Egypt’s President Abdel Fattah El Sisi called for enhancing the efficiency of the export support system and expanding the base of products benefiting from the system’s programs with a focus on industrial sectors of high added value.
The president’s remarks came during his meeting on Monday with Prime Minister Mustafa Madbouli and the Cabinet Economic Group, Presidency Spokesman Ambassador Bassam Radi said.
During the meeting, the president reviewed the basic indicators of the Egyptian economy during 2021, the status of the trade balance, exports and imports, as well as aspects of development co-operation with international partners.
The president urged enhancing the compatibility of various development finances with the national goals of sustainable development in all sectors as part of Egypt’s Vision 2030, Spokesman Radi said.
In relevant directives during the meeting, President Sisi called for direct and regular follow up, by the Cabinet ministers concerned, of developmental projects in their respective sectors and for immediate action to overcome any challenges or obstacles, in order to ensure the achievement of the desired results and benefit.
The meeting also featured a review of the axes of the state’s vision for optimizing the role of the private sector in the achievement of economic development, the spokesman said, adding that the economic indicators of the activities of both the public and private sectors and their contribution to the Gross National Product were also considered.
Source: The Egyptian Gazette
