Have you ever thought about the rumors we hear every day about the Egyptian economy? Do you think who is saying this? Why do I take it out? Is the economic situation in Egypt really as difficult as it is said, or is there another story?
Almost every day we hear rumors…the pound will fall…investments will flee, and Egypt will go bankrupt!
Big words…and the more people talk, the story gets bigger. The problem is that the rumor grows faster than the truth. But let us think a little.. Why do these rumors target Egypt specifically? Why doesn’t the story end? Who benefits from this?
Do you think this is all a coincidence? Isn’t it possible that someone is behind her?
Look, sir.. Rumors that affect the economy are the most dangerous types of rumours, why?
Because it affects people’s confidence… confidence, which is the foundation of any economy in the world… When this confidence is shaken, people hesitate about any decision… the investor hesitates before putting in his money. The citizen stops any big step, such as buying a house or a car, and whoever spreads these rumors is playing on… Fear…and it feeds stress
Can someone ask and say… Do we understand that they are targeting Egypt?
Egypt is a country that has great weight in the region.. and its stability affects its Arab and African surroundings as well. However, its economy represents a great strength and it increases with the huge infrastructure projects that we are working on… the new Suez Canal, the administrative capital, the industrial cities, the giant network of roads and bridges that connect all the governorates… all of this is a message to me that Egypt has a vision for the future, and this is of course. Not many people like it
Do you think who could benefit from this?
Unfortunately, there are parties that do not like to see Egypt as strong, because power gives you independence in decision-making, and whoever is self-reliant has greater freedom. If Egypt succeeds in building a strong and stable economy, it will have more regional influence and a more heard voice. And there are countries in the region that are not happy with it. This scenario, and they are trying through the media and social networking sites to create a dark picture of the situation
Imagine this when you say that the Egyptian economy is about to collapse.. Well, whoever sees or hears these words will be afraid, the investor will not come, and the foreigner who is thinking of visiting Egypt as a tourist will hesitate.. Even the ordinary citizen who intended to invest his money in a small project may stop.. This The trick remains
Well, aside from the rumors and those spreading them, what is the reality of the economic situation in Egypt?
“The truth is that the Egyptian economy is proceeding with a fixed plan… Challenges exist like any economy, but the economy has actually achieved numbers and positives. The growth rate in the domestic product, the rise in exports, and the reforms in energy and agriculture, all of this happened. Even the Corona crisis and the global economic crises, Egypt knows how to deal with it.” With her
The bottom line is, don’t believe everything you hear.. Rumors aim to undermine confidence, but the truth is out there.. Take any neutral economic report, and you will find that the situation is not as bad as they are trying to portray it. Egypt is on the path to real development, and the road is long, but what we are sure of is that these rumors will not stop a country that has a dream and is achieving it.
Finally, when you hear a rumour, think twice. Ask yourself: Who is behind this? Why?”
