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Beltone Financial discusses political development with presidential advisor Hegazy

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Hegazy also affirmed the government’s focus on the economic path and its target of taking “large leaps” on the economic front.

Beltone Financial held a conference call with presidential advisor for political affairs Mostafa Hegazy, the company said in a statement on Wednesday, wherein Hegazy discussed the government’s progress in the post-June 30 roadmap to create a stable climate for investors.

During the call, Hegazy discussed the work accomplished by the 10-member committee tasked with proposing amendments to the now suspended constitution, which will then be reviewed by another 50-seat committee to be formed from all political spectrums.

He also discussed measures taken by the government and the army to restore security following recent unrest, saying that the gradual subsiding of unrest will encourage the government to further postpone the daily curfew to 11pm from the 9pm, before completely lifting it, along with the month-long state of emergency.

“When the emergency state is lifted, there will be security measures undertaken by the government to make sure armed militias are removed from Egyptian society, as was done during the 1980s and 1990s. How long this will take and how strict the security measures will be are for security forces to determine,” the statement said, quoting Hegazy.

Hegazy also affirmed the government’s focus on the economic path and its target of taking “large leaps” on the economic front. “The security situation is improving to a point where the government can really start having a strong developmental impact on the economic front,” the statement said.


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