Egypt imposed a big security clampdown in its cities on Friday as mass demonstrations called to protest against austerity measures failed to take place.
Riot police and armored vehicles filled the otherwise empty streets of central Cairo, but most people stayed at home.
President Abdel Fattah al-Sisi has urged Egyptians not to protest and warned that there would be no going back on economic reforms, no matter how much pain they might cause.
In a boost for the government, the International Monetary Fund’s executive board approved a three-year, $12 billion loan to Egypt aimed at supporting the reforms, and the central bank said it received a first tranche of $2.75 billion.
A little-known group calling itself Movement of the Poor had called for Egyptians to protest on Nov. 11 against deepening austerity measures the government says are required to save the Arab world’s most populous nation from financial ruin.
Read the Full Article: Source – Reuters
Time For Truth: (Reuters) – Egypt imposes big security clampdown, protests fail to materialize