Egypt implemented comprehensive economic reform program, PM Madbouly says

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Mon, 04 May 2026 - 09:25 GMT

BY

Mon, 04 May 2026 - 09:25 GMT

CAIRO – 4 May 2026: Prime Minister Mostafa Madbouly stated that Egypt has successfully implemented a comprehensive economic reform program, emphasizing that the Country Program for Egypt with the OECD represents a significant milestone in bilateral cooperation.

Speaking at the high-level conference concluding the first phase of the Country Programme in the New Administrative Capital, the Prime Minister noted that the government has worked tirelessly to improve the investment and business climate while developing the governing regulatory frameworks.

He described the OECD Country Program as a fundamental pillar of Egypt’s broader economic reform strategy.

Prime Minister Madbouly affirmed that Egypt will continue its close cooperation with the OECD, noting the government's keenness to participate in various regional and international development initiatives. The conference was attended by Secretary-General Mathias Cormann, various ministers, members of Parliament and the Senate, and representatives from international organizations.

The conference aimed to achieve three primary objectives including, reviewing achievements and evaluating the progress made in strengthening institutional capacities and integrating OECD standards to support structural reforms.

Also, formulating priorities by providing a strategic platform for dialogue between ministers and OECD officials to identify high-impact areas for future growth. And finally defining future partnership through exploring ways to deepen Egypt's participation in OECD committees and defining the nature of support for the next phase.

The event featured a panel discussion titled "Enhancing Economic Growth and Competitiveness and Supporting the Private Sector in the Digital Age," featuring Minister of Planning Dr. Ahmed Rostom, Minister of Finance Ahmed Kouchouk, and Minister of Investment and Foreign Trade Dr. Mohamed Farid Saleh, among other senior officials and OECD experts.

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