Egypt aims at raising the economic growth rates to reach 7-8 percent by 2022, Planning Minister Hala el-Saeed said Wednesday. She added that the axes of the economic reform program include institutional reforms which resulted in the issuance of a group of regulations, such as the investment law and bankruptcy law to encourage SMEs and to attract investors besides involving the informal sector. The minister made these comments during her closing speech of the Euromoney Conference. Regarding the partnership between the public and private sectors, she said that Egypt took measures to boost this partnership, including the economic reform program which encourages investors to invest in Egypt and through creating opportunities of partnerships via the state IPOs program. Regarding gross domestic product (GDP), the minister clarified that the state targets a rate of 8 percent by the end of the upcoming four years. She noted that the GDP recorded 5.3 percent in 2017/2018, recording the highest rate in 10 year and marking a continuous growth for the sixth quarter in row.