Although Egypt is not a financially rich country, it is very rich with skilled labor, great minds, and fascinating culture. I am very optimistic about Egypt’s future. With the right government, Egypt should not be less than India in the computer technical support field or China in manufacturing. The labor cost is very cheap in Egypt and the workmanship is great. I think the government should do a better job in bringing foreign investments to Egypt.
In my opinion, Egypt should remove all subsidies on food items, gas, and services. Allowing the free market to dictate prices will significantly improve the financial status of the country and will relief the government from a huge burden and will allow it to focus on growing. If Egypt continues to subsidize everything, first, it will never be able to keep up with the increase in population, and the services such as education and Medicare will continue to decline… Second, it will never have enough money to improve the infrastructure and build revenue generating projects… To be continued.
In my opinion, Egypt should remove all subsidies on food items, gas, and services. Allowing the free market to dictate prices will significantly improve the financial status of the country and will relief the government from a huge burden and will allow it to focus on growing. If Egypt continues to subsidize everything, first, it will never be able to keep up with the increase in population, and the services such as education and Medicare will continue to decline… Second, it will never have enough money to improve the infrastructure and build revenue generating projects… To be continued.
No comments:
Post a Comment