Finance Minister aims to boost EU ties
Egypt has focused on strengthening its economic partnership with the European Union to support financial and economic reforms. It is seen as a platform for European companies to expand into the region. Finance Minister Ahmed Kjouk emphasized that Egypt has taken proactive measures to overcome geopolitical challenges, achieving strong financial performance last year with growth in the tourism, communications, and information technology sectors, in addition to implementing stimulus packages to facilitate investment and export. Egypt is also working to reduce financing costs through innovative debt instruments and by boosting investor confidence, aiming to attract more private investments and expand the funding base.
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