Planning minister meets Saudi delegation taking part in business talks in Egypt

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Mon, 09 Dec 2019 - 12:33 GMT

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Mon, 09 Dec 2019 - 12:33 GMT

Minister Hala el Saeid

Minister Hala el Saeid

CAIRO, 9 December 2019: Planning, Follow-up and Administrative Reform Minister Hala el Saeid met Monday with a Saudi delegation involving members of a joint business council with Egypt.

The meeting took up efforts to update Egypt's 2030 vision to better cope with economic changes following the implementation of the reform program in 2016, the minister said in a statement.

The updated strategy should also be in line with all international sustainable development goals and Africa's 2063 agenda, Saeid added.

She also touched upon efforts to automate government services and include digital transformation in Egypt's administrative reform plan with the aim to ease measures, reduce corruption and satisfy citizens.

A sovereign fund has been established to attract investments in accordance with a sustainable development strategy and Egypt's 2030 vision, the minister further said.

This should also help create jobs for youth and develop Egypt's resources to be used by current and future generations, Saeid added.

She also talked about efforts to improve the business climate in Egypt, and mechanisms to encourage investment and boost private sector contribution.

The Saudi delegation expressed interest in working with the fund, forming new partnerships and benefiting from growth opportunities in Egypt

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