Government attracts more investment, fosters private sector’s role: El-Khatib
Hassan El-Khatib, Minister of Investment and Foreign Trade, said that the government is working to attract more investments and foster the role of the private sector as a major engine of innovation and economic growth. He added that the private
Egypt aims to reduce debt-to-GDP ratio below 85% over 3 years: Finance Ministry
Yasser Sobhi, Deputy Minister of Finance for Fiscal Policies, stated that the goal is to achieve financial discipline and bring the debt-to-GDP ratio below 85% of GDP within the next three years. In June, Egypt reduced the external debt of
Egypt’s non-oil private sector PMI hits 33-month high – Dailynewsegypt
Egypt’s non-oil private sector economy moved closer to growth in May, reaching a 33-month high in the Purchasing Managers’ Index (PMI) released on Tuesday as inflationary pressures continued to cool. At 49.6, the headline PMI for May rose from 47.4