He explained that talking about the government’s commitment to increasing the participation of the private sector in the Egyptian economy is not within the prerogative of the CBE. He explained that there is a dedicated programme to attract the private sector investment. It will ensure not only the offering of 32 companies for private investments with a total of $40bn, but that private sector investments will significantly exceed this target. The CBE governor explained that, as an Egyptian citizen, he believes that the Egyptian private sector has always enjoyed strength, as the state supports it and encourages it to expand continuously. Abdalla said that Africa enjoys the highest return on investment in the world for the private sector.
