Podcast: A discussion with ex-Egyptian MP Mohamed Fouad on Egypt’s economic crisis

Egypt faces a deepening economic crisis. For the average the problem is rising inflation, for foreign observers, the problem is the army outsized rule in economy. Dr Mohamed Fouad, a previous MP in the Egyptian parliament and business management consultant, sees the main problem now is diagnosis of the main reason behind current crisis, is balance of payment deficit. He also highlighted how selling state-owned assets us a slow process and won’t attract fair valuation from buyers. We also discussed the impact of 2 prices of US dollar ( formal and informal), what are the solutions, including the pro & cons of the SuezCanal’s Future Cash Securitization.

Enjoy listening


About nervana111

Doctor, blogger and Commentator on Middle East issues. The only practising doctor who write in Middle Eastern politics in UK.
This entry was posted in Diary of Aak, Egypt, Podcasts and tagged , , . Bookmark the permalink.

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