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The economic situation of the Egyptian economy: The economic situation of the Egyptian economy:

We can notice that the Egyptian economy is suffering from the problem of stagflation, which is represented as follows:

  1. low of the spare production capacity.
  2. High rate of unemployment.
  3. Low rate of GDP growth.
  4. high rates of inflation with the devaluation of the pound.

How to improve the situation of the Egyptian economy:

  1. Support the Egyptian product.
  2. Encouraging banks to create major projects with labor intensive and make part of its capital for public subscription.
  3. It is necessary for the banking system to review the unjustified high financing costs, In order to reduce the high cost of production of goods and services.
  4. Improving the investment environment to attract businessmen and investors and motivating the employers in the private sector.
  5. Increasing the budget resources of the state through review of the structure of public expenditures.
  6. The need to intensify the efforts of the Social Development Fund to encourage more small and medium enterprises which are the primary nerve of the Egyptian economy.

Challenges face the Egyptian product and methods to support it:

  1. Focusing on aspects of the competition.
  2. Searching for sources of power then marketing it well.
  3. Not relying on any international companies in marketing.
  4. The internal marketing of the product has to face the invasion of foreign commodity by increasing the purchasing power of individuals.
  5. Facing the phenomenon of indiscriminate trade that harms the Egyptian product.
  6. Providing the correct data and information for investors, traders and businessmen.
  7. organizing the import process by providing accurate information on the actual needs of the local market and do not allow the importation of goods that have a local instance of the quality.

Investment in Egypt:

Investment laws and the Egyptian environment provide many opportunities to all investors, and the most important fields are:

  1. Agriculture.
  2. Tourism.
  3. Industry.
  4. Trade.
  5. Transport (air, land & marine).
  6. Construction (The development of new urban communities).