Egypt’s government to hold international economic press conference

Egypt’s government is set to hold an international press conference next week to unveil the country’s vision on managing the current international economic crisis, said Prime Minister Moustafa Madbouly on Wednesday.

Madbouly said during a weekly Cabinet meeting that the press conference will discuss the plans and efforts by the country to attract foreign and local investments in line with directive of the Egyptian president.

In April, Sisi issued instructions the government to hold an international press conference on Egypt’s plan to deal with the international economic crisis in April during the annual Egyptian Family Iftar Banquet.

“A new unit in the Cabinet has been established under the President’s direct supervision to swiftly solve problems faced by investors.” Madbouly concluded.