Economic Reforms

Egypt's economic reform contributed to overcoming Covid-19 shock - minister

Mon, 14 Feb 2022 - 03:35 GMT

The economic and financial reform gave Egypt further impetus to deal with the Covid-19, added the minister.

Mashat: Economic reform measures helped Egypt's economy confront COVID-19 repercussions

Tue, 16 Nov 2021 - 03:54 GMT

This has been made thanks to Egypt’s economic reform program that was launched in 2016 to improve macroeconomic indicators, as well as to achieve comprehensive and sustainable growth, Mashat added.

Egypt's economic reform program proven its success according to testimony of int'l institutions

Thu, 11 Nov 2021 - 07:29 GMT

The Ministry published infographics which included the results of the indicators of the Egyptian economy exceeded international expectations.

Economic reforms enabled Egypt to face shortages in supplies, high shipping costs

Tue, 09 Nov 2021 - 03:59 GMT

The economic growth rate during 2020/2021 amounted to 3.3 percent of the gross domestic product (GDP), and the total deficit decreased to 7.4 percent of GDP, and a primary surplus of 1.46 percent was achieved.

Public investments in FY2020/2021 focuses on human capital, digitalization: Egypt's planning minister

Tue, 18 May 2021 - 01:05 GMT

The success of economic reforms contributed to mitigating the effects of the Corona pandemic: Says Hala El-Said

Economic reform program placed Egypt among fastest-growing economies: Maait to parliament

Mon, 01 Feb 2021 - 01:52 GMT

Maait added that the strong political will and courage with the support of the great Egyptian people contributed to achieving this growth with economic reforms.

World Bank hails Egypt's economic reforms in 2019

Tue, 13 Oct 2020 - 03:21 GMT

"Egypt was a bright spot. FDI inflows rose 11 percent to $9 billion in response to economic reforms that improved macroeconomic stability and bolstered investor confidence."

Planning minister: Int'l institutions hail Egypt's growth rates under economic reforms

Thu, 06 Aug 2020 - 02:46 GMT

The Egyptian economy is solid and managed to withstand the impact of the coronavirus crisis, she noted.

Economic reforms prepared Egypt for coronavirus crisis, minister says

Thu, 07 May 2020 - 11:46 GMT

“We entered this crisis with fiscal buffers as well as foreign reserve buffers, which helped weather the first shock,” Rania al Mashat said.

Sisi receives honorary doctorate from Bucharest University of Economic Studies

Thu, 20 Jun 2019 - 08:01 GMT

This comes as a recognition of Sisi's role in leading Egypt during a hard period of unrest to a new stage of stability, development and construction.

Algeria shelves subsidy reforms before presidential elections

Fri, 16 Nov 2018 - 04:00 GMT

Algeria is backtracking on some economic reforms such as cutting costly subsidies as the country wants to minimise the risk of protests before presidential elections next year

WB official describes Egypt's economic reforms 'success story'

Fri, 13 Jul 2018 - 12:00 GMT

Dean of the Board of Executive Directors of World Bank Mirza Hassan said the WB is keen on providing full support for Egypt’s economic development plans

IMF praises the economic reform’s plan in Egypt

Mon, 02 Jul 2018 - 11:06 GMT

The authorities’ reform program has helped accelerate growth, reduce inflation and unemployment, and narrow external and fiscal deficits.

Egypt's government raises drinking water and sewage fees

Sun, 03 Jun 2018 - 12:00 GMT

gypt’s Prime Minister Sherif Ismail signed off Saturday to raise drinking water and sewage fees starting this month by as much as 50 percent.

‘Population increase is eating up economic reforms’: MP

Fri, 25 May 2018 - 03:51 GMT

President Abdel Fatah al-Sisi has previously also noted that the rapid increase in population is also affecting the economic reforms, and are slowing them down.

German ambassador praises Egypt’s economic reforms

Thu, 24 May 2018 - 08:12 GMT

German Ambassador to Egypt, Julius Georg Luy, praised Egypt’s measures to achieve the desired economic growth rate, 7.5 percent

WB president lauds Egypt's economic reform program

Fri, 20 Apr 2018 - 12:49 GMT

World Bank (WB) President Jim Yong Kim lauded Egypt’s economic reforms and its efforts to lure more direct foreign investments to the country

INTERVIEW - IMF’s Director: CBE succeeded to control inflation

Mon, 12 Feb 2018 - 12:11 GMT

Egypt has the chance to reduce unemployment levels by working harder on boosting its economic growth rate, IMF's regional director Jihad Azour told Egypt Today.

Egypt’s 1st phase of economic reforms successful: IMF’s Director

Mon, 12 Feb 2018 - 11:52 GMT

International Monetary Fund Director of the Middle East and Central Asia Department Jihad Azour affirmed to Youm7 that Egypt’s first phase of economic reforms was successful.

EXCLUSIVE: British MPs visit Egypt; praise economic reforms

Tue, 28 Nov 2017 - 03:12 GMT

The delegation was asked about Egypt’s internal affairs and how they view the current economic measures.