Finance Minister: Mubarak to discuss Egypt view over restructuring IMF
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Minister of Finance, Dr. Youssef Boutros-Ghali said that the current visit of President Mubarak to the United States will address two aspects; the Middle East problem and the Egyptian vision in facing the global financial crisis.
This comes through Egypt presidency of the Council of the international monetary and financial of the International Monetary Fund.
He added that President Mubarak would discuss Egypt view to restructuring of the International Monetary Fund and the international relations so as to deal with this current financial crisis .In addition to the establishment of international organizations that can predict this type of crisis and to avoid them.
He further said that the International Monetary Fund includes 185 States. Those nations must be persuaded with this vision, which is the right path towards the exit from the financial crisis.
The Minister stressed that Egypt will see the benefit of the international economy in the World 2009/2010 pointing at the same time that President Mubarak is interested in the development of Africa on the international arena, consistent with the real weight.
He stressed that the reforms undertaken by Egypt in the economic and legislative helped to attract investors and companies around the world, particularly in the United States of America.
He also pointed out "that the first step to attract investment depends not only on the possession of the sectors to attract investors, but have a strong economy and sound."
(Source: Arab finance)

