Egypt’s Sisi praises govt’s Covid-19 economic performance

Egyptian President Abdel-Fattah el-Sisi hailed the economic performance of his government despite the impacts of the Covid-19 pandemic, commending the positive outlook of the country’s economy as stated by world financial institutions, including the International Monetary Fund (IMF).

The government’s efforts “were praised by major international financial institutions, foremost of which is the official announcement of the IMF experts that the performance of the Egyptian economy has exceeded expectations”, Sisi said.

He hailed the ability of the Egyptian economy to deal with the pandemic, attributing it to “the accurate implementation of the economic reform program.”

On Thursday, IMF experts said in a statement that “the Egyptian economy has performed better than expected despite the pandemic”.