Dr. Hossam Badrawi Official Website
Interview by Dr. Hossam Badrawi on the “Think Again” platform on February 26, 2024
Among the most prominent questions in the dialogue: What is Dr. Hossam Badrawi’s opinion about the deal that the government recently announced, and is this a solution to the economic crisis?
Dr. Hossam’s response was as follows:
There is no doubt that direct investment in the deal that was announced is more than excellent, but we must know that
Financing our hard currency needs through real estate deals (land and buildings) are short-term solutions. Its philosophy is to overcome the immediate crisis.
I do not diminish the achievement, but I build on it.
The challenge facing the Egyptian economy is a challenge in its structure, the manifestation of weak production, limited exports, and fluctuations in foreign currency sources (Suez Canal, decline in remittances from Egyptians abroad, tourism, energy exports).
We need a deep restructuring within the framework of a future vision and specific priorities.
I say this, and I am not an economic expert, but I monitor, use my mind, think, and compare. As for the details of the strategy that must be followed, they are the responsibility of the state’s economic experts, and it should not be a secret that no one knows, but it must be specific in time and cost, and have indicators for measurement and monitoring by Parliament, the media, and civil society. (Which is a challenge in itself).
This means that what we are proposing has a political aspect of the first degree and will not exist to confront an economic emergency that the country is going through after which things will return to the way they were, but it is a challenge that requires political solutions.
The political aspect requires a parallel change to allow for the emergence of sustainability in economic implementation, transparency, evaluation, and selection of the most competent, not the loyal and the hypocritical.
I repeat that Egypt’s future is based on the pillars of justice, human development, efficient administration, ensuring citizens’ rights to health, education, housing, and public transportation, providing opportunities, and raising citizens’ capabilities to make the best choices and obtain the benefits of that.
To view the entire interview…please click on the following link:
https://www.fakartany.net/…/%d9%81%d9%83%d8%b1-%d8%aa…/
Among the most prominent questions in the dialogue: What is Dr. Hossam Badrawi’s opinion about the deal that the government recently announced, and is this a solution to the economic crisis?
Dr. Hossam’s response was as follows:
There is no doubt that direct investment in the deal that was announced is more than excellent, but we must know that
Financing our hard currency needs through real estate deals (land and buildings) are short-term solutions. Its philosophy is to overcome the immediate crisis.
I do not diminish the achievement, but I build on it.
The challenge facing the Egyptian economy is a challenge in its structure, the manifestation of weak production, limited exports, and fluctuations in foreign currency sources (Suez Canal, decline in remittances from Egyptians abroad, tourism, energy exports).
We need a deep restructuring within the framework of a future vision and specific priorities.
I say this, and I am not an economic expert, but I monitor, use my mind, think, and compare. As for the details of the strategy that must be followed, they are the responsibility of the state’s economic experts, and it should not be a secret that no one knows, but it must be specific in time and cost, and have indicators for measurement and monitoring by Parliament, the media, and civil society. (Which is a challenge in itself).
This means that what we are proposing has a political aspect of the first degree and will not exist to confront an economic emergency that the country is going through after which things will return to the way they were, but it is a challenge that requires political solutions.
The political aspect requires a parallel change to allow for the emergence of sustainability in economic implementation, transparency, evaluation, and selection of the most competent, not the loyal and the hypocritical.
I repeat that Egypt’s future is based on the pillars of justice, human development, efficient administration, ensuring citizens’ rights to health, education, housing, and public transportation, providing opportunities, and raising citizens’ capabilities to make the best choices and obtain the benefits of that.
To view the entire interview…please click on the following link:
https://www.fakartany.net/…/%d9%81%d9%83%d8%b1-%d8%aa…/
