CAIRO – 12 November 2024: The Ministry of Finance recently presented its strategic vision for establishing a retail bond market at the Annual Retail Bond Conference in a move to expand Egypt’s capital market and empower individual investors. Held in collaboration with the World Bank, the conference brought together global experts to discuss how retail bonds could be a transformative tool for financial inclusion and sustainable growth in Egypt.
The conference focused on Egypt’s plans to create a robust retail bond market, a step that aligns with the Ministry’s broader mission to develop the financial sector, broaden the investor base, and stimulate economic growth. By making bonds accessible to individual investors, the Ministry aims to provide secure and attractive investment opportunities while bolstering the country’s financial resilience.
Deputy Minister of Finance for Fiscal Policies, Yasser Sobhi, emphasized that retail bonds represent a strategic financial instrument capable of advancing Egypt’s economic sustainability goals. “Retail bonds offer individual investors a safe and appealing option for investment, helping to ease the government’s debt load while fostering the growth of capital markets,” he stated.
Sobhi highlighted that in an era where developing economies face challenges such as high debt and inflation, retail bonds could be a viable solution for enhancing financial flexibility. “We are committed to exploring innovative funding mechanisms that align with our national economic priorities and deliver tangible benefits to Egyptian citizens,” he added.
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