Ahmed Rostom, Minister of Planning and Economic Development and Chair of the National Investment Bank (NIB), chaired a meeting of the Bank’s Board of Directors to review progress on its ongoing restructuring, aimed at strengthening its role as the government’s development and investment arm. The board also reviewed progress in digitally integrating databases between the Ministry of Planning and Economic Development, the Ministry of Finance, and NIB to support more effective decision-making. Rostom stressed that restructuring the Bank remains a top state priority, with the aim of transforming it into a fully institutionalised tool that supports the execution of development projects. This is closely tied to strengthening public investment governance through clear project prioritisation, rigorous monitoring, and impact evaluation. The board reviewed the future restructuring roadmap for NIB, including its role in implementing public investment governance reforms and delivering projects in line with national priorities.

Source: Daily News Egypt April 06, 2026 20:02 UTC