So From Where the Welfare will come ??

The minister of investment in the last couple of weeks spoke in the media about the wonderful brainchild of GM : The Privatization Voucher system

Again I apologize because it turned out that it won’t be a voucher system ,it will be a portfolio system !!

Yup Every Egyptian citizen above the age of 21 years old will receive a portfolio of certain Public companies shares in the stock market exchange !!

Now the average revenue or even profit the Egyptian citizen will get won’t be like what GM said from L.E 2000, GM is a dreamy just like his mom who does not think there is a sexual harassment problem !!

Anyhow back to the portfolio of welfare , what every Egyptian Citizen will get from this portfolio according to the minister of investment Mohi El-Din is L.E 500 !!

Well for sure if you distribute the shares on millions of citizens this is the average you will get by the end.

Still Shall I ask does it worth it ?? I mean those L.E 500 won’t bring welfare to the Egyptian Citizen now and in the coming period .

Also the sophisticated minister of investment kept speaking about the stock market and the portfolios.. etc

How many people in the Egyptian society do really understand the stock market system ??

I do not mean any offense but the farmers in the Nile Delta and in Upper Egypt do not understand it , the workers in the factories do not understand it . In fact most Egyptians do not understand the stock market and here I am not insulting my people because the minister kept saying that it was an insult to say that many Egyptian people did not understand the stock market !!

In fact the minister and all the NDP geniuses are insulting our people if they think we are fool enough to buy that talk.

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