Egypt needs to inspire confidence
Published on Jun 11, 2014 6:45 AM
Egypt needs competent management and less partisanship to spark recovery, after the tumultuous leadership changes of the past three years. This is obvious in the 13 per cent unemployment and a lack of private capital to finance development. The tourist trade so vital as a job multiplier is in ruins.
But in inauguration remarks calling for an end to political divisions, President Abdel Fattah al-Sisi made no concession to Islamic opponents, a clear reference to the Muslim Brotherhood which until recently had run the country.
Coming on top of the return of military dominance after an experiment with democracy was stopped dead in its tracks, Egypt could be in for more uncertainty.
The Brotherhood, a well organised socio-political entity but now banned, retains wide influence among the people despite the army's bid to finish it off. Many of its leaders have been eliminated or put to flight. This is hardly national reconciliation as is commonly understood by the Egyptian people, many of whom are of a liberal, secular bent.
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