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What about vancouver ? High oil prices come since 2008 is not in favor of the Egyptian economy, as Egypt has turned a net importer of oil since 2006 at the latest, with decreasing production and increasing domestic consumption, has been compensated for the natural gas discoveries this shortage, and retained for Egypt Source Net Energy Center from 2006 to 2012 , when Egypt became facing an energy crisis, and the crisis in the abundance of hard currency, since surpassed Egypt consumption of domestic energy production kidneys of oil and gas, making it a net importer of energy, and occupied the energy imports from abroad nearly five import bill, and this was reflected on the item support energy, which in turn, inflation, and are out of control the night five-year spending, roughly equal to the annual budget deficit in the years following the revolution of January. *** So is it not logical to Egypt today benefit from lower oil prices, even though supporting the years of cheap energy potential opportunities for economic recovery and reduce the deficit in the balance of trade and payments and the general budget of the state? It does not seem that this is achieved in practice, as reflected in lower oil prices negatively on the ability of the Egyptian economy to generate hard currency as crude oil exports still account for about 40% of the total Egyptian exports, it is still associated with workers from the Gulf, oil prices, remittances, and added to this is that two-thirds of foreign investment, concentrated in the extractive industries sector, and these have fallen with the decline in energy prices, and in addition to this and that the hopes of the Egyptian held on allies Gulf government in the provision of grants and aid or investment flows, has become a place of threat with the expectations of the International Monetary suffering of the Fund Gulf countries from the huge fiscal deficit if world energy prices have not recovered. Perhaps true that the Egyptian government has achieved savings in public spending with a decline in the price of energy and then dropped the cost of support, also achieved savings in the trade balance, but at the same time it does not seem that such savings were enough to lift the country out of hard currency shortage, which adversely affect the heavily on generating high rates of growth opportunities after four years of economic slowdown.