What economic factors contributed to public anger against the Brotherhood?

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Economic Factors Fueling Public Discontent Against the Muslim Brotherhood

The Muslim Brotherhood faced widespread public anger due to a combination of inherited economic challenges and policies that exacerbated existing hardships. Upon assuming power, the group inherited state institutions plagued by decades of mismanagement and corruption, coupled with a significant portion of the population living in poverty and facing rising unemployment. Instead of prioritizing economic recovery through broad consensus-building, the Brotherhood's rapid efforts to consolidate political power overshadowed economic revival, leading to a climate of unrest.
Inherited Economic Crises

Egypt's economy was already in a precarious state when the Muslim Brotherhood came to power. Decades of what is described as mismanagement and corruption within state institutions had created deep-seated problems. This systemic weakness meant that a substantial segment of the population, specifically one in five Egyptians, was living in poverty. Furthermore, the unemployment rate was on an upward trajectory, indicating a worsening job market and increasing economic precarity for many citizens.
Prioritizing Political Power Over Economic Stability

Analysts and opposition groups contend that the Muslim Brotherhood's strategy focused excessively on consolidating political power rather than on fostering economic revival through inclusive consensus. This perceived prioritization of political gains over addressing pressing economic concerns contributed to growing public frustration. The convergence of economic hardship with political instability created an untenable situation for President Mursi's government, leading to the conclusion that the political failures preceded and contributed to the economic ones.
Stalled Economic Reforms and Reliance on Foreign Aid

The government under the Muslim Brotherhood struggled to secure crucial international financial support, notably a $4.8 billion loan agreement with the International Monetary Fund (IMF). This agreement was seen as vital for restoring investor confidence in the Egyptian economy. In lieu of this critical funding, the authorities became reliant on short-term grants and deposits from foreign nations, such as Qatar, which provided approximately $8 billion in aid. This dependence on external, often conditional, assistance did little to alleviate the underlying economic distress.

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What economic factors contributed to public anger against the Brotherhood?

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