1 Day
Source:
المصري اليوم
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Deputy: State action less harmful than market reliance
The statements by Deputy Rida Abdel-Salam emphasize that government intervention in the economy, despite its cost, is the best option for developing countries suffering from weak administrative systems. Such intervention helps regulate the market, achieve efficiency, and provide services to citizens. He points out that poor administrative performance hinders service delivery and impacts the lives of citizens, and that reforming the administrative system is essential to facilitate economic procedures, such as issuing licenses. Additionally, he explains that improving management efficiency is necessary for implementing support programs like cash assistance, which requires market preparation and ensuring fair practices. He cites the experience of government bakeries, which contributed to enhancing the performance of private bakeries and regulating competition to protect consumer rights and ensure market quality.
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