FILE: The Cabinet, headed by the acting Prime Minster Mustafa Madbouli, review on Wednesday a comprehensive report on the duties carried out by various ministries and bodies with regard to developing the services provided to residents of al Rawda village FILE: The Cabinet, headed by the acting Prime Minster Mustafa Madbouli, review on Wednesday a comprehensive report on the duties carried out by various ministries and bodies with regard to developing the services provided to residents of al Rawda village

Cabinet spokesman says Egypt reform program wins int'l acclaim

By: MENA
Mon, Jan. 21, 2019
CAIRO - 21 January 2018: Egypt's successful economic reform program has won international acclaim with major credit rating institutions, the World Bank and International Monetary Fun praising the right course of the government, said Cabinet spokesman Nader Saad Monday.

Speaking to Extra news channel, Saad said the prime minister is set to meet with CEOs of big international companies interested in investing in Egypt soon. He cited Apple, Volvo and Bata.

Saad added that some Arab investors, including Majid Al Futtaim Group, will also be meeting with the premier.

Prime Minister Moustafa Madbouli is leading an Egyptian delegation to the World Economic Forum in Davos, which, according to Saad, reflects how important the gathering is to Egypt.

Davos is a good chance for Egypt to review its economic, financial and monetary reforms, as well as investment opportunities in the country, he told Extra News.

The premier is also there for talks to boost Egypt's political relations with the different world countries, the spokesman made it clear.

Madbouli is set to attend a session on the future of Africa in a global context, Saad said.

He will focus on Egypt's vision regarding the future of the continent, as well as plans it intends to carry out during its one-year presidency of the African Union, which will start next month, Saad added.

A meeting will also be held with IMF officials to further probe Egypt's economic reform program, the spokesman noted.
 
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