24 Hrs
Source:
بوابة الفجر
_1777352244987_250242181.png&w=48&q=75){kind=small}
Politicians respond to Hosni Heikal's Suez Canal comments
The article discusses a proposal by businessman Hassan Heikal, an advisor to the Prime Minister, suggesting the use of a "grand barter plan" to settle Egypt's domestic public debt. The plan involves pawning national assets such as the Suez Canal and state-owned companies to the Central Bank, with the goal of zeroing out or significantly reducing the debt and alleviating its financial burden. This proposal was met with widespread rejection and criticism from politicians and media figures. They argued that pawning or selling the Suez Canal constitutes a betrayal of national sovereignty and the country's assets. They emphasized that the Suez Canal is a symbol of national security and should not be tampered with as part of debt management strategies. Critics described the proposal as a reflection of intellectual and economic failure and warned that it threatens Egypt’s national security. They demanded that the canal's position and ownership be preserved and not compromised. Opponents also pointed out that the debt could be repaid through the investment of the country’s resources, rather than through negotiations involving vital national assets.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)