PM asserts importance of improving investment climate

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Wed, 17 Oct 2018 - 01:36 GMT

BY

Wed, 17 Oct 2018 - 01:36 GMT

Egypt's Prime Minister and Minister of Housing and Development Mostafa Madbouli - Press Photo

Egypt's Prime Minister and Minister of Housing and Development Mostafa Madbouli - Press Photo

CAIRO - 17 October 2018: Prime Minister Mostafa Madbouli on Wednesday underlined the importance of continuing efforts for improving the investment climate in Egypt.

At a Cabinet weekly session, he added that the State is keen on providing all incentives to investors for increasing investments into the Egyptian market.

This would lead to increasing economic growth rates, he added.

Meanwhile, Minster of Finance Mohamed Maait said that recent meetings of the World Bank and International Monetary Fund confirmed that Egypt became one of four countries that achieved successful economic reforms.

He also made reference that IMF chief Christine Lagarde has lauded recent economic achievements in Egypt.

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