Egypt launches initiative countering coronavirus economic implications

Egypt’s Ministry of Planning launched on Tuesday Misr Hat’aady (Egypt will pass) initiative to encourage the private sector to retain its workforce and to provide new job opportunities in an attempt to counter the economic implications of the global Covid-19 pandemic.

Ministry spokesman Ramy Galal said the initiative calls upon civil society and businesspersons to provide their services online so they can keep the health of their workers safe and boost the national economy, Ahram Online reported.

The initiative was launched in partnership with Terous Misr Foundation and number of businessmen and companies owners, a statement by the ministry read.

Minister of Planning Hala El-Saeed said the initiative aims to keep the gains of Egypt’s economic reform programme implemented since November 2016, which helps the government undertake health, social and economic procedures for fighting the pandemic.

El-Saeed added that these economic and social measures are in line with the national sustainable development agenda and UN Sustainable Development Goals (SDGs).

El-Saeed noted that participation in the initiative is open to all businesses and companies.