Egypt’s Economic Conference 2022 kicks off in presence of President Sisi

Ahram Online , Sunday 23 Oct 2022

Egypt is among the most affected countries by the global economic crisis, and establishing a road map for the economy requires recognising the challenges we face, said Prime Minister Mostafa Madbouly.

Mostafa Madbouly

The prime minister made his remarks in the opening speech of the Egyptian Economic Conference 2022 that kicked off on Sunday in the New Administrative Capital east of Cairo in the presence of President Abdel-Fattah El-Sisi.

"Egyptian Economic Conference 2022 comes amid one of the worst global economic crises in 80 years," added Madbouly about the conference that is centered around the theme: “a roadmap to a more competitive economy.”

Senior government officials, high-profile economists, intellectuals, thinkers, specialists, businessmen, as well as representatives of more than 80 political parties and parliament members are attending the three-day event.

The EEC 2022 was called for by El-Sisi in early September when he urged the government to organise an economic conference to discuss the present economic conditions to boost all sectors of the domestic economy.

The government has affirmed that the conference seeks to draw up an economic roadmap for Egypt and reach a common agenda on the country's economic priorities in the coming stage.

The conference will include three tracks: macroeconomic policies, widening the scope of private sector contribution to the national economy, and drawing up a roadmap for the Egyptian economic priorities in the coming stage, the Cabinet noted on Saturday.

The Cabinet also indicated that the conference will focus on the government's state ownership policy document, which aims to raise the private sector's contribution to the national economy to over 65 percent.

Meanwhile, El-Sisi has instructed Prime Minister Madbouly to put eight questions raised by the national dialogue's subcommittees on the government's economic policies in the coming stage on the table of the debates of the economic conference.

The national dialogue's general coordinator and head of the Press Syndicate Diaa Rashwan revealed on 20 October that the dialogue's economic subcommittees had sent eight questions to PM Madbouly, asking him to put them on the agenda of the debates of the economic conference.

The conference will review the prominent conclusions and recommendations reached during the conference concerning the policies required to face the current challenges in the Egyptian economy.

The conference will also have roundtable sessions with the participation of government representatives, including the prime minister, as well as intellectuals, economists and representatives of political parties.

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