18 October 2018 08:34 PM

Sisi probes with WB president cooperation in health, education, investment domains

Monday، 24 September 2018 - 12:15 PM
Sisi probes with WB president cooperation in health, education, investment domains

President Abdel Fattah El Sisi discussed with World Bank President Jim Yong Kim cooperation projects between Egypt and the bank in the fields of health and education, especially technical education and vocational training, and means of developing cooperation in various fields, most particularly economic and social development, as well as assisting the government's efforts to attract foreign investments to the Egyptian market.

The meeting was attended by Foreign Minister Sameh Shokri, Minister of Investment and International Cooperation Sahar Nasr, Minister of Trade and Industry Amr Nassar and General Intelligence chief Abbas Kamel, Presidential Spokesman Bassam Radi said.

Sisi stressed the great importance attached by Egypt to developing its relations with the World Bank Group as one of Egypt's most important development partners, Radi also said.

He underscored the development and expansion of cooperation between Egypt and the World Bank in many projects in various fields, including development projects and technical support and strengthening the role of the private sector, in addition to supporting the implementation of Egypt’s economic reform program, the spokesman added.

He also said that for his part, the president of the World Bank affirmed continued support for the economic reforms implemented by Egypt and lauded its successful efforts in implementing its comprehensive economic and social reform program which resulted in realistic positive results including raising growth rates, reducing the budget deficit and achieving economic stability.

Jim, according to Radi, promised to keep supporting Egypt in its efforts to improve the business and investment climate, shore up its service sector and establish more development projects to make it a successful model to follow in achieving stability and implementing the stages of its economic reform in record time.

The World Bank president also pledged continuing commitment to cooperation programs with Egypt and developing frameworks of consultation and coordination to support Egypt’s economic reforms and ambitious development plan, the spokesman said.

He added that the meeting witnessed a review of the latest developments in the implementation of the economic reform program and the mega development projects launched by the Egyptian government in the recent period with the aim of pushing forward the Egyptian economy and the socio-economic development process.

MENA

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