IFC chief praises steps taken by Egypt to increase investments

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Sun, 09 Dec 2018 - 03:53 GMT

International Finance Corporation Headquarters - Wikicommons

International Finance Corporation Headquarters - Wikicommons

SHARM EL SHEIKH, Dec 9 (MENA) - International Finance Corporation (IFC) CEO Philippe Le Houérou praised on Sunday economic decisions taken by the Egyptian government to increase investments.

Addressing a session of the ongoing Africa 2018 Forum in Sharm el Sheikh, Le Houérou stressed the importance of providing an attractive investment environment for the private sector as a key player to reduce public debts of governments.

He also thanked President Abdel Fattah El Sisi for inviting him to attend the forum, pointing out that he will visit Aswan later in the day to follow up the largest solar project there.

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