Download An Introduction to the History of Education in Modern Egypt by J.Heyworth- Dunne PDF

By J.Heyworth- Dunne

ISBN-10: 071461677X

ISBN-13: 9780714616773

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It is possible that the President’s primary motive for soliciting the report may have been simply to demonstrate that Egypt was not dependent for economic advice exclusively on the United States, or on international organizations in which the USA occupied a dominant position. The rapid expansion in external economic assistance raised fresh questions for policymakers on how most effectively to utilize these resources. It is convenient to discuss the major policy issues connected with external aid at this point, even though they were raised by policymakers at somewhat different times.

The next day Dubey telephoned me to say that the region’s management and the World Bank’s President, Robert McNamara, had accepted my assessment of the situation and recommendations on the Bank’s response. I was authorized to inform the government that the Bank would separate its approach from that of the Fund if the latter continued to insist on an immediate and major reduction of cost of living subsidies. I was also asked to notify the Cabinet that the Bank would hold the first meeting of the Consultative Group of aid donors if Egypt continued to move on reform, even if Egypt and the Fund failed to conclude an agreement.

He would, however, present his own views on economic strategy. The President’s response was conveyed in the 30 March 1968 Paper, which sketched out the principles of his economic strategy for the immediate future. This strategy rested on three pillars: (a) resource allocation would give priority to defense; (b) development would be maintained at a reasonable rate; and (c) subsidies and the policy of guaranteeing government employment to graduates would continue. The economic team was changed in March 1968, with Said Gaballah being brought in as the Minister of Planning.

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