Prime Minister Mostafa Madbouly has emphasized the ongoing collaboration with the Minister of Investments and Foreign Trade to unveil a fresh set of incentives aimed at spurring both new and existing investors to channel increased capital into diverse sectors.
Speaking at the Cabinet meeting, Madbouly underscored that these initiatives are poised to leverage promising investment prospects in Egypt, fostering economic growth and amplifying Egyptian exports.
Moreover, he highlighted the active engagement with the Minister of Finance to finalize the recently announced tax relief measures and delineate the implementation strategies. Madbouly also disclosed that comprehensive government work programs are in the works across ministries, slated for submission to Parliament.
Emphasizing the pivotal role of the industrial sector, the Prime Minister reiterated the steadfast commitment to bolstering and nurturing its development.
Noteworthy is his recent tour of pharmaceutical facilities in the 6th of October City, where he reaffirmed the dedication to advancing the Egyptian pharmaceutical industry to cater to local demands and curtail import expenditures.
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