{"id":579083,"date":"2023-01-24T03:55:51","date_gmt":"2023-01-24T03:55:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/pundits-parse-el-sisis-police-day-speech-on-the-economy\/"},"modified":"2023-01-24T03:55:51","modified_gmt":"2023-01-24T03:55:51","slug":"pundits-parse-el-sisis-police-day-speech-on-the-economy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/pundits-parse-el-sisis-police-day-speech-on-the-economy\/","title":{"rendered":"Pundits parse El Sisi\u2019s Police Day speech on the economy"},"content":{"rendered":"

<\/a> The state of the economy \u2014 and what got us here \u2014 once again got <\/strong>top billing on the airwaves last night<\/strong>, as the talking heads parsed a speech by President Abdel Fattah El Sisi yesterday during an event to mark Police Day.<\/p>\n

El Sisi defends infrastructure spending: <\/strong>El Sisi cast as \u201cmisleading\u201d claims that spending on national development projects was to blame for the economic challenges Egypt has recently seen, saying that investment to develop transport and energy infrastructure and assets including the Suez Canal are a key priority and will bring greater returns. Kelma Akheera had coverage (watch, runtime: 4:32<\/a>).<\/p>\n

And reminds us that Egypt isn\u2019t the only country suffering: <\/strong>El Sisi reiterated that the pandemic and the war in Ukraine spelled economic crisis for countries around the world and not just Egypt, note Masaa DMC (watch, runtime, 3:03<\/a>) and Al Hayah Al Youm (watch, runtime: 5:37<\/a>.) His administration was tasked with \u201cbearing most of the impact and not passing on the burdens to citizens, especially low-income earners and vulnerable groups,\u201d he added.<\/p>\n

UPDATE<\/strong>- A new scheme allowing everyone to buy subsidized bread has not yet gone into effect<\/strong>, Abdallah Ghorab, head of the bakery division at the Egyptian Federation of Chambers of Commerce told El Hekaya\u2019s Amr Adeeb (watch, runtime: 6:47<\/a>.) Supply Minister Ali El Moselhy had been quoted as saying the scheme would go into effect last Wednesday<\/a>.<\/p>\n

What\u2019s the hold-up? <\/strong>The bread scheme could launch next week once the Supply Ministry settles on the price per loaf, Ghorab said, adding that he expected it would be around EGP 0.75-0.80. Assistant Supply Minister Ibrahim Ashmawy last week said the bread would sell at EGP 0.90 per loaf for slightly higher<\/a>.<\/p>\n

AND- Decreasing our dependence on the greenback: <\/strong>Less than 10% of our total external trade needs to be conducted using the USD, Ahmed Sheiha, a member of the exporters division at the Egyptian Federation of Chambers of Commerce (FEDCOC), told Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime: 3:23<\/a>.) Sheiha welcomed the Bank of Russia<\/a>\u2019s recent move to allow the EGP as a currency of trade, saying we should strike up similar agreements with other countries.<\/p>\n","protected":false},"excerpt":{"rendered":"

The state of the economy \u2014 and what got us here \u2014 once again got top billing on the airwaves last night, as the talking heads parsed a speech by President Abdel Fattah El Sisi yesterday during an event to mark Police Day. El Sisi defends infrastructure spending: El Sisi cast as \u201cmisleading\u201d claims that […]<\/p>\n","protected":false},"author":1,"featured_media":579084,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[104,8420,72,106,98,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-economy","tag-el-sisi","tag-enterpriseam","tag-last-nights-talk-shows","tag-subsidies","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"80205bb8-a383-49b5-b273-e74a7cdb3fcd","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/414.jpg","photo_position":"above","related_issue":[579068],"teaser":"","voice_url":""},"yoast_head":"\nPundits parse El Sisi\u2019s Police Day speech on the economy - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/pundits-parse-el-sisis-police-day-speech-on-the-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pundits parse El Sisi\u2019s Police Day speech on the economy\" \/>\n<meta property=\"og:description\" content=\"The state of the economy \u2014 and what got us here \u2014 once again got top billing on the airwaves last night, as the talking heads parsed a speech by President Abdel Fattah El Sisi yesterday during an event to mark Police Day. 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El Sisi emphasized the importance\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1158.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649426,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/el-sisi-highlights-military-readiness-in-latest-speech\/","url_meta":{"origin":579083,"position":1},"title":"El Sisi highlights military readiness in latest speech","author":"enterpriseam admin","date":"9 October 2024","format":false,"excerpt":"One topic dominated last night\u2019s talk shows: President Abdel Fattah El Sisi attended and gave a speech at the war inspection lineup of the sixth armored division in the Second Field Army in Ismailia yesterday and the nation\u2019s talking heads took note. (Tap or click the headline above to read\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/656.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584528,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/02\/last-nights-talk-shows-el-sisi-marks-6-october-victory\/","url_meta":{"origin":579083,"position":2},"title":"Last Night\u2019s Talk Shows: El Sisi marks 6 October victory","author":"enterpriseam admin","date":"2 April 2023","format":false,"excerpt":"El Sisi reassured Egyptians amid economic turmoil","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/33.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":657152,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/el-sisi-meets-with-armed-forces-police-media-officials\/","url_meta":{"origin":579083,"position":3},"title":"El Sisi meets with armed forces, police, media officials","author":"enterpriseam admin","date":"16 December 2024","format":false,"excerpt":"El Sisi affirmed that Egypt is closely monitoring the regional and international developments","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1417.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546092,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/27\/last-nights-talk-shows-el-sisi-pledges-to-boost-private-sector-participation\/","url_meta":{"origin":579083,"position":4},"title":"Last Night\u2019s Talk Shows: El Sisi pledges to boost private-sector participation","author":"enterpriseam admin","date":"27 April 2022","format":false,"excerpt":"President Abdel Fattah El Sisi\u2019s speech at the \u201cEgyptian family iftar\u201d dominated the airwaves last night. El Sisi used the speech (watch, runtime: 1:00:25) to signpost a few key priorities for the country looking forward, including plans to boost the role of the private sector in state-owned enterprises. We have\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603702,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/20\/talk-shows-cover-el-sisis-military-academy-speech-presidential-pardons\/","url_meta":{"origin":579083,"position":5},"title":"Talk shows cover El Sisi\u2019s military academy speech, presidential pardons","author":"enterpriseam admin","date":"20 August 2023","format":false,"excerpt":"El Sisi pardons 30 prisoners","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/893.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=579083"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579083\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/579068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/579084"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=579083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=579083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=579083"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=579083"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=579083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}