Following the ban on exports
Egypt is preparing citizens for a war economy in anticipation of regional chaos
The Egyptian Prime Minister Mostafa Madbouly stated that his country may be forced into a war economy if future developments deteriorate and a regional war breaks out in the region.
According to the London-based (Al-Arab) newspaper, Madbouly’s statement indicates that Egyptians are heading towards a new phase of austerity, as the government has called on citizens for some time to reduce spending before the signs of a regional war loomed on the horizon, and to attempt to coexist with the difficult circumstances that the country has been experiencing since the launch of the Economic Reform Program in agreement with the International Monetary Fund and the resulting lifting of support for many basic commodities as well as the subsequent rise in inflation.
Egyptian sources revealed -according to (Al-Arab) newspaper- that Mostafa Madbouly’s statement regarding the war economy is intended to pave the way for a stage in which the country may experience further severe economic difficulties, resulting from the repercussions of the tense regional situation.
The sources added that Egypt have experienced the war economy during previous wars it fought against Israel over numerous years, between (1967) and (1973), and was able to adapt to it with notable willingness to accept it.
The Egyptian government currently believes theres an urgent need to prepare citizens for the possibility of an abnormal phase that requires bearing huge costs. The problem being that the expected austerity came in the midst of a severe economic crisis that the country is going through, which in turn means that a segment of citizens bears additional burdens.
Within the context of war economy, countries usually take economic and living measures as well as standards that are consistent with the emergencies they are experiencing due to the war or being affected by the war, which often includes austerity policies to control spending.
The Commander of the Rapid Support Forces, 1st Lt. Gen. Mohamed Hamdan Daglo, had accused Egypt of directly participating in the war alongside the Sudanese Army, with military aircrafts in addition to supplying the Army with bombs and weapons, and stealing Sudan’s resources since (1956). The Rapid Support Forces followed these statements with the decision to ban Sudanese exports to Egypt from areas controlled by the Rapid Support Forces.