Dr. Ali Abdel Aal, head of the House of Representatives said that the economic situation is very critical, and added during the plenary session, on Sunday: I mean every word I say and carefully documented information, and everyone is supposed to bear responsibility.
Is it the position of the parliament will be limited from the current crisis at the end recognize that the economic situation is critical, or whether it will put the solutions out of the crisis or the economy depends on the solutions presented by the ruling power? Where the economy is getting worse day for the other, and the Council of Representatives silent.
Dr. Zuhdi al-Shami, an economist: Parliament does not have any real imprint on the face of economic problems so far, or the government accountable for its mistakes, or even adhere to the provisions of the Constitution as decided by its rights and duties.
He said al-Shami's «alternative» that the main evidence of the ineffectiveness of parliament for the government had resorted to an agreement with the International Monetary Fund and get the first tranche of the loan without the approval of Parliament as provided for in Article 127 of the Constitution, and even the rumors in recent days about the government sent a loan agreement to parliament, it turns out that it is not true, and assured the President of the economic Committee that the government did not send anything.
He described the economic expert of what is happening within the Parliament that it is not only objection or resentment on the part of some members, without the ability to make real or withdraw confidence from the government's actions, and even reshuffle this seems a presidential jurisdiction and not parliament, a translation of the inability of the parliament and failing.
He pointed out that it does not expect any effective action can be issued for this parliament, while it continues the decline, and it seems that the authority is ready never to accommodate the situation and admit mistakes, dealing with the potential to break the impasse that has put us where solutions Examples include its response to the proposals Democratic Movement, which included proposals and alternatives to get out of the crisis rather than IMF conditions loan, was dealing with the proposal routine and formality, which has referred the letter to the Council of Ministers, which reported that he would study the matter, and that's all there, while continued ahead with his plans set in advance to deal with Fund with all its consequences and its negative effects on the economic situation.
The economic expert, Dr. Raed safety, has prepared a research paper in the middle of last year out of the economic crisis, made in economic reform between reality challenges and potential solution conference, stating that the national program to be followed depends on the reform of the public finances of the state and change the pattern of the economy He pointed to the existence of short-term resources; such as the collection of land sold Mubarak days rate differentials, and that will provide 50 billion pounds, and included special funds for the budget, and those in turn will provide 20 billion pounds, and the abolition of energy subsidies for companies intensive, and the abolition of support for exporters, which provides 15 billion fairy.
He stressed safety during his presentation of the solutions should be abolished under general precautions and expenses of advisers from the state budget, stressing that this procedure will provide 15 billion pounds, as well as the progressive tax application will save 10 billion pounds, and stop the import of certain consumer goods and rely on the local alternative such as refrigerators, televisions and cars ride, clothing, cotton textiles will save $ 3.5 billion, with spending pressure in half to one year, for import from the computers and electric motors, generators, devices and phones, cinematography, will provide $ 5 billion.
He explained that the second level, a medium and long-term actions; such as changing the economics of the consumer to the development and construction of a major manufacturing process 300 billion pounds made it to the development, which will provide eight billion pounds, representing half of what is being imported goods non-oil and non-agricultural, and monitor 40 billion pounds for the development of agriculture, in order to achieve self-sufficiency and provides about $ 5 billion represents the value of imported food and $ 5 billion in other represents the imported grain value, as well as attention to health, education and scientific research, and made a 70 billion pounds to develop, in order to achieve significant results lead to a solution the economic crisis.