Employment, Budget Priorities and Microenterprises

Abstract:
Despite concurrent opinions about Egypt’s employment problems, practical remedies are in short supply. The purpose of this essay is to reflect on current conditions in Egypt’s labor market and to examine a number of existing opportunities to exploit in favor of a new and innovative path for growth and development.
This paper outlines seven accepted propositions in the diagnosis of Egypt’s employment dilemma, as well as seven challenging opportunities. It also gives evidence on the prospects and potential of the micro and small enterprise (MSE) sector, while proposing a package of government policies and revisions in budget allocation that can alleviate the unemployment problem and meet the aspirations of the working populace.