PLANNING AND ECONOMIC DEVELOPMENT MINISTER OF EGYPT H.E. HALA H. ELSAID - In recent years, Egypt made significant progress with macroeconomic reforms, which helped strengthen growth, reduce unemployment, increase foreign exchange reserves, and put public debt on a downward path. The Egyptian government has ambitious plans to strengthen private sector participation, streamline the investment framework and promote growth in forward-looking industries, including the renewable energy and ICT sectors. The government also has a holistic approach to promote sustainable development in the country, with significant focus on climate action, as Egypt gets ready to host COP27 in Sharm El Sheikh.
The Atlantic Council’s empowerME Initiative and GeoEconomics Center hosted a conversation with Egypt’s Minister of Planning and Economic Development and Chairperson of Egypt’s Sovereign Fund H.E. Hala H. Elsaid to discuss the opportunities and challenges faced by the Egyptian economy in 2023 and beyond.
ORIGINAL AIRDATE: 10/12/22