IMF, Egypt to host inclusive growth, job creation conference next month

The International Monetary Fund and Egypt’s central bank and government will co-host a high-level conference in Cairo on May 5-6.

The conference is designed to promote higher economic growth and job creation in Egypt, according to the IMF release on Friday.

The aim of this event is to recognise the successes in macroeconomic stabilisation that Egypt has achieved, and to help in building consensus among stakeholders around the reforms needed going forward to attain higher and more inclusive growth and create jobs sustainably to meet the needs of Egypt’s young and growing population.

The conference aims to shed light on global best practices and successful relevant experiences that can help enhance Egypt’s homegrown structural reform agenda and address its medium-term challenges.

The conference will bring together international and Egyptian high-level policymakers and other experts to exchange perspectives, and to reflect on successful international reform experience and how these could be relevant in the Egyptian context.

Key topics to be discussed at the conference will include macroeconomic stabilisation as the foundation for inclusive growth and job creation; successful reform strategies and lessons from other countries; and policies to foster inclusive private sector-led growth. The concluding session, in which a broad cross-section of representatives from civil society, academia and the private sector are expected to participate, will aim to draw implications for Egypt’s goal of higher, inclusive and more sustainable growth.

Egypt’s Prime Minister Sherif Ismail, IMF First Deputy Managing Director David Lipton, central bank governor Tarek Amer, and Minister of Finance Amr el-Garhy will be among the speakers.

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