Exclusive - Egypt turns to Western economic advisers, signalling possible reforms under Sisi: sources


  • World
  • Saturday, 07 Jun 2014

CAIRO/LONDON (Reuters) - Western advisers are drawing up plans for reshaping the Egyptian economy, sources said, with the apparent blessing of president-elect Abdel Fattah al-Sisi who so far has spoken only vaguely in public about reviving the state's finances.

The driving force behind the consulting project is the United Arab Emirates, which along with Saudi Arabia and Kuwait has showered Egypt with billions of dollars in aid since Sisi removed the Muslim Brotherhood from power last year, sources familiar with the exercise and businessmen told Reuters.

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