Investment Minister Urges WB, IMF to Increase Support for AfricaSource: www.export-egypt.com 10/19/2019, Location: Africa |
|
|
|
|
|
Minister of Investment and International Cooperation Sahar Nasr 18/10/2019 called on the World Bank (WB) and International Monetary Fund (IMF) to increase their support for achieving regional integration and boosting inter-trade in African states.
Nasr added that President Abdel Fattah El Sisi, the current chairman of the African Union, gives a top priority for bringing about economic integration in Africa, which represents a key pillar of completing and supporting the objectives of national plans. She made the remarks while delivering Egypt's speech at the G24 ministerial meeting in Washington, in the presence of IMF Managing Director Kristalina Georgiev. The Minister went on to say that President Sisi greatly contributed to inking the African Continental Free Trade Area (AfCFTA) agreement, with a view to strengthening trade among Africa states, as well as mobilizing private investments, cutting unemployment rates and creating a more competitive business environment. Separately, the investment minister said the Egyptian government implemented a comprehensive economic and social reform program to attain sustainable development, reduce poverty and secure new job opportunities. For her part, the IMF managing director said the fund will work over the coming period on finding a lasting solution to trade and market turmoil, continuing structural reforms for all economies and promoting female participation in the labor market. Also, Georgiev called for fostering international cooperation to overcome all challenges facing the world economy, including combating money laundering, digital financial technology, climate change and governance reforms. |
|
|
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 | |
