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Kouchouk Meets Africa Finance Corporation at IMF–World Bank Meetings in Bangkok: Our Priorities Focus on Private Sector Growth and Greater Investment in Egypt’s Economy


 

We are working to increase production and exports of goods and services by encouraging investments that deliver strong economic returns. 

 

Africa Finance Corporation is a strategic partner capable of mobilizing more private capital to support development in Egypt.

 

We look forward to a new phase of bilateral cooperation to advance financing for Egyptian projects in partnership with the private sector.

 

We will jointly identify priority economic activities to achieve higher rates of sustainable growth.

 

We aim to reach new investor segments across diverse financing markets on more competitive terms to reduce financing costs.

 

Finance Minister Ahmed Kouchouk stressed that Egypt’s fiscal and economic policy priorities focus on fostering private sector growth and increasing its investment and contribution to the Egyptian economy.

 

Speaking during a meeting with Sameh Shenouda, Executive Director and Chief Investment Officer of Africa Finance Corporation (AFC), at the IMF–World Bank meetings in Bangkok, Kouchouk said Egypt is working to increase production and exports of goods and services by encouraging investments that deliver strong economic returns.

 

Kouchouk described AFC as a strategic partner capable of mobilizing more private capital to support development in Egypt. He noted that Egypt looks forward to a new phase of bilateral cooperation to advance financing for Egyptian projects in partnership with the private sector, including jointly identifying priority economic activities to achieve higher rates of sustainable growth.

 

The minister added that Egypt aims to reach new investor segments across diverse financing markets on more competitive terms to reduce financing costs.

 
 


 

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