Egyptian Economist Calls for Policy and Personnel Changes in Cabinet Reshuffle

11:08 PM Friday, January 19, 2024

Prime Minister’s meeting

Books – Hassan Morsi:
Dr. Ziad Bahaa El-Din, an economist and former deputy prime minister, commented on the cabinet reshuffle, saying: “Certainly a change in policies is required, accompanied by a change in people,” stressing that new procedures and policies must be followed to revive the economy again.

Bahaa El-Din added, during his meeting with the journalist Hamdi Rizk, on the “Nazra” program, on “Sada El Balad” satellite channel, on Friday evening, that controlling the markets opens the door and provides more opportunities for traders while controlling prices. To protect against monopoly, especially since forced pricing leads to the disappearance of the commodity from the market.

He explained that the Minister of Supply needs support and support. Because he is the best person to assume the ministry in Egypt, commenting: He is responsible for the worst and most difficult ministerial file, and the minister is held accountable for things that include a number of apparent shortcomings due to the lack of transparency in prices, in addition to the fact that he was the one who introduced the idea of ​​solidarity and dignity when he was Minister of Social Solidarity.

He pointed out that the private sector in Egypt operates in accordance with all legal rules, commenting: The private investment climate for manufacturers must be changed, and golden licenses do not establish an investment climate, because a good investment climate requires fair competition, in addition to exiting while controlling the competitive climate and fixed laws.

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2024-01-19 21:08:00
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