Maait pointed out that African countries are facing a decline in public health conditions due to international tensions.
Egypt provides exceptional support to strengthen comprehensive health insurance and health care systems in Africa, Minister of Finance, Mohamed Maait said during the meeting with African finance ministers on the sidelines of World Bank and IMF Spring Meetings.
Maait pointed out that African countries are facing a decline in public health conditions due to international tensions.
These tensions have caused an increase in inflation, resulting in higher prices for basic goods and services.
The Minister emphasized the significance of international financial institutions in offering sustainable funding to developing economies.
This support will contribute to enhancing healthcare services in African nations, mitigating the adverse effects of climate change, and facilitating a gradual shift towards a green economy.
He expressed Egypt’s keenness to transfer the experience of comprehensive health insurance to African countries. This will boost the private sector’s role in this field.
Recently, Minister of Finance, Mohamed Maait, confirmed that Egypt is supporting the private sector with full force to lead the Egyptian economy and occupy more 65 to 70% of the size of the market.
Egypt is currently placing focus on raising the rates of local production and export, pointing out that the government set a limit for the state’s public investments at EGP one trillion in the next fiscal year. This is to leave space for the private sector in line with the government’s offerings program to grow, achieve economic growth, and provide a million job opportunities annually.
