All appreciation for the efforts of METAC in providing economic and financial services to the countries of the region, strengthen capacity and drive human development efforts

The Middle East and North Africa Technical Assistance Center (MENATAC) plays a major role in promoting economic stabilization efforts and inclusive and sustainable growth

Committed to continue collaborating with METAC and working together to build stronger and more resilient economies in the Middle East and North Africa

Egypt has greatly benefited from the expertise of the MENA Technical Assistance Center in the financial and economic fields

We are working on fiscal policies that are more capable of stimulating economic growth and improving the lives of citizens by increasing social spending

We have made great strides in improving fiscal discipline and management of public financing within the framework of a comprehensive and integrated economic reform program

The MENA economic landscape is more dynamic and complex and requires greater cooperation and integration to address common challenges

We recognize the importance of multilateral partnerships in promoting fiscal policies that are conducive to inclusive and sustainable growth

We seek a greater and more influential role in supporting our capabilities against shocks and improving the pillars of economic resilience

Our collective efforts can pave the way for a better future for our region based on sustainable growth and improved standard of living

We look forward to the support of METAC in strengthening our capacity to address the challenges of climate change, digital transformation and social inclusion

 

Ahmed Kouchouk, Minister of Finance, stressed that we are keen to benefit from international expertise to contribute to our plan aimed at building "trust, partnership and certainty" with the tax community, in order to promote the growth of the private sector in the Egyptian economy, expressing his appreciation for the efforts of the Middle East and North Africa Technical Assistance Center (METAC) at the International Monetary Fund, in providing economic and financial services to the countries of the region, enhancing capabilities and advancing human development efforts.

 

Kouchouk said, at the celebration of the 20th anniversary of the establishment of the Middle East and North Africa Technical Assistance Center (METAC) at the International Monetary Fund, that the MENAC  plays a major role in promoting economic stability efforts and inclusive and sustainable growth, explaining that we are committed to completing the process of cooperation with METAC and co-working to build stronger and more resilient economies in the Middle East and North Africa.

 

He added that the economic landscape in the Middle East and North Africa is more dynamic and complex and requires greater cooperation and integration to address common challenges, pointing out that we recognize the importance of multilateral partnerships in promoting fiscal policies that stimulate inclusive and sustainable growth, and we seek a greater and more influential role in supporting our capabilities against shocks and improving the pillars of economic resilience.

 

He pointed out that our collective efforts can pave the way for a better future for our region based on sustainable growth and improved standard of living, explaining that we look forward to supporting the Middle East and North Africa Technical Assistance Center (METAC) in enhancing our ability to deal with the challenges of climate change, digital transformation and social inclusion.

 

He stressed that Egypt has benefited a lot from the expertise of (METAC) in the financial and economic fields, noting that we are working on fiscal policies that are more capable of stimulating economic growth and improving the lives of citizens by increasing social spending. He added that we have made great strides in improving fiscal discipline and the management of public financing within the framework of a comprehensive and integrated economic reform program.

 

Holger Florkemeyer, Director of the Middle East and North Africa Technical Assistance Center (METAC) at the International Monetary Fund, said: “We thank the Egyptian authorities for their commitment to developing the capabilities of METAC and showing powerful ownership of the center for 20 years, and this is an investment that has a high return for Egypt and member countries, as it provides a public benefit for the region and the international community, and we look forward to continuing our deep and fruitful cooperation.”

 

Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), stressed that METAC's achievements owe a lot to the contributions of member countries that enabled the IMF Center to expand its influence, meet the region's growing needs and strong demand for capacity development and technical assistance.