Economic Reform

OECD, Egypt cooperate on 21 projects within 2nd phase of National Structural Reform Programme

Tue, 17 Oct 2023 - 05:46 GMT

Egypt and the Organization for Economic Cooperation and Development (OECD) announced Tuesday the country programme.

Egyptian FM convenes with major existing, potential U.S. investors

Tue, 19 Sep 2023 - 03:12 GMT

The meeting was organized by the Business Council for International Understanding (BCIU).

Government must continue crisis mitigation, economic reforms: Egyptian president

Sun, 06 Aug 2023 - 02:00 GMT

President Abdel Fatah al-Sisi held a meeting Sunday to learn about the updates of the country's economic performance which has been influenced by global challenges.

Improvement in Egypt’s economic situation to not be felt unless population growth is controlled: Sisi

Fri, 22 Apr 2022 - 09:35 GMT

President Abdel Fattah El-Sisi reaffirmed that people in Egypt will not be able to feel the improvement in the local economic situation unless population growth is controlled.

Egypt’s planning minister, World Bank delegation discuss future cooperation plan

Thu, 16 Sep 2021 - 03:54 GMT

El-Said pointed to the second phase of the national economic reform program.

Egypt's president describes ongoing development efforts as rigorous, thanks Egyptians for enduring reform

Tue, 14 Sep 2021 - 02:37 GMT

"The success of a decision depends to a great extent on its embracement and acceptance among the people," the Egyptian president added.

Egypt's Cabinet publishes figures on economic performance between 2009, 2021

Sat, 10 Jul 2021 - 02:42 GMT

The Media Center of the Cabinet released Saturday the figures.

Planning Ministry prepares for Egypt's accession to OECD country program

Tue, 26 Jan 2021 - 09:01 GMT

El-Said said that five different areas or pillars were chosen to be the focus of the country program.

Egypt should continue its economic reform program: IMF

Wed, 23 Dec 2020 - 02:19 GMT

Mohieddin added in a TV interview that this includes increasing the country's investments in the sectors of health care, education and infrastructure to achieve sustainable and long-term growth.

Egypt aims for economic diversification, agility: minister

Mon, 14 Dec 2020 - 03:39 GMT

In her speech, El-Said reviewed the development experience of Egypt in recent years and the efforts of the Egyptian state to achieve economic reform,

Egypt's public investment in FY2020/21 is 'unprecedented': min.

Sun, 02 Aug 2020 - 11:38 GMT

The aim of such investment is creating job opportunities, and inhibiting economic slowdown amid the COVID-19 crisis.

BT100: Highlighting recent economic reform in Egypt

Tue, 03 Mar 2020 - 09:54 GMT

As Cabinet members, businessmen and leading figures have attended the annual ceremony of BT100 in Cairo to honor top influential figures and companies positively impacting the Egyptian economy, a documentary was played to highlight the country’s positive

World Bank chief lauds Egypt's success in economic reform

Thu, 26 Sep 2019 - 09:01 GMT

Egypt's President Abdel Fattah al-Sisi met on Wednesday with President of the World Bank David Malpass.

IMF approves disbursing final tranche of Egypt's $12B loan

Wed, 24 Jul 2019 - 05:24 GMT

The approval of the last review will allow Egypt to receive its last $2 billion disbursement of $12 billion loan extended over three years.

World Bank report highlights outcomes of economic reforms

Tue, 16 Jul 2019 - 03:46 GMT

The World Bank issued on Tuesday a report titled “The Egyptian Economy Observatory” in a press conference in Cairo.

Parliamentary delegation headed by Speaker visits China

Tue, 18 Jun 2019 - 03:54 GMT

Speaker Abdel Aal presented the role of the House of Representatives in laws promulgation, and monitoring of the government.

Exclusive - French Historian Charles Saint-Prot: Constitutional amendments ‘key’ to Egypt’s progress, stability

Mon, 15 Apr 2019 - 02:28 GMT

As Saint-Prot likes to put it down, Egypt “deserves stability and progress…this will never be achieved unless the current political regime has fully taken his chance, which obviously requires much time.”

Sisi directs commitment to implement economic reform program

Sun, 30 Dec 2018 - 03:14 GMT

President Abdel Fattah El Sisi has directed committed action to achieve aspired financial and economic targets.

Egyptian economy improved over last year, price hike temporary: IMF mission

Thu, 01 Nov 2018 - 11:34 GMT

Subir Lall said that the Egyptian economic situation is not bad, as all countries are clearly suffering a rise and change in prices.

NBE vice president: Banks played key role in economic reform process

Tue, 23 Oct 2018 - 01:39 GMT

Banks have large amounts of cash as deposits of clients in this sector are estimated at LE 3.6 trillion and loans at LE 1.6 trillion, he pointed out.