Qatari PM says won’t let Egypt go bankrupt

Qatari PM says won’t let Egypt go bankrupt

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Tue, 15/01/2013 - 20:16

Qatar's prime minister said on Tuesday his country would stand by Egypt and did not want to see it go bankrupt, a week after the Gulf state said it would lend Cairo an additional US$2 billion and grant it an extra $500 million 

Asked whether his country would increase aid to Egypt, Sheikh Hamad bin Jassim al-Thani said, "Qatar will stand by Egypt and the Egyptian people's needs. We don't want to see the biggest country in the Arab world bankrupt. I don't think this is wise. I think it is in the interest of the World Bank and the international community not to see Egypt brought down."