Tuesday, September 25, 2018

Egypt's Sisi Discusses Cooperation in Health, Education, Investment Domains with World Bank President
Monday 24 Sep 2018

President Abdel-Fattah El-Sisi discussed cooperation projects with World Bank President Jim Yong Kim between Egypt and the bank in various fields, including health, education, economic, and social development in a meeting on Monday in New York.

In the meeting, El-Sisi discussed cooperation projects in the healthcare and education fields, especially technical education and vocational training.

They also discussed means of developing cooperation across various fields, including economic and social development, as well as assisting the government's efforts to attract foreign investments to the Egyptian market.

The meeting was attended by Foreign Minister Sameh Shoukry, Minister of Investment and International Cooperation Sahar Nasr, Minister of Trade and Industry Amr Nassar and General Intelligence Chief Abbas Kamel, Presidential Spokesman Bassam Radi said.

El-Sisi stressed the importance of enhancing relations with the World Bank group, as it is considered to be one of the most important development partners, Radi also said.

Meanwhile, Kim affirmed the continued support of the World Bank for the economic reforms implemented by Egypt, which has resulted in realistic positive results, including raising growth rates, reducing the budget deficit, and achieving economic stability.

The World Bank president promised to continue supporting Egypt in its efforts to improve the business and investment climate, shore up its service sector and establish more development projects to make Egypt a successful model for other developing nations to follow in achieving stability and economic reform.

Kim added that the meeting witnessed a review of the latest developments in the implementation of the economic reform program and the mega development projects launched by the Egyptian government in the recent period with the aim of pushing forward the Egyptian economy and the socio-economic development process.


No comments: