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WB top official: Economic reform in Egypt "story of success"
Published in The Egyptian Gazette on 03 - 07 - 2018

CAIRO, July 3, 2018 (MENA) - Mirza Hassan, executive director and dean of the board of executive directors at World Bank Group, lauded the economic progress realized by Egypt, considering the economic reform in Egypt as a "story of success."
He said Egypt's recently-issued legislation contributed to improving the investment climate.
The bank underlined keenness on offering all needed support for Egypt's efforts for economic and social reform.
He made the remarks during a meeting on Tuesday with Investment and International Cooperation Minister Sahar Nasr. The meeting came during his current visit to Cairo which falls within the framework of following up the development programs being implemented in Egypt in tandem with the World Bank.
Talks between the two sides tackled means of boosting the bank's support for national education, health and social protection programs as well as reconstruction projects in Sinai.
Nasr praised the bank for extending about dlrs 500 million for developing the national educational strategy and dlrs 530 million for upgrading the health sector.
Hassan said the bank decided to support these sectors in view of the reform measures taken by Egypt in this respect.


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