Finance Min.: Current Economic Situation Requires Accelerating Pace of African Integration

Ahmed Kouchouk, Minister of Finance said that Egypt looks forward to promoting mutual investments between the Egyptian and Rwandan private sectors in various economic and development fields, in a way that meets the aspirations of both countries, achieves common interests, and enhances efforts to achieve sustainable development.

He added, "We are keen to exchange expertise in building balanced financial policies that stimulate economic activity and ensure financial stability and discipline."

The Minister continued—in his meeting with Yusuf Murangwa, Rwandan Minister of Finance and Economic Planning—that the current economic situation requires accelerating the pace of African integration to achieve comprehensive and sustainable development, which will help stimulate economic growth, increase trade volume, and create new investment opportunities.

He pointed out that developments in global trade create a competitive African business environment for exports and attract foreign investment.