Egypt backlash will ‘impact massively’ US aid to transitions
The Arab world’s transitional states desperately need economic assistance and investment, the World Economic Forum heard today. The "cost of the transition is much, much more than anticipated," said one government minister.
But plans to increase US assistance risk being jeopardized by the Egyptian government’s attack on pro-democracy NGOs, said a US government official.
The groups’ officials “are being held hostage” and face up to five years in prison, the International Republican Institute’s Sam LaHood said today.
The US is committed to supporting the region’s democratic transitions through a range of initiatives, from infrastructure investment and debt forgiveness to preferential ... (...)
