Egypt's new finance minister faces daunting task

July 15th, 2013  
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Topic: Egypt's new finance minister faces daunting task

By Patrick Werr CAIRO (Reuters) - Egypt's new finance minister is a U.S.-educated economist who will need all his training to help pull his country out of an acute financial crisis aggravated by renewed political turmoil. Ahmed Galal, managing director of the Cairo-based Economic Research Forum since 2007 and for 18 years a researcher at the World Bank, said he had accepted the post of finance minister in the army-backed government of Prime Minister Hazem el-Beblawi. ...


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