Egypt to expand innovative long-term financing tools to support national, private projects

AI Summary

Egypt’s planning minister says the government is expanding long-term financing tools and diversifying funding sources for national and private-sector projects. The measures are part of structural reforms intended to give private businesses a greater role in economic growth, alongside a government IPO programme.

Ahmed Rostom, Minister of Planning and Economic Development, said the government is continuing structural reform efforts outlined in the State Ownership Policy Document and the government IPO programme to create greater space for the private sector to lead economic growth. He added that the government is expanding innovative long-term financing tools, diversifying funding sources, and […]