The state must end its monopoly on Egypt’s economy to make way for private sector investment

The state must end its monopoly on Egypt’s economy, which will only grow if it clears the way for the private sector to invest more than the state, Mohamed Mekky writes for Al Shorouk. Despite reassurances from various officials that the government is committed to supporting the private sector, investment is nowhere near the levels it needs to reach. This either means that investors are still skittish because of the country’s political situation or they just don’t find it possible to compete with state institutions, Mekky says.