The cabinet, headed by Prime Minister Sherif Ismail, met with economic experts from different fields Tuesday to promote the economic reform programme. El-Saied noted that the programme focuses on increasing the numbers of beneficiary families from the social insurance’s cash support system to 1.7 million families within three years, instead of the current 900,000 families. Economic expert Medhat Nafea said that the monetary policy autonomy was also extensively tackled, and how the lack of transparency is negatively affecting the economic climate. The paper will be submitted to the prime minister soon, Nafea said. Minister of Finance Amr El-Garhy presented the economic reform programme—which was approved by International Monetary Fund—to the experts, according to economic expert Hani Tawfik.

Source: Daily News Egypt October 19, 2016 15:56 UTC