The meeting, attended by senior Egyptian officials including Foreign Minister Badr Abdelatty and Egypt’s Ambassador to the United States Motaz Zahran, focused on the latest developments in Egypt’s economic reform programme and the impact of ongoing geopolitical tensions on regional economies.
Discussions covered the government’s fiscal and monetary policy package, as well as precautionary measures to strengthen the Egyptian economy's resilience. Both sides also reviewed multiple scenarios for addressing the regional crisis, including plans to sustain economic activity and attract foreign direct investment once conditions stabilize, as well as contingency strategies in the event of prolonged or escalating tensions.
Rostom underscored the importance of continued cooperation with the World Bank Group and its affiliated institutions to advance economic reform and support Egypt’s development trajectory.
He highlighted the government’s priority to expand private sector participation in infrastructure projects—particularly in energy and construction—through innovative financing tools and guarantees designed to reduce credit risk and incentivize private capital.
The minister also stressed the importance of cooperation on the “productive clusters” initiative, describing it as key to localizing industry and creating sustainable jobs in villages targeted under the presidential “Decent Life” initiative, shifting from direct support to economic empowerment and maximizing returns on rural infrastructure investments.
In addition, Rostom outlined government efforts to foster innovation and entrepreneurship by developing an integrated ecosystem that supports startups and facilitates access to finance and markets, in line with Egypt’s transition towards a knowledge-based digital economy.
The meeting concluded with both sides reaffirming the strength of the partnership between Egypt and the World Bank Group, and their commitment to continued technical coordination to advance Egypt’s Vision 2030 and achieve sustainable and inclusive development.
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