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Arab Finance – The Minister of Finance concludes his participation in the annual meetings of the International Monetary Fund and the World Bank


The Minister of Finance concludes his participation in the annual meetings of the International Monetary Fund and the World Bank

Arab Finance: The Washington meetings witnessed expanded activity by the Minister of Finance; He participated in the official meetings of the G20, He held a number of bilateral meetings with his counterparts in some countries to discuss On strengthening economic and financial relations, in addition to attending ministerial meetings of countries in the Middle East and Africa with the Executive Director of the International Monetary Fund, as well as attending and speaking in a large number of meetings organized by major international investment banks, with the participation of hundreds of investors and representatives of all classification institutions and those interested in investment affairs. He conducted a number of meetings with think tanks, influence centers, and business community organizations in the United States of America, as well as speaking in many sessions and meetings.

The visit also included conducting interviews to discuss with representatives of a number of the most important international institutions, such as the International Monetary Fund, the World Bank, and African institutions, which provided the opportunity to explain the latest economic developments in Egypt and efforts to continue the stability and improvement of economic and financial conditions, present the Egyptian vision on various financial and economic issues, and explain the most important regional challenges. And global, and the most important reforms and measures taken, amid expectations of improved economic growth rates, targeting financial stability in the medium term with attention to the social dimension, positive and encouraging financial results achieved during the last period, efforts to raise the efficiency of public debt management, and targeting putting government debt on a downward path with an integrated strategy. .

Likewise, the structural and economic reforms carried out by the Egyptian government, in its serious endeavor to create a favorable and attractive business environment for local and foreign private sector investments, while reviewing the various and stimulating opportunities for investment, and the financial and economic targets during the next stage, and international investors have shown responsiveness to the presentation of financial and economic reform plans that Conducted by the Egyptian government.

The Minister also expressed Egypt's aspiration for positive and constructive consultations during the targeted visit of the IMF mission within the framework of the “fourth review” of the economic reform program scheduled during the coming period.

He stressed his aspiration for continued coordination and cooperation efforts with all international institutions during the coming period, to ensure the continuation of efforts to facilitate and improve the investment climate, the full implementation of the targeted tax facilities package during the current fiscal year, the completion of efforts to improve the business environment, and work to advance and enhance efforts and measures for social protection and human development. .

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