Ikhwanweb :: The Muslim Brotherhood Official English Website

Thu93 2020

Last update18:06 PM GMT

Back to Homepage
Font Size : 12 point 14 point 16 point 18 point
:: Arab Revolutions > EGYPT
Freedom and Justice’s Mohamed Gouda: Egypt Will Overcome Economic Crisis
Freedom and Justice’s Mohamed Gouda: Egypt Will Overcome Economic Crisis
Having lost the constitutional referendum battle they viciously waged in Egypt for weeks, old regime-affiliated media have turned their attention to a new campaign – terrorizing Egyptians of impending economic doom and gloom: a perfect tabloid hoax.
Tuesday, December 25,2012 10:50

Dr. Mohamed Gouda, spokesman for the Freedom and Justice Party (FJP)’s Economic Committee, refuted rumors being persistently reported in print and broadcast media about the poor economic situation in Egypt, pointing out that there is a difference between explaining the economic situation and spreading panic.

In a press statement, Gouda affirmed that the economy was suffering a lot of problems since the era of ousted Mubarak regime, which plundered the country’s wealth for so long.

"Economic problems can be solved. There is nothing impossible about them. But security and political stability are essential to help the economy and implement the reform plan.

"Egyptian opposition parties’ political performance is very weak. They effectively turned political competition into political conflict and strife, which had a clearly negative impact on the economy. There is absolutely no doubt that downgrading Egypt’s credit rating was a direct result of the political turmoil the opposition caused.

"The economy will recover. Egypt is capable of getting out of this crisis. Many countries overcame worse crises, and are now strong economies."

tags: Freedom and Justice Party / FJP / Revolution / Media / Mubarak / Economy / Mohamed Gouda / Economic Committee
Posted in EGYPT , FJP News  
Related Articles
Economy Expert: Qatari Grant Speeds Recovery of National Economy
Dr. Morsi Assures IMF of His Party’s Resolve to Boost Egyptian Economy, Growth, Development
Hassan Malik Organizes International Conference to Support Egypt's Economy Through Business
Al-Garf: New Constitution and Economy Top FJP Legislative Agenda
FJP MPs Draw up Features of National Economy Rejuvenation
In Meeting with FJP Chair, British Ambassador Says UK Willing to Support Egypt's Economy
Islamists Vow Support for Egypt Economy
FJP's 2011 Program: Security, Economy, and Corruption as Urgent Issues
FJP Calls for Supporting Egypt's Economy
Japanese Ambassador Discusses Economy and Bilateral Relations With FJP Chairman
Tourism and Economy Top FJP, Japanese Chamber of Commerce Talks
FJP Chairman Meets With EU Delegation, Expresses Confidence in Egypt's Economy
Gaza Feature: You Can’t Develop An Economy Based On Tunnels
Thousands Protest Over Economy in Jordan
American poll finds Arabs believe economy deteriorating
Can Migrants Save the Global Economy?
Egypt’s Political Economy
Bush Presses Congress on Economy
Crackdown on MB Businesses Will Hurt Economy, Experts Warn
Al Ghazali: Freezing Businessmen Assets Disastrous to Egyptian Economy