Egypt’s state-run newspapers recognize President Morsi’s achievements

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Nearly two months after the military coup that ousted Egypt’s elected President Mohammad Morsi, Egypt’s state-run newspapers are now recognizing Dr. Morsi and his government’s achievements. Al-Ahram newspaper published an economic report on Sunday that reveals Egypt had achieved a trade surplus for the first time in 50 years during the first half of 2013.

According to the report, Egypt had a trade surplus worth around 15 billion Egyptian pounds, with total exports rising to 90.5 billion pounds, while the volume of imports did not exceed 75 billion pounds.

Hatem Saleh, the former Minister of Trade and Industry, commented on the report, saying: “the trade surplus that amounts to 15 billion pounds is a true achievement for Hesham Qandil and Dr. Mohammad Morsi. This is the first achievement for Egyptian trade in 50 years.”

Saleh added on Facebook: “The achievement is a result of joint efforts of the Ministry of Commerce, the Central Bank and several other institutions amidst extremely difficult economic and political conditions. God has promised to reward those who work hard. The trade surplus is a natural result of the increase in Egyptian exports during the first six months of 2013 to 90.5 billion pounds while imports did not exceed the barrier of 75 billion pounds before the military coup on 3rd July.”

 

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Disclaimer: All material found on 4themuslims.com is for information purposes only. The maintainers do not necessarily share any of the views expressed on 4themuslims.com or on linked sites.

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