During a Cabinet meeting held Wednesday under Prime Minister Mostafa Madbouli, Saeed said the key objectives sought by the government include achieving inclusive and sustainable economic growth as well as increasing decent work opportunities for all.

These targets require ensuring high levels of balanced investment and stimulating promising sectors with high added-value through structural reforms, she underlined.

In this regard, the minister said investment is the major growth engine mainly in the middle-income countries, noting that the stimulus packages allocated for addressing the coronavirus pandemic which are estimated at EGP 100 billion helped, along with other initiatives launched by the president and the Central Bank of Egypt, to raise growth rates by about 0.3 percentage points in FY 2019/2020 and by about 0.6 percentage points in FY 2020/2021.