Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week    US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela    Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion    ETA begins receiving 2025 tax returns, announces expanded support measures    Port Said health facilities record 362,662 medical services throughout 2025    Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt    Nuclear shields and new recruits: France braces for a Europe without Washington    Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port    Gold prices in Egypt end 2025's final session lower    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    Egyptian pound edges lower against dollar in Wednesday's early trade    Oil to end 2025 with sharp losses    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt to cover private healthcare costs under universal insurance scheme, says PM at New Giza University Hospital opening    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Much expected of new President
Published in The Egyptian Gazette on 06 - 07 - 2012

Before winning the presidential elections in the run off held on June 16-17, President Mohammed Morsi pledged, within 100 days, to resolve five major problems facing the country.
These problems include improving the standard of subsidised bread; finding solutions to the problem of fuel and petrol subventions; eradicating crime and anarchy and restoring stability and security in the streets; beautifying the nation's streets and squares; and doing something about the chronic traffic jams in major cities.
“To overcome these problems, we must all work together, because most of these problems can be blamed on individuals' misbehaviour," says Mohssen Adel, an economic expert.
Dr Morsi was sworn into office on Saturday before the Supreme Constitutional Court in southern Cairo. He is the first freely elected president of Egypt and its first Islamist head of State.
The day before his swearing in, Dr Morsi addressed a huge crowd in Tahrir Square, the epicentre of the revolution that ousted his predecessor, Hosni Mubarak.
"I'm standing before you, Egyptian people, those who voted for me, those who opposed me," he said. "I am a president for all Egyptians, Muslims and Christians."
For Dr Morsi to succeed, he must show in the first 100 days in word and deed that he is the President of all Egyptians, appointing an all-inclusive cabinet and reaching out to world leaders.
All the Egyptian people pin huge hopes on Dr Morsi as the first civilian president, chosen democratically by the will of 52 per cent of the electorate who voted in the run-off.
They want him to solve not just the five above-mentioned issues, but also a lot of economic, political, social and scientific problems, blamed on the corruption of the last regime.
People hope he will be able to restore foreign direct investment (FDI) and refresh the tourism sector, as well as finding radical solutions to other problems preoccupying citizens.
Dr Hesham Ibrahim, an economics expert, says that the President's 100-day programme for achieving social progress and justice by solving the traffic, bread, garbage, fuel and security crises can indeed be successful if properly implemented.
"But the chronic economic problems, namely inflation, low economic growth and the budget deficit, will take longer to resolve. But we need to give the President sufficient time to do this.
“If stability and security come back to the Egyptian street, this will be a great start, making it easier to gradually fix everything else," he adds.
If security comes back, local and foreign investments are likely to come back too, pushing forwards the wheel of production and boosting exports and tourism, thereby creating new jobs for the unemployed and young graduates.
Ahmed Ghoneim, an economics professor at Cairo University, says that there must be clear and fair policies to encourage investment in Egypt, as foreign investors want a stable environment for their investments.
"People should give the new President a chance to fix things. We must stop the strikes and sit-ins for the sake of Egypt. We should put Egypt's interests above all our interests," he stresses.


Clic here to read the story from its source.