World Bulletin/News Desk
The military coup in Egypt has cost 120 billion guinay (around US$17 billion) in damages and it well exceeds the foreign financial support provided by the Gulf states.
The Middle East Monitor website, citing economic experts, stated that the Egyptian economy had a US $17 billion burden following the military coup. This figure is above the US $12 billion support given by Gulf states Saudi Arabia, Quwait and the United Arab Emirates.
The interruption of production at factories, as well as foreign investors leaving the state and exports and imports being undermined, have all contributed to the deepening of the economic crisis.
Tourism ranked first among the sectors most influenced.Güncelleme Tarihi: 02 Ağustos 2013, 16:58