Qandil Meets Ministerial Group on Economic Issues

The ministerial economic group held a meeting headed by Prime Minister Hisham Qandil to discuss an expected visit by the International Monetary Fund (IMF) to Egypt in light of the recent positive talks with the Fund. The Ministers of International Cooperation and Planning, Petroleum, Electricity and Energy and Finance attended the meeting.

The meeting took up preparatory measures taken to support the Egyptian economy's recovery and maintain stability to energize productivity, the cabinet Spokesman said. They also discussed a number of investment projects that will be provided in partnership with the private sector, the spokesman added.

The meeting evaluated the procedures pursued by the government since August for luring more foreign investments and removing the obstacles facing the companies as well as the re-operation of suspended projects.