An pinion on the deal By Hossam Badrawi

An pinion on the deal

By

Hossam Badrawi

There is no doubt that direct investment in the deal that has been announced is more than excellent, but we need to know that financing our hard currency through real estate deals (land and buildings) are short-term solutions, its philosophy is to overcome the immediate crisis.

I do not underestimate the achievement, but I build on it.

The challenge facing the Egyptian economy is a challenge in its structure, demonstrating weak production, limited exports, and fluctuations in foreign currency sources (Suez Canal, Egyptian workers outside Egypt transfers, tourism, energy exports)

We need a deep restructuring within a specific vision and priorities.

I say this and I am not an economic expert, but I observe and use my mind , think , and compare. As for the details of the strategy to be followed, this is the responsibility of the economic experts in the government and civil society and should not be a secret but known to everyone, and is necessary to be specific in terms of time, cost, and have indicators for measurement and monitoring from the parliament, media, and civil society (which is a challenge in itself)

This means that what we say here has a primary political aspect and should not be implemented to face an economic emergency in the country and then things

return back to Buisness as usual that lead to the crises in the first place.

The political aspect requires a parallel mind change that allows for sustainability in economics implementation, transparency, evaluation, and selection of the most qualified, not the loyal and hypocritical.

I repeat that the future of Egypt is based on pillars:

justice, human development, efficient management, and guaranteeing the rights of citizens in health, education, housing, public transportation, providing opportunities, and raising the capabilities of citizens to make better choices and benefit from them.