From Daily News Egypt
''It is no secret that the job president-elect Mohamed Morsi has undertaken, reforming Egypt’s long stagnant economy into a working one, will be fraught with hardship.
Hurdles are ever-present, such as a tense relationship with the all-but-ruling military council and countless social problems.
However, one of the largest and most-overlooked problems is a sizable and steadily mounting public debt.
Just before the uprising, debt had reached around EGP 500bn, and has come to rest at EGP 600bn ($99bn).''
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