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Prime Minister: We will not give up Egypt's right to the Nile waters


He added during a press conference today that the more mature and large the economy is, the lower its growth rates will be

Tue 30 Jul 2024 | 07:33 PM
Prime Minister: We will not give up Egypt's right to the Nile waters
Prime Minister: We will not give up Egypt's right to the Nile waters
amir hagag

Dr. Mostafa Madbouly, Prime Minister, said that we will not give up Egypt's right to the Nile waters.

He added during a press conference today that the more mature and large the economy is, the lower its growth rates will be, continuing: "But when countries start from the beginning and achieve 7% and 8%, it becomes easy, so any work that is done is heard, and therefore the real challenge is to have a large and heavy economy and achieve high growth rates."

Madbouly continued by saying: Even with the flotation and everything that happened, Egypt is still one of the largest economies in the world and the region.

The Prime Minister continued: "Estimates are that Egypt will be, in 15 to 20 years at most, among the 10 largest economies in the world," adding: "Therefore, the growth rates of these large economies are not as easy as countries that are still at the beginning of the path and have limited economies."