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NEWSLETTER - Canada Egypt Business Council

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CEBC<br />

Indepth<br />

In the renaissance project, Morsi lays down ten economic goals, among which is raising the<br />

GDP from 1.8% to 7%, multiplying the per capita income, decreasing inflation among other<br />

goals. The project then goes into detail regarding the accomplishment of the set goals. It<br />

discusses the role of the state in the economy being fighting corruption, laying economic<br />

policies (financial, monetary and commercial), achieving the optimum responsible usage<br />

of resources and handling the informal economy. Of the highlights in the program is Morsi’s<br />

proposal to develop necessary Islamic financial tools to fund developmental projects.<br />

Most candidates are somewhat centrist in their ideologies, with some ideas leaning further<br />

right or left. However, what is clear is that they are the product of an emerging democracy,<br />

taking the very first steps towards bettering its people’s lives. While a brief overview of<br />

the electoral programs of the race’s front-runners does not do them justice, we thought<br />

of portraying some of the essence of what they intend to offer the <strong>Egypt</strong>ian people if they<br />

come into power.<br />

Logic will get you from A to B. Imagination will<br />

take you everywhere. Albert Einstein.<br />

CEBC 40

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