In the ‘Egyptian family Iftar’: Sisi reactivates ‘Presidential Pardon Committee’, launches political dialogue

CAIRO - 26 April 2022: Egypt’s President Abdel Fattah al Sisi greeted all Egyptians Christians and Muslims on blessed holidays during the Egyptian family iftar.

As part of the annual event, which is presented by representatives of all segments of the Egyption society Sisi shed light on the challenges Egypt has faced since 2011. “During the past years we faced great challenges; however, our successes were greater” Sisi said.

He added that the country ran out of foreign exchange reserves in a difficult period, and no president was able to overcome that crisis.

Sisi said that without the Arab 'brotherly' countries’ support in 2013 and the following years, Egypt would not have succeeded to overcome its challenge. “The Arab country’s support helped us to preserve the Egyptian state” Sisi said.

The president praised El Ekhteyar 3 TV series and said that it represented the ‘reality at the time’.

 

During the Iftar that was attendant by prominent political, religious, figures along with number of officials and members of the government, President Sisi welcomed the sheikhs [elders] of Sinai. He thanked them for their cooperation with the state and said that the government aim at achieving real development in Sinai.

Sisi also praised Egyptians for enduring the consequences of implementing the economic reform program along with the ‘Egyption woman’ stances.

 

 “The Egyptian citizen bore the consequences of implementing an ambitious and important economic reforming program in parallel with the reconstruction and development of the country's infrastructure,” Sisi said. He added that the Egyption women never hesitated to take actions for the country’s favor.

Sisi announced several decisions during his speech at the Egyption family Iftar including directing the government to hold a press conference to announce its plan to deal with the currant global economic crisis.

Sisi directed the government to enhance all aspects of support provided to wheat farmers in Egypt by increasing the incentives provided to them, whether material or in services, in order to achieve an increase in wheat self-sufficiency.

 

He noted that the next period will witness huge support for the private sector to play its role in developing the economy, as he [president Sisi] will make sure to provide everything necessary towards achieving this.

Sisi directed the government to announce a program for private sector participation in state-owned assets with a target of $10 billion annually for a period of 4 years

 Sisi directed the government to start offering shares from state-owned companies on EGX.

 President Sisi also directed to complete paying off the private debts to number of debtors.

 

 Sisi reactivated the ‘Presidential Pardon Committee’ which was formed as one of the outcomes of the National Youth conference, as it will expand its cooperation with the competent agencies and civil society.

During his speech, Sisi expressed his happiness at the release of new batches of Egyptians during the past days, and stresses that the country accommodates everyone.

 Sisi announced launching an initiative to support national industries and relying on local products by strengthening the role of the private sector in expanding the industrial base of large and medium industries

 

 Sisi assigned the ministries, institutions to continue the work of the exhibitions that contributed to the provision of basic commodities to citizens in all governorates

 The President directed to continue providing all basic commodities to citizens at subsidized prices until the end of the year.

 Sisi directed the National Youth Conference management, in coordination with all political parties and youth currents, to conduct a political dialogue on the priorities of national actions during the current stage.

 

President Sisi directed the government to announce a plan to reduce public debt, along with preparing an integrated vision for the improvement of the Egyptian Stock Exchange.

 Sisi directed the government to list companies owned by the armed forces on EGX before the end of the year.

In his speech Sisi said that due to the unstable conditions Egypt has witnessed since 2011, the armed forces spent LE1 billion per month for 84 months to confront terrorism.

“Egypt has lost 3277 martyrs during our battle confronting terrorism,” Sisi said during the Egyption family Iftar, Tuesday.

Former Presidential candidate and politician Hamdeen Sabahi, along with number of prominent opposition political figures were seen among the attended in the ‘Egyptian family’ Iftar annual event that was announced by President Abdel Fatah al-Sisi since 2017 to gather representatives of all segments of society.