Economy of Madbouly – OZ Arab Media

I do not believe the sincerity of Prime Minister Mostafa Madbouly’s statements, especially when he says that he sympathizes with the poor and that the state bears the burden of rising prices.

For example, has he decided to increase wages every three months at the same rate as the rise in energy and fuel prices?

And he said, for example, the state has built many more energy projects than before, so now there are more than enough of them.

So, have Egyptians benefited from this increase in energy and electricity production to such an extent that citizens can experience increased production and decreased prices like in Jordan, Israel and other neighboring countries?

Using Israel as an example, they are reducing gasoline prices starting Tuesday, October 22: Note that this is a country at war. This is the war economy that Madbouly spoke about: we are not at war and will not be at war, but we are influenced by countries that are at war.

Save people from quarterly price increases.

The financial burden continues to weigh heavily on citizens, although the government has announced that it will not increase fuel prices for the next six months.

President Abdel Fattah el-Sisi did the right thing by asking the government to reconsider the International Monetary Fund program with Egypt in light of ongoing regional and global events, as the state does not want to put further pressure on the people.

I don’t know where Madbouly got the idea of ​​a war economy where we’re not at war and applying these increases to everything. The strange thing is that during the war we did not raise prices and did not use war economics.

The leadership maintained social peace and fought the price mafia to provide citizens with goods at low prices.

What did Madbouly do to go down in history as a prime minister who managed to protect the country and maintain social peace and the home front?

I think he needs to make a big effort to implement economic reforms that the Egyptians can endorse.

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