Hala el Saeed
The minister said that the transformation into a knowledge economy and society is no longer a sub-issue of concern to the elite.
The growth rate in Egypt is the highest in most emerging countries, which reflects the success of the Egyptian government in dealing with the repercussions of the coronavirus pandemic in a balanced and sound manner.
It is a quarterly assessment that is based on strategic performance indicators, said Planning Minister Hala el Saeid Monday.
The Egyptian economy is solid and managed to withstand the impact of the coronavirus crisis, she noted.
A comprehensive plan is in place with the aim to achieve structural reform in seven promising sectors, atop of which health, Hala el Saeid said in a statement.
“Financial provision for these projects amounted to LE 36.7 billion in 2020/2021 plan, which represents 14 percent of the total public investments distributed in the plan."
This came in a report released by the Ministry of Planning and Economic Development on extra funding and budget surplus in the fiscal year 2019/2020.
This came in a video published by the Ministry of Planning and Economic Development on the social media.
This came in a report published by the Ministry of Planning to give analysis on the development of some indices related to the economic and social performance during the third quarter of the current fiscal year 2019/2020.
She made her statements at a forum held on Sunday to discuss the status of Egyptian women under the State’s plans to enhance women representation in leading positions.
Egypt's high rate of economic growth during the second quarter and first half of the 2019-2020 increased to 5.6 percent compared to the same period in previous years.
The minister made these remarks during a meeting with the leaderships of the ministry to outline the plan for the fiscal year 2020-2021.
In a statement, she said that her ministry is keen on boosting cooperation with all development partners.
The World Investment Report 2019 included that foreign investment in Egypt was leaning towards the oil and gas industry, as Egypt's important discoveries of gas reserves abroad attracted investments from multinational companies.
Saeed pointed out to myriad achievements which occurred and led to improvements in the economic situation in Egypt.
Minister added that the economic reform program was meant to regain investors' confidence and establish more partnerships with the private sector.
The fifth edition of Egypt Can conference has kicked off on Tuesday with the participation of 65 Successful Egyptian expats.
The new system should also create 1.25 million jobs through merging the informal sector, the minister noted.
Egypt’s 2019/2020 budget targets a growth rate of 6 percent, which will be reflected on the unemployment rate, according to Planning Minister Hala el-Saeed.
Minister of Planning Hala el-Saeed said that the fund represents a sovereign investment fund wholly owned by Egypt
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