Ahmad Kajouk Urges Debt Reduction and Private Sector Growth
The Egyptian government has focused on improving the financial and economic situation by continuing structural reforms, with an emphasis on reducing the burden of government debt service and increasing the private sector’s contribution to economic growth. The policies aim to enhance debt sustainability, improve the investment climate, and stimulate production and exports, thereby enabling the private sector to play a larger role in creating jobs and supporting growth. It was also affirmed that Egypt’s improved credit rating reflects positive interaction from markets and investors with the government's measures, while Egypt continues its efforts to improve public financial management and ensure long-term economic stability.
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