Did I read on here

Reporting and discussing local, national and international news items.

Moderators: DJKeefy, 4u Network

Post Reply
User avatar
Major Thom
Royal V.I.P
Royal V.I.P
Posts: 2891
Joined: Mon Mar 30, 2015 5:45 am
Has thanked: 191 times
Been thanked: 378 times
Gender:
Contact:
Cyprus

Did I read on here

Post by Major Thom »

Did I read on here that Egypt spends only 2% of its economy on the forces. Well it now seems Officers have been given a 25% increase on their pensions when they retire. The two things do not go together do they.


User avatar
carrie
Egyptian Pharaoh
Egyptian Pharaoh
Posts: 4910
Joined: Mon Mar 14, 2005 10:46 am
Location: luxor
Has thanked: 1860 times
Been thanked: 2885 times
Contact:
United Kingdom

Re: Did I read on here

Post by carrie »

Why not? If the economy has increased then that more than covers an increase in pensions and still claiming to be within the 2% expenditure.
newcastle
Egyptian God
Egyptian God
Posts: 8695
Joined: Thu Oct 17, 2013 11:49 am
Has thanked: 1548 times
Been thanked: 5127 times
Contact:
Egypt

Re: Did I read on here

Post by newcastle »

Major Thom wrote:Did I read on here that Egypt spends only 2% of its economy on the forces. Well it now seems Officers have been given a 25% increase on their pensions when they retire. The two things do not go together do they.
You read incorrectly.

Sisi claimed that the economic activities of the army only accounted for 2% of the economy.
A-Four
Egyptian Pharaoh
Egyptian Pharaoh
Posts: 4202
Joined: Wed Jul 29, 2009 10:04 pm
Location: London
Has thanked: 910 times
Been thanked: 1134 times
Gender:
United Kingdom

Re: Did I read on here

Post by A-Four »

During the latter days of the Mubarak era the military accounted for around 40% of the annual total Egyptian government expenditure, 60% of said amount was payed out to salaries etc, and the rest was spent on either new armament or maintaining its present stock.
newcastle
Egyptian God
Egyptian God
Posts: 8695
Joined: Thu Oct 17, 2013 11:49 am
Has thanked: 1548 times
Been thanked: 5127 times
Contact:
Egypt

Re: Did I read on here

Post by newcastle »

A-Four is confusing the military's activity/involvement in the economy (40% -60% depending on whom you want to believe ) with actual expenditure.

They are not the same.
Post Reply
  • Similar Topics
    Replies
    Views
    Last post
  • Has anybody read.........
    by LovelyLadyLux » » in Literary Corner
    0 Replies
    5080 Views
    Last post by LovelyLadyLux
  • An interesting read..
    by Who2 » » in Literary Corner
    1 Replies
    15980 Views
    Last post by Who2
  • The First Poem I Ever Read...
    by Zooropa » » in Literary Corner
    2 Replies
    2724 Views
    Last post by Mad Dilys
  • Christmas read?
    by jewel » » in Literary Corner
    4 Replies
    2028 Views
    Last post by jewel
  • A good read
    by carrie » » in Literary Corner
    9 Replies
    5477 Views
    Last post by Brian Yare