14 November 2012

Egypt: Morsi Instructs Gov't to Draw Up Timetable for Reform Plan

President Mohamed Morsi instructed on Tuesday 13/11/2012 the government under Prime Minister Hisham Qandil to work on five axes, which complement the government policy statement. This came during Qandil's statement before the president.

Presidential Spokesman Yasser Ali said the President instructed the government to draw up a clear cut timetable as regards the government plan until the year 2014.

Ali stressed that Morsi asked the government to set legislative priorities on national security, safeguarding the Revolution, recovering smuggled funds, eliminating trespassing on the State land, putting an end to lawlessness, and prohibiting attacks on public and private freedoms.

The President also asked the government to set guarantees for securing success of the plan and explaining it to the people, stressing the importance of developing Sinai, providing a sum of one billion pounds needed for its development.

Moreover, the Prime Minister presented the government's economic plan during a meeting that was held at the Presidential palace.

The plan consists of three phases; a short term plan from 2012 to 2014 for social prosperity, a medium term plan from 2012 to 2017 for strengthening the economic structure and a long term plan from 2017 to 2022 for advancing the country.

Qandil said the plan aims at making Egypt a democratic, civil country, a regional pioneer and an influential international player.

The government adopts an economic and social philosophy that differs from what was common before the Revolution, Qandil added.

When preparing the plan, the government took into consideration the nature and circumstances of the current situation in Egypt and the available chances and potentials, he underlined.

The PM said the new subsidy system aims at helping the poor to get out of the poverty cycle, meeting their needs, securing subsidy for the targeted categories and protecting the middle class and poor families. This will be done through redressing the bread distribution system, eliminating price distortions, amending the system of distributing butane gas, raising price of gas for the energy intensive industries and distributing gasoline and solar through the smart card system, he noted.

Qandil referred to a full dressed plan for developing Sinai through financial appropriations, which will be included in the budget of 2012/2013 and settling more than 1.5 million citizens there.

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