17 January 2019 09:19 AM

Nasr: Egypt working to implement economic reform plan

Sunday، 22 April 2018 - 03:08 PM

Investment Minister Sahar Nasr said that the business landscape in Egypt is very encouraging, noting that legislation have been outlined to guarantee an investment-friendly climate.

She cited the new investment law and the bankruptcy law, not to mention amendments to the companies law.

Speaking in an interview with Richard Quest on CNN, Nasr said the political leadership in Egypt is brave enough to implement an economic reform plan with long-term results.

The plan focuses on long-term benefits, such as creating jobs and achieving social and economic stability, the minister said.

Nasr was in Washington to attend the spring meetings of the World Bank.

She made it clear that the government is working to apply a comprehensive social protection network and to achieve sustainability of its economic reform program.

Egypt is stable at the macroeconomic, political and social levels, Nasr assured.

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