Hossam el-Hamalawy
Resources on the NDP leading member, and Mubarak’s neoliberal minister for Industry and Foreign Trade, Rachid M. Rachid.
Rachid M. Rachid, Mubarak’s minister of trade had to withdraw from Davos and hurry back to Cairo. Rachid has been one of the engineers of our neoliberal reforms.
Come back to your country Monsieur, and watch it burn because of your policies that impoverished our people.
أنباء- غير مؤكدة – عن تولى رشيد رئاسة الوزراء
— Ahmed Ragab (@Ragab) August 18, 2010
There are ongoing rumors that Rachid M. Rachid, the minister of trade and industry, will replace Ahmad Nazif as the Prime Minister. There aren’t any official confirmations yet. Youm7 reports Mubarak has received today Rachid and the NDP’s old goon Safwat el-Sherif, without elaborating more on the visit.
Rachid, an entrepreneur-turned-politician, a neoliberal guru, member of the NDP Policies Secretariat, close aide to Gamal Mubarak, will by no means put halt to the neoliberal policies the regime has been pushing aggressively for two decades. His appointment, if it turns out to be true, will entail more social attacks. Faced with economic difficulties, more austerity measures are expected, and it’s the kind of job Rachid will be good at.