16 October 2018 12:21 AM

UN lauds economic reforms in Egypt

Tuesday، 17 July 2018 - 01:38 PM
UN lauds economic reforms in Egypt

UN Deputy Secretary General Amina Mohammed has praised economic and social reforms in Egypt that helped improve economic performance in the Arab country. 

Mohammed, in a meeting with Egypt's Investment Minister Sahar Nasr, Planning Minister Hala el Saeed and Environment Minister Yasmine Fouad, said the UN sees Egypt as a model to follow where economic reforms are concerned.

The meeting was held on the sidelines of a high-level forum on sustainable development in New York earlier on Tuesday17/7/2018. 

Mohammed told the ministers she was particularly pleased with legislative and structural reforms meant to create an investment-friendly climate in Egypt, which is number 2 in terms of foreign direct investments in Africa. 

The meeting took up a number of development projects in Sinai and Upper Egypt. 

The projects are meant to upgrade the drainage and drinking water system, as well as education and women empowerment.

They also discussed means by which to activate a strategic framework agreement for partnership between Egypt and the UN worth 1.2 billion dollars, with Nasr stressing the need to address poorest and most-in-need areas in Egypt.

MENA



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