Thursday 21 Nov
Minister of Finance Ahmed Kouchouk concluded his participation in the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington. During this period, the Minister was actively engaged in a range of activities, including participation in official meetings of the G20 group.
He also held a number of
bilateral meetings with his counterparts in several countries to strengthen
economic and financial ties and attended ministerial meetings of Middle East
and African countries with the IMF Managing Director.
Kouchouk participated in and
spoke at numerous meetings organized by major international investment banks,
engaging with hundreds of investors, rating agencies, and investment
professionals. Furthermore, he met with think tanks, influencers, and business
community organizations in the United States, and delivered speeches at various
sessions and meetings. These engagements underscore the Minister's commitment
to fostering international cooperation, attracting investment, and promoting
economic growth.
The visit included meetings with representatives from key international institutions, including the International Monetary Fund, the World Bank, and African institutions. These discussions provided an opportunity to showcase the latest economic developments in Egypt, the ongoing efforts to stabilize and improve the economic and financial situation, and to present Egypt's vision on various financial and economic issues.
Additionally, the visit addressed
key regional and global challenges, as well as the most important reforms and
measures taken by the Egyptian government. This comes amid expectations of
improved economic growth rates, medium-term financial stability, and positive
financial stability.
Kouchouk discussed debt management as he highlighted efforts to improve public debt management and reduce government debt through a comprehensive strategy, He emphasized the government's commitment to structural and economic reforms aimed at creating a favourable business environment for local and foreign investment and showcased various investment opportunities and financial targets for the coming period.
Minister of Finance expressed optimism about the upcoming visit of the IMF mission for the fourth review of the economic reform program. He reaffirmed his commitment to continued cooperation with international institutions to facilitate and improve the investment climate, fully implement the targeted tax facilitation package, enhance the business environment and promote social protection and human development efforts.
