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 that time the U.S. feared that communism would spread to the Middle East, and it saw Nasser as a natural leader of an anticommunist procapitalist Arab League. America and Britain offered to help finance construction of the High Dam, with a loan of $270 million, in return for Nasser's leadership in resolving the Arab-Israeli conflict. While opposed to communism, capitalism, and imperialism, Nasser presented himself as a tactical neutralist, and sought to work with both the U.S. and the USSR for Egyptian and Arab benefit. After a particularly criticized raid by Israel against Egyptian forces in Gaza in 1955, Nasser