
16 Jun 2067028058633011530

@jem_toto @PhilConte007 @ShahidkBolsen @joekent16jan19 Apprend la langue. L'anglais ça ouvrira ton horizon comme jamais. Le frère Shahid est probablement le vulgarisateur géopolitique le plus acerbe que j'ai pu écouté dernièrement. Sa chaine youtube Themiddlenation est un must. Peace.

Reply on Twitter 2067028058633011530 Retweet on Twitter 2067028058633011530 1 Like on Twitter 2067028058633011530 10 X link 2067028058633011530
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