Samer Atallah, a professor of economics at the American University in Cairo, warned of implications from the negotiations for the loan.
"The whole process has been lacking transparency, and they put themselves in a difficult position without the political consensus needed to sell this to the public," he said. "I think austerity measures are extremely difficult to carry out before any elections, even with the Brotherhood's ability to mobilize" voters.
Fady Mohammed, a 21-year-old student who works on awareness campaigns in low-income neighborhoods, said discussions with people there focus on frustration at lack of change in their living conditions, two years after the ouster of Mubarak.
"Many say neither the Brotherhood nor the revolutionaries have done them any good," Mohammed said. "People feel that the government never takes the side of the poor and is more concerned about establishing control."
Gouda had no good news for the impoverished. He said years of poor economic policies were bound to hit Egyptians hard.
"We will have to rely on local civil groups and charities to compensate some of the low-income groups," he said.
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