Latest in Tag: government Highlight

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Latest in Tag: government


EGP 942bn investments in government’s development plan for FY 2018/19

The government’s economic and social development plan for fiscal year (FY) 2018/19 includes total investments of EGP 942bn. The new plan marks a 46% increase compared to FY 2017/18. The plan was revealed by Prime Minister Sherif Ismail during a cabinet meeting on Thursday. Ismail explained that it is the largest investment plan in Egyptian …

Mohamed Samir

The government’s economy and the people’s economy

It is now clear, as time goes by, that we are talking to, criticising, and offering solutions to an unworthy government that unfortunately treats us the way an Egyptian employee deals with Egyptians. Of course, I do not have to explain to you how Egyptian employees function in Egypt. This shows how the government is …

Abdallah Al-Moghazy

Was the government ready for the flotation’s consequences?

Squeezed by economic and political turmoil following the 25 January Revolution that toppled former president Hosni Mubarak, Egyptians are now facing a new era of hardship and austerity. The government’s adopted economic reform programme, backed by the International Monetary Fund (IMF), included the flotation of the Egyptian pound, subsidy cuts, high interest rates, and the …

Mohamed Samir

Ideas on how Egypt could liberate its traffic congestion

Aimlessly cruising with a private vehicle in a country like Egypt should not be a personal decision, where citizens lose hours in commuting, which leads to increasing pollution and consuming significant amounts of partially subsidised fuel. The chronic problem of Egypt’s traffic congestion constitutes of drivers’ misbehaviour accompanied by no real penalties, using a large …

Mohammed Nosseir

Government policies increase poverty, future for the poor seems bleak: expert

Poverty in Egypt will increase throughout the year, as the government did not use the incoming foreign currency to create jobs, according to Aliaa Mamdouh, a former economist at CI Capital Investment Bank. The current economic and social conditions in Egypt are projected to increase the poverty rate in the coming years. The government appears …

Hisham Salah