{"id":647432,"date":"2017-05-10T03:52:57","date_gmt":"2017-05-10T03:52:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/"},"modified":"2017-05-10T03:52:57","modified_gmt":"2017-05-10T03:52:57","slug":"bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/","title":{"rendered":"Bahaa El Din is worried about disjointed economic policy making, lack of transparency"},"content":{"rendered":"

Former Deputy Prime Minister Ziad Bahaa El Din is worried about disjointed <\/strong>economic policy making and what he claims is a lack of transparency about the new Investment Act.<\/strong> He says in his weekly Al Shorouk<\/a> column that he has four reservations on the new investment act. The new law brings back tax incentives that open doors for corruption and distorts the market, he says. It also complicates the land and permit allocations processes. Bahaa El Din also says it changes the nature of GAFI from an independent investment promotion body to an investment ministry-affiliated supervisory body. He adds that the law also comes at a time when the strategic vision for the country\u2019s economic policy remains unclear. Most importantly, Bahaa El Din writes, is that the process lacked transparency and the reservations a few ministries had on it shows that not all members of the government are in agreement over the policymaking process. He is worried that this would impact the harmony of economic decision making.<\/p>\n","protected":false},"excerpt":{"rendered":"

Former Deputy Prime Minister Ziad Bahaa El Din is worried about disjointed economic policy making and what he claims is a lack of transparency about the new Investment Act. He says in his weekly Al Shorouk column that he has four reservations on the new investment act. The new law brings back tax incentives that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9411],"tags":[72,9410],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647432","post","type-post","status-publish","format-standard","hentry","category-on-deadline","tag-enterpriseam","tag-on-deadline","wpautop","entry"],"acf":{"mongo_id":"4fbc4ea8-6ef2-4982-9e98-b8f1d2fcc6fe","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647405],"teaser":"","voice_url":""},"yoast_head":"\nBahaa El Din is worried about disjointed economic policy making, lack of transparency - 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\/2017\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bahaa El Din is worried about disjointed economic policy making, lack of transparency\" \/>\n<meta property=\"og:description\" content=\"Former Deputy Prime Minister Ziad Bahaa El Din is worried about disjointed economic policy making and what he claims is a lack of transparency about the new Investment Act. 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He does not believe the government was prepared to respond to the economic and social ramifications of the EGP float, although he sees it as\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621755,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/civil-society-members-should-actively-engage-in-national-dialogue-over-ngo-act\/","url_meta":{"origin":647432,"position":3},"title":"Civil society members should actively engage in national dialogue over NGO Act","author":"enterpriseam admin","date":"18 November 2018","format":false,"excerpt":"To effectively reform the contentious NGOs Act, the prevailing conception of NGOs as a thorn in authorities\u2019 side must be done away with, Ziad Bahaa El Din writes for Al Shorouk. 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