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WASHINGTON (Reuters) ? The Obama administration hopes to go to Congress soon with a plan for using $1 billion in debt relief to help Egypt stabilize its economy and expand its private sector, a senior U.S. State Department official said on Friday. ?My hope would be is that we would go to the Congress very shortly with a framework of how we recommend that this money be allocated,? U.S. Deputy Secretary of State Thomas Nides told reporters during a conference call to discuss goals for a U.S. business delegation headed to Egypt this weekend. ?
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U.S. debt relief plan for Egypt could go to Congress soon
Source: http://www.futurefinancesolutions.com/u-s-debt-relief-plan-for-egypt-could-go-to-congress-soon/
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