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Finance Minister: Economy remains attractive despite challenges
Finance Minister Ahmed Kjouk confirmed that the Egyptian economy remains attractive to investments despite global and regional challenges. He stated that fiscal policies support the flexibility and stability of economic activity. He pointed out that the government is adopting an ambitious strategy to reduce public debt and improve ratings by international agencies such as Fitch and Standard & Poor's, with ratings remaining stable at "B" and future outlooks stable. He also emphasized that the private sector is leading growth through strong performance in the sectors of industry, tourism, telecommunications, and information technology.
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