Arab Finance: Dr. Mostafa Madbouly, Prime Minister, held a meeting to develop a vision for the comprehensive system for small and microcredit, according to statement cabinet.
At the beginning of the meeting, the Prime Minister stressed the importance of developing a vision for a comprehensive system for small and microcredit, especially in light of the existence of successful international experiences, such as the Bangladesh experience, which in turn contributed to achieving a development boom praised by international institutions.
In the same context, Dr. Mostafa Madbouly noted Egyptian experiences and expertise in this regard, stressing the importance of coordination at the level of the concerned authorities. To develop a successful system that contributes to reducing poverty rates and achieving development goals.
At the conclusion of the meeting, the Prime Minister reiterated the importance of coordination between the concerned authorities in light of Egypt’s successful infrastructure to implement an integrated system within the framework of a new initiative adopted by the state. He directed the Minister of Social Solidarity to coordinate between these parties. To develop a proposal for an integrated system that represents a new initiative for the state.
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