Egyptian Popular Current Calls For Int’l Economic Conference

Hamdeen Sabahy, the former presidential candidate and the founder of Egyptian Popular Current movement, said he will call for an international conference aiming to support the national economy and to reach solutions and economic visions within the next period.

During an interview with a local talk show, Sabahy noted that the West’s success expertise will not contribute to upgrade Egypt’s economy as it could increase the gab between the rich and the poor in the country. “All we need is achieving our own development that ensures social justice.”

The former presidential candidate has also attacked the Muslim Brotherhood’s economic program saying it encourages monopolism and commercial capitalism, a substitute for the ousted regime’s capitalism.
The current regime has preferred to reconcile with the former regime figures instead of uniting with the country’s revolutionary forces, Sabahy added.