الأحد، 22 مارس 2015

After the elation, the real challenge

“We have a great responsibility towards Egypt. It is a great thing to have a visionary leader and strong-willed people. The nation, the leader and the people must join hands to build our country.” ...

 

 These were the words of Prime Minister Ibrahim Mahlab at the closing ceremony of the Egypt Economic Development Conference (EEDC) which was held on 13-15 March in the Red Sea resort of Sharm al-Sheikh to draw direly needed investment and aid to Egypt.

 

 The country’s economy took a nosedive in the wake of the Arab Spring uprising in January 2011 and the subsequent Islamist rise to power.

 

 On 30 June 2013 a 33-million-strong peaceful revolution by the Egyptian public was supported by the army, led by the then Supreme Commander General Abdel-Fattah al-Sisi and, on 3 July 2013 the Islamist Muslim Brotherhood regime was overthrown.

Egypt embarked on political and economic reform through a Roadmap jointly charted on 3 July 2013 by representatives of all the sectors of the Egyptian community and the military.

 Now the country has a new Constitution, the moderate secular Sisi was elected President by a landslide, and parliamentary elections are upcoming.

And, as clearly revealed by the EEDC, Egypt is bent on getting its economy up and running .. more informatian | wataninet