11/11/2006
Al-Ahram Newspaper 2006/NOVEMBER /11
Various governmental officials discuss the implantations of privatization, whilst there almost is a consensus about the direct effect of such policies on the issue of people sensing a return on investments. ( Available in Arabic – German in PDF )
Discussions into the direct effect of privatization policies on the issue of people sensing a return on investments are underway between various governmental officials. Many countries have adopted privatization in recognition that governments and states are management entities and not investors. Dr Riad outlines the theories that the world deals with in the field of privatization, summarized as follows: the stipulation that the immediate finalization of privatization has an advantage restraining continuous sequential losses for each year of program delay; consideration into the importance of the continuity of strategic industries; the theory behind the possibilities of future successes of any company offered in the privatization program is decided on the purchase of date and conditions of sales; the application of privatization requires a vast number of years in addition to the availability of redeemable state financing. Furthermore, it is requested that a new state policy be adopted, aimed primarily at encouraging Egyptians to take part in the privatization program. In addition, privatization has been proven to be a great asset to successful general policies acknowledged by the public as a positive return on the standard of living and prosperity.