Grand Ethiopian Renaissance Dam on the initial storage in the Aswan High Dam and this filling schedule of the GERD, flows into Egypt could be temporarily reduced, which may affect the income of two million farmers during the period of filling the reservoir. Allegedly, it would also "affect Egypt's electricity supply by 25 to 40 percent, while the dam is being built". However, hydropower accounts for less than 12 percent of total electricity production in Egypt in 2010 (14 out of 121 billion kWh), so that a temporary reduction of 25 percent in hydropower production translates into an overall temporary reduction in Egyptian electricity
Aswan Dam Though the Czech arms deal actually increased the American willingness to invest at Aswan, Great Britain cited the deal as a reason for reversing its promise of funds. What angered Dulles much more was Nasser's diplomatic recognition of China, which was in direct conflict with Dulles's policy of containment. There are several other reasons why the U.S. decided to withdraw its offer of funding. Dulles believed that the USSR would not fulfill its commitment to help the Egyptians. He was also irritated by Nasser's neutrality and attempts to play both sides of the Cold War. At the time, other western