Kjouk outlines plan to boost private sector and exports
The Egyptian government is working to enhance private sector participation in the economic activity by increasing both domestic and foreign investments, with the aim of boosting productivity and strengthening exports of goods and services. These plans are part of fiscal and economic policies designed to stimulate high-yield investments and create an attractive investment environment through developing cooperative mechanisms with international financial institutions, particularly the African Finance Corporation, to fund developmental projects. Additionally, the government aims to diversify funding sources and reduce their costs to ensure increased investments and support sustainable economic growth, with a focus on priority sectors to achieve long-term economic returns.
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