CAIRO – Member of Parliament and Chairman of the Board and Editor-in-Chief of al-Bawaba News, Abdelrahim Ali, said on Saturday that Egypt starts the implementation of one new project every day.
He added at a televised debate with some Western journalists that a staggering 290 new projects are being implemented in Sinai as we speak.
When President Abdel Fattah al-Sisi took over in mid-2014, electricity outages lasted 16 hours nationwide every day, Ali said at the debate which was broadcast on private TV al-Kahira Wal Nas.
Today, however, Egypt has plans to export electricity to other countries because it has enough of it.
He said decisions taken by President Sisi to restructure the economy today should have been taken more than 60 years ago.
He said the International Monetary Fund refused to offer a loan of $4 billion to the government of ousted Islamist president Mohamed Morsi, whereas it welcomed a request by Sisi’s government to borrow $12 billion.
This, Ali said, reflects the confidence this international financial organization has in this president and the work he does for his country.
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