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Wednesday, July 17, 2013

An administration riddled with failings by Karim Raslan - The STAR

Morsi bungled badly: Egypt’s economy stagnated, the trading volume of its stock market fell in the first five months of 2013. Its budget deficit currently stands at about US$29.2bil while unemployment is at 12.5%.
OVERTHROWING a legitimately elected government is acoup d’etat – however you cut it. Being a democrat means taking the rough with the smooth.
The ouster of Egypt’s President Mohamed Morsi and the ongoing crackdown on the Muslim Brother-hood will only lead to greater tragedies.
Certainly, the secular liberals cheering on the sidelines will regret their initial glee at Morsi’s reversal as truth, public trust and law and order become the biggest casualties of the sequence of events unfolding in Cairo.
Those who feel that “political Islam” should be halted by whatever means, legal or illegal, are wrong.
Once you subscribe to the ballot box you cannot turn back.
Political expedience brings short-term and unsustainable “solutions” that will in turn lead to greater injustices.
Indeed the Algerian experience back in 1990 when the army denied a clear electoral mandate, imprisoning and slaughtering thousands is a stark warning of what could lie in store for Egypt.
At the same, many Islamist parties across the globe – the spiritual heirs to Egypt’s Ikhwanul Muslimin – will feel that democracy, (one-man, one-vote) is not meant for them even though they often have the raw “numbers” to win elections.
Instead they will become increasingly convinced that a shadowy network of Americans, Europeans, liberals, financiers and “global Jewish forces” will intervene to seize power.
In short, whatever they do, they’ll always be victims of a determined conspiracy to deny them their legitimate place in the world.
This will mean, in turn that they don’t need to address their own failings in terms of corruption, poor administration and hard-headed ex-clusiveness.
Morsi’s administration was riddled with failings.
Many had great hopes for him when he took office back in June, 2012.
It seemed as if he would be able to project a moderate face after decades of former President Hosni Mubarak’s authoritarian rule.
Unfortunately, this was not to be.
Morsi bungled and badly: Egypt’s economy stagnated, the trading volume of its stock market fell 31.2% in the first five months of 2013.
Its budget deficit currently stands at about US$29.2bil (RM91.8bil), while official figures rather conservatively put unemployment at 12.5%.
At the same time, Morsi alienated both secular and liberal communities.
Moderates and Coptic Christians were upset enough to boycott the drafting of the December 2012 Constitution – which was criticised for lacking sufficient safeguards for freedom of religion and the rights of women – due to the administration’s perceived lack of consultation.

2 comments:

Anonymous said...

Great write up except for the FACT that, NO ONE GOVERNMENT THAT I COULD RECALL (PLEASE ENLIGHTEN ME IF THERE IS ONE?), THAT TOOK OVER FROM A PREVIOUS ONE THAT WAS CORRUPTED TO THE CORE FOR MORE THAN 20 YEARS, WAS ABLE TO TURN AROUND THE COUNTRY, ECONOMY-WISE IN LESS THAN 1 YEAR!! Just look at Obama, after 2 terms (4 years + another 4), the US economy is NOT REALLY GREAT? E.g. unemployment and the deficits are as bad as before. The government were forced to BAIL OUT MANY BANKS during 2008-2010, which is unbecoming of a so-called free economy? Now we are chastising Morsi after a mere 1 year? Do you really believe the "smart-assed" US-educated liberals in Egypt can do it in 1 year? You must be joking! I think we have to be realistic & fair lah...

Dhahran Sea

Hilario said...

This is cool!