Egypt launches major initiatives to enhance business environment, propel private sector development: Finance Minister - News Summed Up

Egypt launches major initiatives to enhance business environment, propel private sector development: Finance Minister


Finance Minister Mohamed Maait has reaffirmed the government’s dedication to comprehensive economic reforms aimed at confronting both domestic and international obstacles. Maait underscored the government’s objective to fortify the economy, with a heightened focus on domestic manufacturing and export enhancement. Addressing a workshop hosted by the International Monetary Fund’s Middle East Regional Technical Assistance Centre (METAC), the Finance Minister acknowledged the government’s substantial progress in refining the business environment and invigorating private sector expansion to stimulate economic dynamics. The strategy is to bolster private investment inflows, implementing vigilant and forward-thinking fiscal strategies to allure both domestic and international investors. “We remain steadfast in our commitment to bolster financial governance to safeguard public finances from the adverse effects of ongoing global and regional turmoil,” Maait declared.


Source: Daily News Egypt June 09, 2024 14:44 UTC



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