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2026-10-14T15:01:42.000Z

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Jok Highlights Development Banks Role

Jok Highlights Development Banks Role

The Egyptian government has focused on strengthening international and regional partnerships to support economic development. The Minister of Finance explained that Egypt successfully prepared and approved 30 public-private partnership projects valued at 41 billion Egyptian pounds, with some of these projects currently being implemented. Additionally, the country is working to enhance the financing of African development projects in local currency to reduce cost risks, adopt tax and customs packages to improve the business environment, and leverage the private sector, which accounts for 65% of investments. The aim is to attract capital and develop projects to achieve sustainable growth in Egypt and Africa.

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