“Egypt is going through a phase of rapid growth and transformation. Effective public-private partnerships present a tremendous opportunity to drive sustainable and diversified economic development in the country. “We will continue to draw on the right partners to solve real problems with products and solutions that further support Egypt’s continued economic growth,” Miebach added. Mastercard has worked closely with the Egyptian government to reduce cash use, and leverage the latest payment innovations for more inclusive economic growth. Moreover, Mastercard and the Ministry of Finance customised a Government Payroll Programme to empower 6 million government employees throughout the country.

Source: Daily News Egypt October 27, 2018 20:37 UTC