United Arab Emirates

Egypt’s Finance Minister sets priorities of reform for the next phase

Egyptian Finance Minister Mohamed Maait announced on Sunday that the priorities of economic reform in the Egyptian government during the next phase are based on protecting macroeconomic stability and supporting the growth path by creating more jobs. These priorities include lowering inflation to single digits, implementing a medium-term debt strategy, a medium-term revenue strategy, and deepening structural reforms to boost private sector-led growth, he added. Speaking at a meeting of the G20 Finance Ministers and Central Bank Governors in Washington DC, Maait said that there is a new stimulus package to boost exports, which will provide a strong base for exporting high quality domestic products. Reform priorities incl ...