date:Jun 26, 2014
painful economic austerity.
Three years of turmoil in which protests have helped lead to the removal of two presidents and hundreds have been killed in the streets have wrecked Egypt's economy and left it largely dependent on aid from wealthy Gulf Arab allies.
HUGE LEAKING HOLES
Egypt spends more than $4 billion a year on food subsidies on which millions of poverty-stricken Egyptians depend. One cash-strapped government after another has resisted tackling problems in the system, fearful of a