IMF official lauds Egyptian economic reform measures

CAIRO - 13 February 2019: Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour on Wednesday lauded the Egyptian economic reform measures.

Azour is now visiting here with a mission of the IMF to get acquainted with the economic and social reform programs in Egypt.

He said that recent economic and legislative reform measures introduced by Egypt have made it a favorite destination for investments despite economic challenges facing the world economy.

At a meeting with Minister of Investment and International Cooperation Sahar Nasr, he added that the new investment law is one of the most important reform measures adopted by Egypt.

Nasr asserted that the government is keen on the participation of the private sector in national projects.

She said that her ministry is supporting small and medium-sized projects along with ventures by women and young people.