Egypt can achieve growth rates over 5%: WB official

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Sun, 23 Jun 2019 - 01:47 GMT

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Sun, 23 Jun 2019 - 01:47 GMT

World Bank President Jim Yong Kim takes to the stage to deliver remarks at the plenary session at the IMF-World Bank annual meetings at Constitution Hall in Washington October 10, 2014. REUTERS/Jonathan Ernst

World Bank President Jim Yong Kim takes to the stage to deliver remarks at the plenary session at the IMF-World Bank annual meetings at Constitution Hall in Washington October 10, 2014. REUTERS/Jonathan Ernst

CAIRO, June 23 (MENA) - Egypt can achieve growth rates over the current 5 %, said the World Bank's Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Partnerships Mahmoud Mohieldin.

On the sidelines of the workshop organized on the implementation of Sustainable Development Goals (SDGs) in the Arab world on Sunday, Mohieldin told MENA that achieving growth rates is linked with investments in the field of human resources and infrastructure.

He highlighted the importance of promoting investments in the governortes, which will enable Egypt to achieve a quantum leap in creating job opportunities.

The State represented by the Planning Ministry pays special attention to promoting investments in governorates in cooperation with the Investment Ministry to maximize the benefit of the economic reform program.

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