PM Mostafa Madbouly met Sunday at the government headquarters in the New Administrative Capital with a delegation from the Arab Fund for Economic and Social Development.
The meeting was attended by Badr Mohamed El-Saad, Director General and Chairman of the Fund's Board of Directors, Rania Al-Mashat, Minister of Planning, Mirza Hassan, Head of the Strategy and Business Development Office at the Arab Fund, and a number of Fund officials.
The Chairman of the Board of Directors of the Arab Fund emphasized the importance of cooperation with Egypt in light of its importance in the Fund's financing portfolio, noting the significant cooperation between the two sides on numerous projects.
El-Saad indicated the Fund's keenness to support cooperation with Egypt and provide the necessary funding for development projects in the country.
Mirza Hassan discussed the Fund's new financing strategy, particularly in the energy, water, transportation, education, and health sectors, which falls within the framework of the Fund's commitment to achieving comprehensive development in member states.
On his part, the Prime Minister affirmed that the Egyptian state is proceeding with its economic reform program, particularly at the level of fiscal and monetary policies, particularly through the adoption of a flexible exchange rate policy.
The PM also reviewed the Egyptian government's efforts to support the industrial sector and increase exports, particularly in the fields of pharmaceuticals, textiles, information technology, entrepreneurship, food industries, and petrochemicals, particularly fertilizers.
He also highlighted the government's efforts in the field of green transformation.
The Fund's officials explained its efforts to support Arab companies' investments in other Arab countries, as well as cooperation between Arab countries.
A discussion also took place about the most prominent current developments at the regional and international levels and their economic repercussions.
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