Word: razak
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Dates: during 1980-1989
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...problems, though, defy easy solution. The per capita income is a meager $469 per year. Its middle class is beset by an acute lack of affordable housing. Industry is virtually stagnant, and productive foreign investment is anemic. The country now imports half of its food. Says Abdel Razak Abdel-Meguid, the American-educated Deputy Prime Minister for Economic and Financial Affairs: "Because of our favorable balance of payment statistics, the economy looks good on the outside. But inside it needs a lot of work...