Consolidating public resources is an obvious step to help alleviate Egypt’s growing debt burden, but one that Sisi’s regime avoids at all costs.
Maged Mandour is a political analyst who is a regular contributor to the Arab Digest, Middle East Eye, and Open Democracy. His research interests include political violence, state repression, class formation, and capitalist development in the Arab world, as well as the international relations of the Middle East, with a special focus on Egypt. He has also made a number of media appearances as a commentator on Egyptian affairs. He is the author of an upcoming book entitled Egypt Under Sisi, to be published by I.B. Tauris. The book will examine the social and political developments in Egypt since the coup of 2013.
Consolidating public resources is an obvious step to help alleviate Egypt’s growing debt burden, but one that Sisi’s regime avoids at all costs.
Monetary policy is not enough to solve Egypt’s inflation crisis, and fundamental reform is needed.
A recently approved amendment regarding Suez Canal operations highlights the problems inherent to the Egyptian regime’s model of capitalism.