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Wednesday, 21 October 2020

Egypt's finance minister says ministry's new strategic plan has been finalised

Ahram Online , Friday 8 Mar 2019
Maait
Egypt’s Finance Minister Mohamed Maait (Photo: Al-Ahram)
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Egypt's Finance Minister Mohamed Maait inspected the new premises of the ministry in the New Administrative Capital on Friday.

Maait confirmed to reporters that the new strategic plan for the Ministry of Finance, which is the part of Egypt’s sustainable development strategy, Egypt’s Vision 2030, has been finalised. 

"We will adhere to the objectives and directions of this strategy adopted by the government," said Maait. 

The minister said that the strategic plan of the ministry was prepared and formulated by top and mid-level leaders at the ministry.

The aim is to make the Ministry of Finance more effective and efficient through the integration of different sectors of the ministry.

Maait said that the “great improvement” in all economic indicators reflects the strength of the Egyptian economy and its recovery from the effects of the economic crisis the country once faced. 

He added that this improvement has been confirmed by the international reports monitoring the performance of the Egyptian economy, which monitored the success of the Egyptian government in implementing its ambitious and comprehensive programme of national economic reform since summer 2016. 

This success was reflected with rising confidence in economic indicators, lower inflation rates and unemployment, as well as increasing investments.

The minister was accompanied on his visit by several senior officials at the ministry.

The minister also visited two religious buildings in the under-construction capital: he performed Friday prayers at the El-Fattah El-Alim Mosque and afterwards visited the Nativity of Christ Cathedral.

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