An accelerated rate of privatization is projected for 1997. Things are getting better. Still, there are several problems that need to be remedied over long periods of time. Overpopulation is one such problem. It stands interconnected with several other subsidiary problems such as education and health.
Exports constitute a minimal portion of the bulk of Egyptian economy.
It is unacceptable that Egypt should rely on a single staple commodity for its exports. In the past it was cotton. Today, it s petroleum. Over the financial year 1995-96, Egyptian exports have decreased by 7.3 per cent. Imports, on the other hand, have increased by 8 per cent.