Egypt can post growth rate over 5%: World Bank’s official

Egypt can achieve a growth rate higher than the current 5 percent, said the World Bank’s Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Partnerships Mahmoud Mohieldin.

On the sidelines of a workshop on the implementation of Sustainable Development Goals (SDGs) in the Arab world on Sunday, Mohieldin told MENA that achieving growth rates is linked with investments in the field of human resources and infrastructure.

He highlighted the importance of promoting investments in the governorates, which will enable Egypt to achieve a quantum leap in creating job opportunities.

The state, represented by the planning ministry, pays special attention to promoting investments in governorates in cooperation with the investment ministry to maximise the benefit of the economic reform programme.

Source: MENA