Denis Opudo
Egyptian President Abdel Fattah El Sisi has been successful in his quest to do away with challenges hindering development in the country. The president came up with good and elaborate plans that have led to the country’s economic success. World Bank (WB) through its President Group Jim Yong Kim took note of the efforts made. Kim lauded the steps achieved in the Egyptian economy and legislation to attract more investors.
According to Kim, WB is working on investing in health, education and protecting social being so as to increase economic growth. Kim met with Sahar Nasr Minister of Investment and International Cooperation. The meeting took place during the Spring Meetings of World Bank in Washington. Various dignitaries attended the meeting including Tareq Shawqi, the Egyptian Education Minister, and many other bank officials.
According to Nasr, the government is committed to investing in human and this was on top of its agenda. She went ahead to thank the bank for offering their support in the initiative of education development through 500 million dollar donation. The government is putting everything in place to ensure that Sinai’s development is completed within the shortest time possible in line with the president’s directives.
The two parties also talked about the WB’s support to the energy sector. Nasr was in charge of Africa Gathering meeting that was attended by the WB president and the African governors in the World Bank. Egypt has decided to put much of its focus on constructive meeting that will help them attain its development growth. The country has decided to take a different path in 2019. This is by ensuring that there is sustainable development in the country. Nasr had a chance to attend the International Finance Corporation meeting. The meeting was working under the theme Partnership for prosperity Entrepreneur and comprehensiveness. According to Nasr, the government is working to help investors play a critical role in the country’s development process.
