Sisi Laid Down Ambitious Vision for Placing Egyptian Economy on Right TrackSource: www.export-egypt.com 8/5/2018, Location: Africa |
|
|
|
|
 Investment and International Cooperation Minister Sahar Nasr said President Abdel Fattah El Sisi has laid down an ambitious vision for a comprehensive socio-economic reform program to build a powerful state and place the Egyptian economy on the right track.
She made the remarks during the annual meetings of the African Caucus for the World Bank (WB) and the International Monetary Fund (IMF) which kicked off on Sunday August 5,2018 in the Red Sea resort of Sharm El Sheikh under the patronage of Prime Minister Moustafa Madbouli. She said international institutions, including the WB and the IMF, have lauded the constitutional, institutional and structural mechanisms for improving the investment atmosphere and business environment in Egypt. The government seeks to realize national goals and at the same time is giving top priority for the development in Africa, she said, stressing commitment to the African Union's agenda for achieving the 2063 global development goals. She said Egypt is furthering cooperation with fellow African countries under certain programs for economic integration. She added that the meetings offer an opportunity for forging a unified vision for promoting cooperation among African states, the World Bank and the IMF. Egypt - as the head of the African group at the WB and the IMF - urges international financing institutions to play a larger role in supporting economic development in Africa, she said. She added that the meetings should support national programs and projects as well as economic and trade cooperation. She called for focusing on power linkage projects as well as new and renewable energy resources in order to magnify the harnessing of natural resources for sustainable development. She also invited the attendees to partake in the Africa 2018 conference due to be held under the patronage of the president in Sharm el Sheikh to promote investment as well as women's role at the economic level. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
