U.A.E. Urges Egypt to Trim Budget as Gulf Aid Pours In
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The United Arab Emirates, which is backing Egypt with billions of dollars in aid, said its ally needs to shore up public finances and invest in infrastructure to revive an economy battered by unrest.
Sultan Al Jaber, the U.A.E. minister overseeing assistance to Egypt, also urged institutions such as the International Monetary Fund and the World Bank to show flexibility in dealing with the new leadership in Cairo.