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World Business: The Obama Effect 3 - 18/09/09

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Uploaded by on Sep 22, 2009

World Business: Over the last five years Egypt introduced a series of economic reforms that led, before the global financial crisis, to a 7% annual increase in GDP. Even now growth this year is still predicted to be above 4.5%. But the country is facing a series of ongoing serious challenges, particularly the need to address the large number of its people still living in poverty. In his Cairo speech President Obama called for the region as a whole to focus more on innovation and education. But what does the Egyptian government intend to do next?

Reporter: Simon Mars

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