BREAKING NEWS

Mubarak's son says tough economic decisions coming

By ASSOCIATED PRESS

DECEMBER 28, 2010 02:21

CAIRO — The son of Egypt's president, Gamal Mubarak, said Monday his party has to make "tough" economic decisions to improve his country's economic prospects, mentioning changes in social programs.

The younger Mubarak said the steps would include pushing through a new pension and social insurance law as well as encouraging private sector finances into public infrastructure projects to raise three times as much as the government investment budget.

Economic reform policies pursued by Mubarak and his team of reform-minded ministers have sparked protests in Egypt because they were viewed for the most part as biased against the poor.

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