Fuad calls for strategy ease challenges

MP Mohammad Fuad, a member of the House of Representatives, asked the Minister of Supply and Internal Trade, Dr. Sherif Ismail, the Prime Minister, and the Minister of Supply and Internal Trade, Dr. Ali Al-Meselhi, about the ongoing problems in smart ration cards in Giza Governorate.

He added, “Since the issuance of the decisions of the Minister of Supply, which relates to the formation of a committee specialized in the inventory of problems related to smart cards catering to the citizens of the province of Giza, has been achieved only a few of the results and rates and ratios to be achieved.”

He revealed that this has resulted in depriving citizens who have lost enough of these routine procedures by the companies contracting with the Ministry in order to accomplish these tasks directly from obtaining their right to smart ration cards.

He added, “This decision, if implemented in an integrated manner, will contribute to reducing the exploitation of traders to the consumer, and what happens in the manipulation of prices, and the sale of products more than the price according to each region, or the whim of each dealer.”

He stressed that He added, in an interview with " Al Maghrib Today", that the public debt reached to $ 2.7 trillion equaling 98 percent of Egypt's GDP, while the loan will reduce this percentage to 85 percent during the coming three years.

He added that the Egyptian economy is in one of its critical periods, stressing the need for taking serious steps to restore its rates of economic growth. He called the government for announcing its future plans to push forward the economic situation.

He signaled to the economic aids that the Gulf States provided to Egypt during the recent years, saying that these aids came to respond to Egypt's sacrifices for its Arab brothers. Regarding the IMF loan, He said that Egypt has a quota in the international institution so it has the right to take the loan, clarifying that the fund's job is to provide support for the member states if they needed.

He added that the fund praised Egypt's economic decision to liberate its currency; it was painful but necessary decision. He added that the fund said the decline in the pound value transcended what was expected but it is not realistic to assess the economic experience in only two or three months.

He called the Egyptian media to deliver the exchanged messages between the citizen and the government, stressing that the governmental official should deal transparently with the citizen during the coming period and reveal the coming measures through the media channels and newspapers.