2024-07-27 07:05:00
Books – Ahmed Jacob
Saturday, July 27, 2024 10:05
Minister Ahmed Chauk confirmed financeWe are addressing Egypt’s extreme balance and complex geopolitical implications within the framework of a comprehensive plan to improve economic performance, and we look forward to the IMF Board’s approval of the third review of Egypt’s economy. The aim is to successfully continue the upcoming review and work towards obtaining… Funded by the Resilience and Sustainability Fund.
Kayok added during a meeting with International Monetary Fund Director General Kristalina Georgieva G20 In Brazil, we are committed to achieving fiscal discipline to put the debt-to-GDP ratio of the budgetary institutions on a downward path, and we aim to create sufficient fiscal space to allow for increased spending on education, health and healthcare . We are also committed to reducing inflation to ensure price stability, improve the living conditions of citizens and provide competitive support to businesses.
Minister says this is a priority government In the coming period, we will increase the volume of private sector investment, promote production and export activities, and develop the business environment to enhance the competitiveness of the Egyptian economy and attract foreign direct investment, noting that we are working to simplify procedures in the tax and customs systems to Rebuilding confidence between the business community and tax administrations and improving services for financiers.
“We are keen to promote structural reforms and private investment in renewable energy, technology, desalination and infrastructure,” Koyoke explained, noting that we are working to achieve economic success through caps on total public investment, government guarantees and infrastructure. Policy consistency.
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