Introduction The Tamween (‘Supply’) system, a subsidized goods distribution network operating through ration cards, has served as a cornerstone of Egypt’s welfare state since the early 1960s. Beyond representing
Abstract The reform of Egypt’s public sector is a key condition for the latest $8bn transaction from the IMF. This includes the sale of state companies as well as the
After more than a year and a half of implementing the IMF program, the Egyptian economy continues to grapple with instability, weak financial health, and rising debt. Economic growth has
A COMMUNITY IS LEFT TO PAY A HEFTY PRICE FOR THE IFC TO “LEARN FREE LESSONS” TITAN ALEXANDRIA, EGYPT Written by: Amy Ekdawi Background Nestled on the Northern Egyptian Coast,
On February 25, Arab Watch Coalition held an online Webinar to introduce 7 case studies conducted by its organization members from Morocco, Tunisia, Egypt, Jordan, Lebanon, Iraq, and Yemen. From
Press Release 31 January, 2022 – International Financial Institutions (IFIs) have designated billions of dollars to respond to the pandemic and related social and economic crises. Yet, there is a
#ViolationsFact #ESS_before_financial Written by: Amy Ekdawi, Arab Watch Coalition In 2010 the International Finance Corporation, the arm of the World Bank Group that invests in private sector, invested a total of
Titan Cement Company exposes IFC’s accountability and impact investment principles #ViolationsFact #ESS_before_financial Written by: Amy Ekdawi, Arab Watch Coalition The International Finance Corporation (IFC), a member of the World
The European Bank for Reconstruction and Development (EBRD) continues its support of fossil fuels projects. The bank will provide a US$50 million loan to Suez Oil Processing Company (SOPC)