Making Reform Happen
“Structural Priorities in Times of Crisis”
OECD - Paris
(November 26th 2010)
Dr. Ahmed M. Darwish
Minister of State for Administrative Development
Egypt
Overview
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Egypt Reform Issues
Impact of Financial Crisis on Economy
Egypt Reform Main Goals
Sample of Reform Steps
Did it Pay Back?
Challenges
Conclusion
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More investment
 more employment opportunities
 Prosperity for families
 more budget resources (taxes)
 more budget allocation for social safety nets
 Prosperity for families
Tools
Good Governance = Efficient Effective Public Administration
+ Active Alert Civil Society
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Sample of Egypt’s Reform Steps
 Investment Climate
 Infrastructure Modernization
 Restructuring of State Owned Enterprises
 Legislative and Regulatory
 Non-banking Financial Services Sector
 Public Administration
 Regulatory Framework for PPP
 Gender Equity
 Trade and Customs
 Constitutional
 Taxes
 Fiscal Consolidation
 Monetary and Exchange Rate Policy
 Transparency and Integrity
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Did it Pay Back?
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FDI
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GDP Growth
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Fiscal Deficit
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Debt
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Jobs
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Industry
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Exports
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Tourism
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FDI Inflows
USD billion
% of GDP
14
14
12
12
10
10
8.5
8.1
8
8
5.7
6
6
4.3
4.4
4
4
2
FDI inflows
FDI, % of GDP
0.9
2
0.5
0
0
2003
2004
2005
2006
2007
2008
2009
Fiscal Year
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% Change of Real GDP Growth
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Fiscal Deficit
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Total Debt
% GDP
100
90
80
70
60
50
40
30
20
10
Gross Foriegn Public Debt
Gross Domestic Public Debt
0
2001
2002
2003
2004
2005
2006
2007
2008
2009
Fiscal Year
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Unemployment Rate (%)
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Challenges
Population Growth
Fiscal Maneuvering
Social Safety Nets
Inflation
Food Pricing and Financial Crisis Timing
Work Force Profile and Labor Market Skills
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New School Enrollment (First Grade)
2.5
Millions
2
1.5
1
0.5
0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
…
2015
Fiscal Year
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Budget Composition (2010/2011)
Wages and Compensation
10%
8%
24%
Goods and Services (Op cost)
7%
Loan Payments
29%
Social Benefits
23%
Other Expenses
Investment / Non- Financial Assets
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Subsidies (2008/2009)
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Conclusion
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Local Solutions
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Role of International Organizations
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Good partnership
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Thank you …
http://www.ad.gov.eg
darwish@ad.gov.eg
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