Planning Minister: Egyptian economy shows exceptional resilience amid regional, global challenges
Rostom concluded by stressing that the government’s objectives extend beyond achieving high growth rates to implementing a comprehensive economic transformation program focused on competitiveness and expanding private investment in five key sectors: industry, agriculture and food processing, tourism, ICT, and energy security.
He noted that Egypt had benefited from the economic shocks it faced in previous years and dealt with them effectively, adding that international institutions have confidence in government figures and data issued in accordance with international standards.
In this regard, he said the government is working to restructure the National Investment Bank and restore its development role in partnership with the private sector through its subsidiaries, including NI Capital and Ayady, as well as through cooperation with the World Bank on a financing guarantee mechanism for infrastructure projects.
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