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Monday, 19 October 2026
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Minister of Finance Meets CEO of ITFC to Discuss Expanding Private Sector Role in Development


Minister of Finance: We seek broader cooperation to open wider opportunities for the private sector in the development process

Minister of Finance:

  • Enhancing partnerships in health, education, energy, industry, agriculture, and infrastructure
  • Working with international partners to achieve comprehensive and more sustainable development goals
  • Our fiscal policies stimulate economic activity through initiatives that promote production and exports
  • Tax and customs facilities are influential tools in the path of investment-attracting economic reform

CEO of the International Islamic Trade Finance Corporation (ITFC):

  • Supporting efforts to boost the competitiveness of the Egyptian economy
  • Looking forward to building on shared successes that represent an outstanding model of developmental cooperation

 

 

Ahmed Kouchouk, Egypt’s Minister of Finance, affirmed the government’s aspiration for broader cooperation that opens wider opportunities for the private sector in the development process. He emphasized efforts to strengthen partnerships with the International Islamic Trade Finance Corporation (ITFC) in sectors such as health, education, energy, industry, agriculture, and infrastructure.


During his meeting with Eng. Hani Salem Sonbol, CEO of ITFC, the minister explained that Egypt is working with international partners to achieve comprehensive development goals with a more sustainable vision. He noted that Egypt’s fiscal policies stimulate economic activity through initiatives that encourage production and exports, adding that tax and customs facilities are vital instruments in driving investment-oriented economic reform.


Eng. Hani Salem Sonbol, CEO of ITFC, expressed the Corporation’s commitment to supporting Egypt’s efforts to enhance economic competitiveness. He stressed the importance of building on joint successes that stand as a distinguished model of development cooperation.

 

  • وزير المالية
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Minister of Finance Meets CEO of ITFC to Discuss Expanding Private Sector Role in Development