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Egypt's economy controlled by Torah prisoners, experts say
Published in Youm7 on 20 - 09 - 2011

Economic experts said Egypt's economy is still controlled by the figures of the former regime in Torah Prison. They added Egypt's economy was based on a corrupt system for decades. The experts believe the current state of insecurity was planned by figures of the former regime to frustrate the ambitions of Egyptians and the objectives of the Egyptian January 25 Revolution.
The former head of Egypt's Stock Market authority, Mahmoud Fahmy, said officials should review the policies of privatization adopted by the former regime, especially since it led to many violations against Egyptians. He demanded the amendment of the laws of Egypt's Central Bank and the stock market during a seminar held in the Egyptian Assembly for the Political Economy. He raised the need to create a national project for Egypt's economy, with focus on developing Sinai.
Egypt's economic expert Ibrahim Mansour said Egypt's economy cannot be rebuilt in the current state of insecurity. Meanwhile, the security institution should change its trend and protect the people instead of protecting the ruling regime. “How can activate Egypt's tourism without restoring its security?” Mansour asked.
A professor of the agricultural economy, Ashraf Gamal, raised the necessity of increasing investments in the agricultural sector, calling for support to farms and dealing with agriculture as top priority.
Journalist Osama Gheith said Egypt adopted the brutal capitalist system from abroad so Egypt's sources are all seized by a small group of the people for 30 years. This lead to the spread of poverty across Egypt at 70 percent.
Gheith added Egypt's economy is controlled by figures of the former regime, who are imprisoned in Torah prison. He criticized Egypt's current government including Prime Minister Essam Sharaf, the Minister of Finance, Hazem al-Biblawy and the Minister of Social Integration, Goda Abdel Khalek.


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