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  • Wednesday, 15 October 2025

During the Annual Meetings of the International Monetary Fund and the World Bank .. Minister of Planning, Economic Development and International Cooperation Reviews Positive Developments in the Egyptian Economy during Meeting with Jefferies Financial Group and a Group of Investors

Al-Mashat:

• The Government is Making Progress in the File of Private Sector Empowerment and Preparing the Investment Climate for Local and Foreign Companies

• “Egypt’s Narrative for Economic Development” Identifies a Set of Priority Sectors to Attract Foreign Direct Investment and Localize Industry.

• “Sharm El-Sheikh Peace Agreement” Strengthens Positive Outlooks and International Confidence in the Egyptian Economy.

H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, met with the Jefferies Financial Group – one of the world's leading companies in investment and financial services – and a number of investors, during the 2025 Annual Meetings of the International Monetary Fund and the World Bank in Washington. This meeting included the participation of Mr. Ahmed Kouchak, Minister of Finance, and Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority (FRA).
This comes as part of the meetings held by the Minister of Planning, Economic Development and International Cooperation during her visit to Washington, to review Egypt's economic reform story and discuss the latest developments in the economy, which is witnessing positive developments on various fronts.

Dr. Rania Al-Mashat reviewed the progress in implementing the National Structural Reforms Program, which aims to maintain macroeconomic stability, while preparing the investment climate, improving the business environment, and driving the transition to a green economy. She explained that “Egypt’s Narrative for Economic Development” includes a complete list of structural reforms that have been implemented and those that are being implemented, according to specific timelines, and with the participation of 25 national entities.

Dr. Al-Mashat also highlighted the progress the government is making in the file of private sector empowerment through work on several axes, including Initial Public Offerings (IPOs), the governance of state-owned companies, and maximizing the utilization of assets through the Sovereign Fund. She added that there is full integration among the various state entities concerned with this file in order to achieve real progress that makes way for the private sector and enhances its role in achieving economic development.

Minister Al-Mashat pointed out that the past period witnessed a remarkable increase in private sector investments in the local market, both in terms of Foreign Direct Investments (FDI) and concessional development financing directed to the private sector. This financing aims to open up prospects for local and foreign investments. 
Dr. Al-Mashat mentioned that Egypt continues to implement reforms that foster the competitiveness of the Egyptian economy.

The Minister of Planning, Economic Development and International Cooperation explained that the success of Egyptian efforts in completing the historic peace agreement and ending the war on Gaza strengthens international confidence in the Egyptian economy and supports the positive prospects for it, and also adds more stability to the economy of the Middle East region.