She urged governments to allocate portions of their budgets to priority projects and highlighted the importance of prioritizing infrastructure projects that can attract private sector investments and foster public-private partnerships
Kamali further stated that the meeting reaffirms Egypt's keenness and belief in the financing issue.
El Said, speaking at the Joint annual meeting of the Arab financial institutions in Cairo, mentioned that the government is presently engaged in evaluating offers and intends to make a selection soon
El Said underscored the IMF’s forecast for Egypt’s growth in FY2024/2025, reported at 4.4%, noting that it was higher than the country’s own estimate of 4.2%
The government's move to establish a cap on public investments signifies a larger plan to regulate public finances and stabilize the economy amidst inflationary challenge