Minister of Planning and International Cooperation: Egypt has implemented financial and monetary reforms since March 2024 to consolidate the stability of the economy

& nbsp; Minister of Planning, Economic Development and International Cooperation, Dr. Rania Al -Mashat, confirmed that Egypt has implemented financial and monetary reforms since March 2024 to consolidate the stability of the macroeconomic and enhance the shift towards economic growth led by the private sector. Economists for the Middle East and North Africa region at the World Bank, during the event organized by the bank to launch & laquo; Growth Academy & Raquo; For the Middle East and North Africa region, with the participation of representatives of a number of countries in the region, including Morocco, Iran, Turkey, Tunisia, Algeria, Djibouti and Nigeria, where the academy comes within the framework of systematic transformation in the role of the World Bank, to become a bank of knowledge, in a way that expands the process of exchanging solutions and development experiences, formulating global dialogues on development challenges, and supporting countries, especially developing countries to continue their development path in light Complex global challenges.

& nbsp; To the growth based on the sectors that can be traded and export and increases employment rates, through the implementation of the National Sardness for Economic Development.

& nbsp; An integrated mix of policies and reforms with the position of targeted a clear amount in the short, medium and long -term term, in response to the increasing need for a unified national narrative formulation for economic development, which strengthens consistency between various government agencies, and contributes to directing national efforts towards common priorities, in a way that ensures the optimal use of resources. Building a more flexible and more flexible economy to adapt to global changes.

& nbsp; Growth. For structural reforms that the state is working to implement in the framework of 3 main pillars: enhancing the steadfastness and stability of the macroeconomic economy, improving the business environment and enhancing the competitiveness of the economy, and supporting the green transformation. For Egypt, in addition to the opportunities available in the fields of investments, manufacturing and renewable energy, explaining that international cooperation enhances bilateral and multilateral economic partnerships to contribute to advancing growth and employment. The developments, because of its serious repercussions on employment opportunities, and the ability of countries to attract investments, as well as their ability to turn into productive and innovative economies. Adopting artificial intelligence, as there are countries that have come a long way and have become a pioneer in that field, and there are other countries that have just started or are still trying to catch up with the knees, stressing the need to realize the importance of artificial intelligence and how it can be translated into clear policies that enhance development efforts in various sectors. International, where the World Bank presented a clear framework that includes five major sectors that countries should focus on; It is the infrastructure, energy, health services, tourism, and high -value manufacturing, explaining that these five sectors are very suitable for the countries of the Middle East and Africa, where most of them possess tourism capabilities, and natural resources that can be used in manufacturing, and they have great opportunities in the field of renewable energy. The major in the Egyptian government’s agenda, especially in this delicate stage that the global economy is going through, stressing that providing good job opportunities is one of the most prominent goals for any government, especially today in light of the increasing economic and social challenges.

& nbsp; Stable, it contributes to reducing unemployment rates, especially among young people, explaining that the private sector plays a pivotal role at this stage, by identifying the skills required in the labor market, and establishing effective partnerships between the public and private sectors to establish vocational training centers based on actual needs.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and