Privatization in Post Revolution Egypt

B. Privatization after Egyptian revolution. Today's privatization of the Egyptian economy was influenced by the large revolution that began in January 2011, which ultimately led to the collapse of the Mubarak regime. Egypt's "AL Fleur" (remnant of regime) was believed to remain firmly in state enterprises before Mubarak's turnover, but the economy is struggling to meet the needs of the group still suffering. Social turmoil (Kinninmont, J.

After the revolution (2012-2016): The Egyptian economy was hit by a severe depression after the 2011 revolution and the government faced numerous challenges to restore growth, market and investor confidence. Egypt's foreign exchange reserves fell from $ 36 billion in December 2010 to $ 16.3 billion in January 2012. This is because the exchange rate against the dollar in Egyptian pound has risen. Due to concerns over social unrest and the ability of the country to achieve fiscal targets, rating agencies are trying to repeatedly lower credit ratings. In 2016, variable exchange rates in Egypt began implementing a regional economic reform plan, the International Monetary Fund made a $ 12 billion loan to restore macroeconomic stability and growth.

In the world. On February 11, Egyptian president Mubarak resigned from the president. Egyptian people finally won the game. The Internet played an important role in the Egyptian revolution. The first message was posted on Twitter and "I am Egyptian police day on January 25. Please let me go to the release plaza to express my thought." The Egyptian government closed the Internet, but stopped people did not. Western companies offer Twitter services by telephone. Perhaps the Communist Party of China