Egypt Between the Grip of International Institutions and the Requirements of Legitimate Sovereignty
News:
Asharq Bloomberg reported on its website on Friday, November 14, 2025, that the Director of the Communications Department at the International Monetary Fund, Julie Kozack, said in a press briefing that the overall economic performance in Egypt is "improving, as growth is strengthening and financial discipline is improving." She indicated that the country still faces weaknesses represented by the high level of debt, high financing needs, and the continued strong presence of the state in the economy.
Comment:
Egypt today lives in the midst of economic crises that are deepening year after year, while the authority insists on continuing on the same path that led the country to this decline: dependence on the International Monetary Fund and Western financial institutions, and acceptance of their conditions, programs, and policies that burden the people, deplete the state’s resources, and tighten the colonial grip on its political and economic decision for decades to come.
The recent statements by the Director of the Communications Department at the International Monetary Fund, Julie Kozack, clearly reveal the nature of the relationship between the Fund and the regime in Egypt. She talks about structural challenges, huge financing needs, high debts, and state dominance over the economy, but at the same time pushes for the same recipe: selling state assets, expanding the tax base, raising subsidies, pumping more money to pay off debt returns, and reducing the role of the state in favor of foreign companies and the private sector linked to international powers.
These are not advice or a reform vision, but rather colonial dictates that have become known in every country in the world that has been subjected to this fund, and ended up losing its sovereignty and falling into the trap of permanent indebtedness. The reality of Egypt today is clear evidence: dozens of loans, billions of dollars, selling assets, unprecedented tax expansion, and all of this has only produced more high prices, contraction, erosion of purchasing power, and flight of real investment.
The essence of the crisis is not a failure to manage the economy or a lack of resources; rather, it is the absence of true sovereignty, and the absence of the Islamic economic system that establishes the relationship between the ruler and the ruled, defines the role of the state, prevents usurious loans, and refuses subordination to Western institutions no matter the cost.
Usurious borrowing is absolutely forbidden, dependence on the colonizing infidel is a crime, and delegating foreign bodies to control the country's policies is a waste of the nation's authority. ﴿And Allah will never give the disbelievers a way [to prevail] over the believers﴾, this verse is a rule that prevents any form of dependence that enables the disbelieving forces to control the necks of Muslims and direct their economy and policies.
The IMF's programs are not aid, but rather tools of influence. Loans are not solutions, but rather political constraints that branch out into every detail of the state's decision. Whoever looks at the clauses of the agreements sees that they interfere in energy prices, taxes, public spending, budget priorities, investment laws, the structure of the public sector, and the size of the monetary reserve, and even impose on governments to hand over part of their monetary resources to the Fund directly or indirectly. In the balance of Sharia, this is giving authority to the disbeliever over the Muslim, which is forbidden, no matter how it is beautified with the terms of economic policies and structural reforms.
The most prominent thing that the Fund insists on is selling state assets: ports, strategic companies, energy sectors, and banks. This is not an investment, but rather a transfer of the nation's ownership to foreign companies, and then converting the proceeds of the sale to pay off endless debts. Thus, the country loses its permanent productive assets in exchange for giving the West new money that it re-collects through debts and usury.
The state's money is not the property of the ruler, but rather public property or state property that is managed according to specific provisions, and it is not permissible to sell it to foreigners, waive it, or convert it into tools in the hands of international companies. The duty regarding the nation's resources is that they be managed in a way that achieves the interests of the people, not the interests of the creditors.
International institutions always talk about the benefits of reforms, sustainable growth, and competitiveness, but the reality is that these programs are what triggered the successive crises: from the continuous rise in taxes and continuous high prices to the erosion of the currency with the decline in production and the flight of real investments, and then the rise in debt service until it seized most of the state’s revenues, while people pay the price for policies they did not choose and did not accept, and programs imposed on them without their consent, and loans that were not spent on their interests, but on covering a swollen deficit and previous debt interest.
The solution is not in more borrowing or in giving up the country's assets, but rather in completely severing dependence and building an economy based on the provisions of Islam, starting with prohibiting usury in all its forms and reorganizing ownership into public, state, and individual, without mixing or transferring the nation's ownership to foreigners. In addition to extracting natural resources for the benefit of the people and not for the benefit of foreign investors, abolishing unjust taxes and being content with what God has prescribed according to a controlled system, while directing public spending to the real welfare of the people, not to debt service, in conjunction with preventing the dominance of foreign companies over the sovereign and strategic sectors and completely cutting off their influence.
Submitting to the IMF and Western institutions is not just an economic mistake, but rather a waste of the nation's rights, and an entrenchment of the reality of dependence that hands over the country's capabilities to the colonizer, and burdens the people with policies that have nothing to do with justice.
The real duty is to liberate ourselves from this dependence and sever ties with the institutions that are drowning the country in debt, and build an independent economic system that stems from the nation's ideology and its provisions, restores people's rights, and puts their wealth in the service of their lives and their future, not in the service of creditors and foreigners.
Finally, O soldiers of Kinana: O people of strength and power, O people of weapons and glory, is there not a wise man among you?! Do you not see what is being done to the country and its people?! Do you not see how Egypt is being mortgaged to the usurious fund, its land and companies are being sold, and its nation is being burdened with taxes and hunger? You are at a crossroads today: either you remain guards of a regime that has neglected your religion and destroyed you and your country, or you rise up for God with a rise that He is pleased with, so you support Islam, establish the righteous Caliphate, and restore Egypt as the pearl of the nation's crown as it was. History will not have mercy on those who fail, and God will ask you on the Day of Resurrection about what He has enabled you to do, so be like Sa'd bin Mu'adh, Osama bin Zaid, and Saladin... men who do not fear the blame of anyone in God, and support your religion so that God may write victory and glory at your hands, and you will be the pride of the nation in this world, and the place of God's pleasure in the hereafter.
﴿[They are] those who, if We give them authority in the land, establish prayer and give zakah and enjoin what is right and forbid what is wrong. And to Allah belongs the outcome of [all] matters.﴾
Written for the Media Office of Hizb ut Tahrir Central
Mahmoud Al-Laithi
Member of the Media Office of Hizb ut Tahrir in the Wilayah of Egypt
