Home Global Ties World Bank appreciative of economic strides made by Egypt

World Bank appreciative of economic strides made by Egypt

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According to the World Bank, the economic reforms carried out by Egypt would help overcome the effects of the current international crisis.

The Bank observed that the macroeconomic and structural reforms undertaken by Egypt would start addressing entrenched economic and social problems

According to the World Bank, the economic reforms carried out by Egypt would help overcome the effects of the current international crisis.

The Bank observed that the macroeconomic and structural reforms undertaken by Egypt would start addressing entrenched economic and social problems. Those measures would support the country in navigating the current difficult landscape.

Then Bank is also appreciative of the steps taken toward increasing private sector participation and private capital mobilization in certain sectors, such as Solid Waste Management.  The Egyptian Government has also announced plans to begin reforming the role of the State in the economy, as part of the efforts to boost private sector activities and job creation.

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Recently, the cabinet information center reviewed the World Bank report issued in December 2022 under the title “Egypt Economic Monitor, Fall 2022: Strengthening Resilience through Fiscal and Education Sectors Reforms.”

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