Why did Isma'il Pasha sell the shares of the Suez Canal?
To fund an army
To pay off country's debts
To fund his lavish lifestyle
For the prosperity of the Egyptian people
Answer
The primary reason behind Isma'il Pasha's decision to sell Egypt's shares in the Suez Canal was to alleviate the nation's pressing financial obligations. Egypt found itself burdened by substantial debts incurred from ambitious infrastructure projects and extravagant lifestyles, and the sale of these shares provided a crucial source of funds to address the country's economic challenges and restore stability.
The Rise and Reign of Isma'il Pasha: Test Your Knowledge on the Influential Khedive of Egypt
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