Rafah Crossing 'never been closed for one day' from Egypt: PM    Egypt will keep pushing for Gaza peace, aid: PM    Remittances from Egyptians abroad surge 70% YoY in July–May: CBE    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    Egypt's current account gap narrows, but overall BoP records deficit    Al-Sisi urges accelerated oil, gas discoveries, lower import bill    SCZONE signs $52.6m textile industry deals during China investment tour    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    EGX to close Thursday for July 23 Revolution holiday    Egypt, Senegal sign pharma MoU to unify regulatory standards    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Al-Mashat, US congressmen discuss support of Egypt's economic reforms' 2nd phase
Congress allocates $125m for Egypt's reforms in 2020, says ministerial statement
Published in Daily News Egypt on 29 - 02 - 2020

Egypt's Minister of International Cooperation Rania Al-Mashat and members of the US Congress, discussed the latter's financial support of the economic reform programme's second phase that will aim at implementing structural reforms in different sectors, boosting private sector's activities, and accelerating economic growth, a ministerial statement said on Saturday.
Al-Mashat stressed the importance of the economic partnership with the US agencies over the meeting with congressmen that took place during her current visit to the US, adding that the Egyptian economy is developing very well as it successfully ended the first phase of reforms that focused on monetary and financial measures. The second phase aims at sustaining the good results of the programme.
Al-Mashat's discussions with the Congress members also touched on the effectiveness of the American economic assistance to Egypt in light of the recent decision of the Congress that allocates $125m in 2020, the statement further added, noting that Al-Mashat highlighted Egypt's success stories in the fields of development and women empowerment.
Al-Mashat met with Dutch Ruppersberger who co-chairs the Congressional Friends of Egypt Caucus, where she thanked him for his efforts that support Egypt's issues through the Congress
Al-Mashat asserted the historic relations with the US, expressing the Egyptian government gratitude for the Congress role in strengthening the economic partnership between both countries.
Egypt looks forward to boosting the cooperation with the US in the developmental fields in favour of both countries' peoples, she said.
For their parts, the Congress members praised the developments that the Egyptian economy is witnessing, asserting the importance of boosting the economic and developmental relations between both countries over the next period.
Moreover, Al-Mashat discussed with the president of the World Bank Group (WBG), David Malpass, expanding fields of cooperation through future strategic partnership, during her current visit to the US. Both sides also discussed deepening the developmental and economic cooperation with the WBG in addition to boosting the group's portfolio in the fields of comprehensive health insurance, social housing projects, and documenting lands property in addition to financial inclusion and facing climate change.


Clic here to read the story from its source.