The Republic’s President, President Abdel-Fattah El-Sisi, stated that any economic solutions will be determined by an economic conference that will take into account the social factors that influence its passage.
During press conferences outside of the Egypt Economic Conference 2022, “Al-Sisi” said that it was obvious from the government’s offer regarding the Egyptian economy that it needs stringent and severe measures to redress the imbalances that happened over the preceding 50 years.
Al-Sisi continued, “This is what happened in 1977 when the support was refused to raise pennies and was forced The government in retreating from it, despite the fact that the decision would have had a positive impact on the economy, but for fear that the sway of political instability would result. This made the economic conditions delay and we did not achieve any economic progress.
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Al-Sisi: The past administrations didn’t take any audacious actions
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