The association has previously participated in the economic conference and presented all of its recommendations.
Bureaucracy hinders export sector, says Egyptian Businessmen Association President - Press Photo
The Egyptian Businessmen Association, headed by Engineer Ali Eissa, has prepared numerous recommendations and discussions in various economic sectors to be presented to experts and specialists in the national dialogue.
The recommendations primarily focus on the sectors that represent a priority for the Egyptian state, particularly investment and the productive sector, including agriculture and industry, as well as the export file, which all contribute to achieving positive growth rates for the Egyptian economy, especially in light of the difficult global economic conditions.
The association has previously participated in the economic conference and presented all of its recommendations. It possesses specialized working papers that have been presented to the Council of Ministers and many ministries in various quality committees, including the industry and agriculture committees.
Eissa pointed out that presenting political and social issues related to freedoms in the national dialogue is a "very promising" start that reflects the Egyptian state's keenness to present current problems and challenges freely and transparently, paving the way for economic experts, businessmen associations, and investors to address all economic challenges, particularly those related to creating a business climate that attracts local and direct foreign investment.
He mentioned that the most critical issues we demand in the societal dialogue are first, freedom of competition and fairness in the participation of the private sector in development, and second, presenting all the issues affecting the future of investment and economic growth with the utmost transparency and decisiveness, including bureaucracy in the state's administrative apparatus through strict legislation and regulations to protect the private sector and enhance its role in economic and social development.
Eissa stressed the danger of administrative bureaucracy on the economic file and Egypt's attractiveness to investors due to its direct role in spreading corruption and exacerbating economic crises.
He stated, "the export sector, in particular, suffers from problems and difficulties due to bureaucracy, especially as achieving economic reform is fundamentally linked to the agricultural and industrial productive sectors, as well as the export sector."
The Egyptian government has recently launched several initiatives and implemented policies aimed at boosting the country's economic growth, including improving the business climate, modernizing infrastructure, and reducing bureaucracy.
According to the World Bank's recent report, Egypt has made significant progress in advancing business regulations, which helped it jump 14 places in the "Ease of Doing Business" ranking to reach 114th place out of 190 economies worldwide.
