As news erupt on the major arrest by the Egyptian law enforcement (ordered by the judicial authority and the general prosecutor in Egypt) arresting a highly-ranked state official having millions of Egyptian pounds, US dollars, and Euros held as bribes, the president of Egypt has called today all the government institutions to work “harder and faster” to combat corruption and pave the road to development. President El-Sisi stressed on the importance of holding any state official accountable for all their actions, even if it is himself as the president of Egypt. “Everybody, including myself, should be held accountable in front of the law”, El-Sisi said today to the media while opening major projects in the city of Port Said north of Egypt (at the tip of the Suez Canal). The president’s statement and the actions taken on the ground by the law enforcement show the strong will of the political leadership of Egypt in eradicating all sorts of corruption in the country towards full economic development.

The president of Egypt has also thanked all Egyptians for withstanding some of the short-term negative effects of the current economic reforms taking place in the country in order to pave the way for a better future of development and economical stability. President El-Sisi promised that the measures taken by the government will provide good returns within a period of 6 months. It is clear that such reforms taken by the Egyptian government are important and were essential since many years ago, but they were never taken up until the democratic era of Egypt starting in 2011-2014 changed everything. The currently democratically elected political leadership is seeking to put the Egyptian economy within the top investment-attracting economies in the world within a very short period.

Source: Al-Ahram article 1, Al-Ahram article 2, Al-Ahram article 3