Friday, November 25, 2011

IMF chief called the main cause of unrest in Egypt

According to the International Monetary Fund, Dominique Strauss-Kahn, a high level of unemployment in Egypt and Tunisia has played the role of "time bombs". "This summer I played in Morocco with a speech devoted to the problem of youth unemployment, including those in Egypt and Tunisia, and said it was a time bomb and one of the major problems that the government should decide, because this can not last long, "- reports the words of Strauss-Kahn agency Finmarket. He thus pointed out that despite the rise in macroeconomics, it is impossible to ignore the strong social inequality:" Such a high level of unemployment, especially among young people, and create a strong inequality in the country, a situation that could lead to unrest. "projected growth in 2011, Egypt will be from 6 to 6.2%, but 18% of the population lives below the poverty line. Recall that the square Tahrir in downtown Cairo for a meeting on Tuesday, gathered around a million people. The Egyptian opposition is preparing to make an appeal to the people. As expected, the result of the ongoing second week of riots should be the resignation of President Hosni Mubarak held the position for 30 years.

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