14 Hrs
Source:
بوابة الفجر
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Egypt's reform vision at IMF and World Bank
The visit of Egyptian Foreign Minister Dr. Badr Abdel Atti to the meetings of the International Monetary Fund and the World Bank focused on presenting Egypt's vision for reforming the international development financing system and enhancing cooperation with global financial institutions. The talks included discussions on the economic reforms implemented by Egypt to support financial stability and improve the investment climate, along with efforts to empower the private sector and increase investments, noting that the private sector accounted for 66% of investments during the first quarter of the 2025/2026 fiscal year. The discussions also addressed the impact of regional crises on energy and trade markets, and efforts to strengthen food security and energy security. Additionally, the need to reform the international financial architecture to better respond to the needs of developing countries was emphasized, with a focus on water resource management and sustainable development, aiming to attract investments, foster economic growth, and achieve sustainable development.
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