Egypt still calling on reaching binding legal agreement on GERD: Sisi - News Summed Up

Egypt still calling on reaching binding legal agreement on GERD: Sisi


Sisi said that Egypt suffers from ‘water poverty’ and still calling on reaching a binding legal agreement regarding the Grand Ethiopian Renaissance Dam [GERD]. In the ‘Development Partners’ Session earlier on Wednesday, Sisi said that Egypt took the lead in participating and cooperating with various world organizations. He noted to the economic reform program that was implemented in Egypt in 2016, saying that negotiations with IMF were ‘very serious and honest’. He added that ‘Egyptians were able to withstand the rigors of the economic reform program and never complained even when the pandemic surprised everyone’. “Because we complied with our agreement with the IMF regarding the economic reform program, the results were very positive”, Sisi saidThe president noted that the economic reform program was never easy to apply in Egypt, however “all hands were needed to overcome economic challenges”


Source: Egypt Today January 12, 2022 23:42 UTC



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