What Is the Near-Term Future (Next Five Years) of Egypt?
Nowadays, the world has become a witness of how one nation could change the current state of affairs and promote a revolution using information and communication technologies. Egypt is the country that has undergone considerable political changes during the last five years, and it is hard to predict what is waiting for it in the nearest five years for sure because the intentions and the actual abilities of the citizens could be hardly understood and analyzed. Still, the evaluation of the current financial reports (“Trading Economics: Egypt” par.1) and the observations of the current achievements that are defined as the means to survive (Banks par. 4) help to realize that Egypt may see the significant changes in the nearest future and become closer to its true goal that is to become a truly democratic country.
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There are many predictions that the current military activities, mass protests, and the change of the political forces can influence the development of the country considerably. It could become free in its intentions to develop international relations with several countries worldwide. A referendum could be organized based on a new constitution within the frames of which the idea to organize presidential or parliamentary elections could be held.
Besides, citizens want to believe that no religious manipulations could be observed in the country. People should not want to ask for each other religious preferences because there should be one common religion for all citizens in the country. The future parliament of Egypt could show how a fair representation of different social groups should be developed. Besides, it is expected that female rights could be widened that helped to decrease the unemployment rates from 12.77% (today) to 9.8% (in 2020) (“Trading Economics: Egypt” par.1).
At the same time, certain changes should be observed in the economic field of the country. Though some theorists and economists admit that Egypt remains to be a frustrating place where people’s desire to promote “inclusive growth and sustained investment is too often not followed-through at an operational level” (Banks par. 9). Therefore, many foreign investors are afraid to develop relations with the country, and Egypt tries to use its sources to achieve success.
At the same time, Egypt is the country that demands electricity a lot, and this country remains to be the best example “to show Africa the way to generate electricity from solar power” (Al-Aees par. 5). Therefore, in five or more years, Egypt may become the country that uses solar energy and exports the same possibilities to other countries. Such innovation should help the country to attract the attention of other developed countries and make agreements. Besides, such innovation should increase the necessity of a high education among the citizens. Therefore, it is possible that the educational system could be improved considerably in terms of the development of specialists in different engineering, construction, and managerial fields.
In general, the forecasts for Egypt to the next five years are rather positive. The current political and economic changes should inspire the country to take the steps and stabilize the situation in the country, unite the citizens using the same religious beliefs, and introduce Egypt as a powerful and meaningful country with several opportunities not only in the sphere of tourism but many other fields.
Al-Aees, Shaimaa. “Egypt to Export Solar Powered Energy by 2020: REC Senior VP. Daily News Egypt. 2015. Web.
Banks, Richard, M. “20 Years from Now – The Future of Foreign Investment in Egypt.” Daily News Egypt. 2015. Web.
Trading Economics: Egypt: Economic Forecasts. 2016. Web.