Finance min., AIIB members probe economic reform program, investment

CAIRO - 19 November 2018: Finance Minister Mohamed Ma'it said Monday the Egyptian government is serious in implementing the economic reform program, adding that investment is a life buoy to the Egyptian economy.

During a meeting with members of the Asian Infrastructure Investment Bank (AIIB) here, the minister said investments should be increased and all potentials directed to improving the investment environment including flexible laws and regulations, facilitating procedures and eradicating bureaucracy. All this has been taken into consideration in the new investment law, he said.

The minister reviewed the economic reforms and projects carried out by the state recently in a number of vital files, mainly education and health, a statement by the ministry said.