Arab Republic of Egypt
Tuesday, 20 October 2026
Media & Publishing

Media Center

News, Press Releases, and Visual and Audio Materials from The Ministry of Finance

Press Release

The Minister of Finance presents the features of the governmental economic trends in front of two conferences in Jordan and London


-

News Date: 5/20/2014 12:00 AM  The Minister of Finance presents the features of the governmental economic trends in front of two conferences in Jordan and London 
Within the week participated The Minister of Finance - Dr. Hani Kadri Dimian  in two important forums , the first is an Arabic forum in Jordon – a conference of the IMF – held in Jordon titled " Jobs, Growth and Justice in the Arab World " . The session , headed in the conference by the Egyptian Minister of Finance – Dr. Hani Kadri Dimian , addressed the unemployment problem , as the session was held under the title " Redirecting Youth to the Labor Market "  The focus was on young people and how to improve the business climate in terms of the methods of preparing youth to be qualified in labor market,  with the participation of both the public and private sector , and how to maximize the benefits from the phase of the forthcoming demographic transition in the region especially in Egypt , which is characterizing with a high proportion of young people in the age of  (15 -64 years old ) compared to children and elders , while the second conference held last Friday, as Dr. Kadri – opened the events of " the Egyptian Day " in London Stock Exchange , with the aim of promoting investments in the Egyptian Stock Exchange titled  " Egypt … promising investment opportunities " organized by one of the investments banks , with the participation of many investors , Financial Institutions and  global Investment Funds .   

 The Minister said during his speech that the Egyptian Economy face many difficult challenges , but we have plans to address them , most notably is  moving forward to  implement the roadmap and complete rebuilding of the constitutional institutions ,as people will elect the president in accordance with free will ,  followed by the parliamentary elections .

 The Minister explained  the necessity of reforming the petroleum products and presenting  the options discussed by the government and present it to the society concerning the budget deficit correction and expanding the tax base and increasing transferred  amounts to serve the vast majority of Egyptians .  the Minister renewed the emphasis on the Egyptian Economy's ability to take - off and achieving high growth rate , pointing that Egypt doesn't exclude resorting to the global financing  markets but likely  after the elections events.

 It is pointed out  that the Minister of Finance will give a speech next Tuesday in front of the  members of the American Chamber of Commerce in Cairo.

It is mentioned that the Minister of Finance approved an  allocation estimated at L.E  9.5 billion to  support the efforts of Ministries and Government Entities to improve the quality of public services rendered to citizens , besides providing the basis commodities needed by the society within the period of the first April till mid-MAY.

The Minister agreed also to allocate an amount for program of  supporting women – headed households and children under school age , which is considered one of the most important social programs adopted by the Egyptian Government , especially that the total number of beneficiaries exceeds L.E 1400 million .

In terms of Revenues Authorities' news . a report from the Head of the Egyptian Customs Authority to the Minister of Finance revealed that the measures of customs' anti –evasion have succeed in seizing many attempts for goods smuggling through customs ports , including a smuggling attempt for million and 962 thousand  stimulant pills and 12ooo packages of sexual stimulating Gel  and 1200 drugs tubes were found on the  board of a container coming from China to Alexandria port .

 Marsa Alam Customs also abled to seizure a kids toy shaped a plane equipped with cameras in possession of  a passenger coming from France , and other toy with a  passenger coming from Lebanon . the Head of the Egyptian Tax Authority met within the week the  leaders and members of Egyptian bank Union to discuss and solve problems facing the Banks concerning different  tax processes .            

Browse alsoMinistry of finance allocated "L.E 9.5 billion for providing the basic commodities and improving public services"
Next article

Need Help?

Our team is ready to assist you with all your financial and administrative inquiries

FAQContact Us
The Minister of Finance presents the features of the governmental economic trends in front of two conferences in Jordan and London