The army leaders drew up a land reform programme and gave it to the prime minister (Neguib). On 9 September 1952, the agrarian reform law was passed.

Furthermore, the problem of landlessness was solved by means of land reclamation from the desert- More farmland was brought under use by way of irrigation using waters from the Nile pumped by the Aswan High Dam. This became one of the biggest achievements of the revolution.

The revolutionary government encouraged the establishment of state controlled co-operative movements.

The government also attempted to deal with the problem of poverty by way of enacting a law limiting the incomes of persons to a maximum of 5,000 pounds per year.

A highly progressive income tax structure was introduced in Egypt. This contrasted sharply with what obtained in Farouk regime in which the poor bore the burden of taxation,

Banks, insurance companies and leading trading companies, flour mills, transport firms and bakeries in Cairo were put under the state controlled i.e. nationalised.

To avoid Egypt's reliance on cotton alone, the new Egyptian government built the Aswan high dam to generate electricity for industries and for domestic use.

Industrialisation led to increased employment opportunities for the Egyptians. 25% of net profits from all businesses had to be given to the employees.

The Suez Canal, which until 1956, was under the British and French control, was nationalised.

Inefficient and corrupt government officials were retrenched and arrested. A special court was established to try corrupt officials. But corruption did not end - it persisted.