Economic meetings were at the top of the list of activities on President Abdel Fattah Al-Sisi’s first day in Washington. He met with the president of the World Bank, Jim Yong Kim, and executive directors of the General Electric (GE) conglomerate. Al-Sisi said that the country’s national economic reform programme resulted in an increase in foreign exchange reserves and in more Egyptian exports, along with the rationalisation of imports. Kim mentioned that he believes Egypt will continue to implement the economic reform programme, stressing that the World Bank, through its various institutions, hopes to help Egypt realise the economic growth to which it aspires. He praised the economic reform measures taken by Egypt and its contribution to enhancing the business environment and improving the outlook of the Egyptian economy.

Source: Daily News Egypt April 03, 2017 14:26 UTC