Madbouli Praises Lagarde’s Remarks on Economic Reform

By: Ibrahim El-Deeb, Taarek Refaat

CAIRO, Jan 30. (SEE)- Prime Minister Mostafa Madbouli hailed on Wednesday Managing Director of the International Monetary Fund (IMF) Christine Lagarde’s remark on the Egyptian economy, stating that it reflects the recognition of the government’s success in adopting the current economic reform.

“Lagarde’s remarks on the Egyptian economy will certainly have a positive impact on the international stage,” Madbouli said.

“During my recent visit to attend the Davos economic forum in Switzerland, the Egyptian delegation was praised for adopting a successful economic reform program,” Madbouli noted.

He also hailed the outcome of French President Emmanuel Macron’s visit to Egypt last Monday, which signaled the signing of joint agreements in several fields, attracting more investments into the country.

“There is an increasing interest by multinational companies to invest in Egypt due to the promotion of stability and reform program.

On his part, Minister of Education Tarek Shawky stated that he discussed with officials from technology company Apple ways of boosting cooperation and ways of integrating technology into the educational system during his visit to in Davos.

“I discussed with Apple ways of employing electronic and technical devices into the educational system,” he added.

Minister of Agriculture Ezzeddin Abu Steit said that his recent meeting with Zambian President Edgar Lungu included agreements on cooperation in the fields of fish farming and cultivation.

The Minister of Environment Yasmine Fouad also reviewed the results of her visit to Germany, which included cooperation and the transfer of German expertise in the field of waste recycling.

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