Egypt shows improvements in infrastructure, managing public funds- report
Monday، 21 October 2019 - 01:18 PM
Egypt has showed an improvement in the fields of infrastructure and managing public funds, a recent report published by Ibrahim Index of African Governance (IIAG) has concluded.
Meanwhile, the report said that Egypt has witnessed a decline in the indicator of banking operations due to the red tape and excessive bureaucracy, which are negatively affected on company operations.
Besides, Egypt also retreated in the IIAG’s sustainable economic opportunity, business climate, and taxes indicators.
The Ibrahim Index of African Governance (IIAG) is a tool that measures and monitors governance performance in African countries.
The Mo Ibrahim Foundation defines governance as the provision of the political, social and economic public goods and services that every citizen has the right to expect from their state, and that a state has the responsibility to deliver to its citizens.
The key components that form the four categories of the IIAG are Safety & Rule of Law, Participation & Human Rights, Sustainable Economic Opportunity and Human Development. Each of these categories contains subcategories under which we have organized various indicators that provide quantifiable measures of the overarching dimensions of governance.
The Index provides data measuring the governance performance across all the dimensions described above for all 54 African countries for the years from 2008-2017.