Wednesday, July 20, 2011

Ministry of investments to be dissolved, privatization to end, says deputy PM



By Hossam El-Hamalawy

"The newly appointed deputy prime minister, Ali el-Selmy, has announced today “an end to the privatization program, and the dissolution of the ministry of investments.He also promised to work on returning the privatized companies back to the public sector in a “civilized manner.”

This is a historic day. Such statements wouldn’t have been uttered if there wasn’t such strong opposition to the neoliberal policies of the former regime and if it wasn’t for the strike actions in the privatized firms.

Let’s keep up the pressure…"

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