The Rebirth of Egypt
Dear Omar,
Thank you for your insight. We have been closely monitoring the evolution of Egypt on the ground lately. I firmly believe that the magnitude of reforms cannot be handled by one party only. it’s much above the capability of the military and the private sector and the public sector and even the foreign investors. As a enabling measure, the Government of Egypt needs to accelerate its reform plan and to move ahead with the implementation of its reform plans it announced later this year.
There are a multitude of risks and handling them requires a substantial different approach than the preceding governments of Egypt that yielded little to the bottom of the Economic Pyramid. Generally, we emphasize that there are alot of issues that need to addressed and is urgently needed to overcome the existing shortcomings in the economic priorities and historic socio-political deficiencies.
Thank you. Merit, Mark , Terence.