Party urges government to change its economic policy to stop United States dollar hike

Democratic Generation Party leader Nagui el Shahabi said the current government has to change its economic policy aiming at meeting Egyptians' needs by exporting goods.

In statements on Thursday, he u rged the government to receive loans from banks to solve the problem of rising US dollar price.

Egypt is facing great challenges concerning development and preserving its national economy, he added.

The government has to impose high custom duties on exports, fight all sorts of smuggling and monitor the markets and return to pricing policy to halt merchants' greed and achieve self-sufficiency, he further said.