Thursday, September 1, 2011

Egyptian economy is freed after the revolution of Jan. 25

Egyptian economy is freed after the revolution of Jan. 25

According to Alalam.ir Website : They noted that the national economy is relatively free of the monopoly with being able to stop the drain of about eight billion dollars and a half a billion annually due to corruption, according to the World BankThe experts disagree on the fact that the Egyptian economy suffered greatly during the Mubarak regime with the arrival of the budget such as falling to the stage of collapse with a high level of disability and provide a picture is a real growth rates did not exceed in the best case the threshold of five percent, about half of what is declared officiallyAnd more what happened to the Egyptian economy (by experts) as well as corruption and the cost high for development, which will bear the bill for future generations, deteriorating conditions of the manufacturing industries and the declining role of the private sector, which constitutes about 60% of the GDP, and the achievement of significant losses accompanied by wasting of natural resources like gas, which sold at prices reduced to the Israeli entityExperts believe that despite the disruption of the wheel of production and industry after the revolution, but that the Egyptian economy managed to resistance, the government managed to increase the salary to 200%, and install more than two million workers in the state apparatus and the public sector, and economy managed to bridge the needs of food, energy saving, import basic materials without causing a crisis in the Internal MarketAnd the belief of experts has to get rid of the Mubarak regime to eliminate virtually monopolize the market, which was the direct cause of the expulsion of hundreds of foreign investors, as did the Ezz monopoly steel market by more than 60% amid renewed calls to speed up the legislation equitable economic help to attract investment to the Egypt ...
Original Text At Alalam.ir

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