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Egypt to launch $5bln in projects to boost economic growth

Egypt’s government plans to launch $5bn worth of projects from October 2023 to June 2024, as part of a broader effort to support the private sector and boost economic growth.

Osama El Gohary, Assistant to the Prime Minister and Head of the Cabinet Information and Decision Support Center (IDSC), revealed that the government will implement a package of 27 reform measures divided into three main areas: asset sales and IPOs, attracting private sector investments, and governance and transparency.

Link: https://www.zawya.com/en/economy/north-africa/egypt-to-launch-5bln-in-projects-to-boost-economic-growth-r8z9h7pa

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