International Financial Institutions Praises Egypt's Economic Reforms

  • Cairo, Arab Republic of Egypt
  • 6 August 2018
1

The international financial institutions praised the commitment of the Egyptian authorities to implement the reform programs agreed with the international community, in addition to the measures taken to enhance and strengthen the economy, stressing that the most difficult phase is over already.
These praising words were during the opening of the annual meetings of the "African Union of the World Bank and the International Monetary Fund" was held in Sharm el-Sheikh, attended by 40 countries from within and outside the African continent to support the continent's issues before international financial institutions and forums.
The World Bank and the International Monetary Fund (IMF) highlighted Egypt's economic reforms and measures taken to improve the investment and business environment and remove obstacles to the private sector during a session to attract private sector investments during the annual meetings of the African Union to encourage private sector investment.
Source: (Al-Hayat Newspaper, Edited)

Get an annual subscription in the quarterly Arab Economic bulletin

SUBSCRIBE NOW