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Cabinet Decree to Re-Form SFD

Source: www.export-egypt.com 3/5/2014, Location: Africa

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Prime Minister Ibrahim Mehleb issued a decree on 4/3/2014 to re-form the board of directors of the Social Development Fund (SFD).

Under the new form, the SFD includes as members the ministers of planning and international cooperation, trade, industry and investment; local development and administrative development; finance and social solidarity.

The membership also extends to Deputy Governor of the Central Bank Gamal Negm, Ahmed Abdel-Wahab from the private sector, Hatem Khater from the National Bank of Egypt, Naglaa el-Ahwany; economy professor and Ali Faramawy, Microsoft Vice President.

Also the prime minister appointed Hanna el-Helaly as the SFD acting secretary general.

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