Egypt entering eye of economic reform storm, but the only way is forward -TIMEP
“The issues Egypt faces are not, as some observers claim, outcomes of its uprising in 2011, but rather symptoms of the longstanding problems and challenges that caused it and have remained unaddressed,” The Tahrir Institute for Middle East Policy’s (TIMEP) report on Egypt in the six years after the revolution, “A Fragile Egypt in a Changing World,” says. The report “examines all aspects of governance in Egypt: political engagement, rule of law, rights and freedoms, minority rights, gender equality, security, and economic stability to explain how it arrived at its current state and provides recommendations for how to move toward fulfillment of the revolution’s aspirations in the current political context.” The report’s section on the economy notes that “Egypt is now entering the eye of its reform storm, and the only way out is forward. The government’s reform plan shows no sign of abatement, and it cannot. As the government seeks to obtain the rest of the IMF loan, it will have to push ahead with reforms. While this is good news for local and international investors, and perhaps for the country in the long run, it will also entail additional hardship for the economically vulnerable.” The landing page for the report is here.