Privatization of Input Supply Activities of the Principal Bank for Development and Agricultural Credit (PSDAC) Arab Republic of Egypt. Volume 1

摘要

Since the mid-1970's, Egypt has moved cautiously in allowing greater participation of the private sector in the national economy. Volume I of the report analyzes the proposed privatization of the input supply activities of Egypt's Principal Bank for Development and Agricultural Credit (PBDAC). It first describes the roles of the PBDAC and the private sector in the supply of agricultural inputs to farmers. This is followed by two chapters analyzing the implications of privatization for the PBDAC's organization, staffing, and finances. The report recommends a gradual privatization (over 6-8 years) to allow the private sector ample time to take over the PBDAC's monopoly and to lessen the adverse effects on the PBDAC's income. Volume II of the report consists of the following annexes: a fertilizer review; an economic analysis dealing with removal of subsidies and application of world prices on inputs and farm products; the sociological assessment of farmers' and private sector attitudes towards privatization of inputs; and detailed findings about PBDAC's finances.