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LONDON DAILY ARCHIVE

Egyptian Presidential Candidate Farid Zahran Presents Electoral Program

In a pivotal press conference, Farid Zahran, the Egyptian Presidential Election Candidate and President of the Egyptian Democratic Social Party, detailed his electoral program.

11 November 2023 · 06:12 UTC

The program prioritizes economic reforms, with a focus on limiting state ownership to key strategic sectors and boosting the private sector in non-strategic areas.

Zahran proposes a plan to manage Egypt’s debts, including rescheduling and negotiating with creditors, alongside strategies to reduce public debt and limit borrowing. He emphasizes the development of national projects across various sectors to enhance employment, self-sufficiency, and exports.

A key part of his agenda is the formation of a new government, digitization of government services, support for the Palestinian cause, and establishing a commission to combat discrimination. His economic strategy includes tackling inflation, reducing debt, and promoting investment, all while deepening industrialization.

Zahran’s program reflects his background as a democratic socialist and leader in Egypt's 1970s student movement, focusing on political and economic reform to improve living conditions in Egypt.