Parliamentarian: The Prime Minister’s announcement of the formation of advisory groups is a serious step to confront economic challenges
MP Ibrahim El-Deeb, a member of the House of Representatives, said that the announcement by Prime Minister Dr. Mostafa Madbouly, Forming specialized advisory groups to develop proposals to develop various sectors in the next stage, with the primary aim of promoting economic growth, developing the investment environment, and attracting more investments during the coming period.
Deeb explained, These groups will have a major role in removing any observations and increasing communication between the executive authority, the investment community, industrialists, agriculture and various sectors, at a time when countries aim to increase the empowerment of the private sector in various sectors, pointing out that the private sector acquired 63.5% of the total investments during The first quarter of the current fiscal year.
MP Ibrahim El-Deeb confirmed that this increase achieved by the private sector in the first quarter of the current fiscal year was the result of an increase in its share of soft financing, This reflects the important role that the private sector plays in the Egyptian economy, indicating that these groups that the Prime Minister announced that he is in the process of forming will be concerned with discussing some visions and proposals to deal with the economic challenges facing the Egyptian state, which witnessed a year Exceptionally due to the surrounding regional and international circumstances.
MP Ibrahim El-Deeb praised the 3.5% growth achieved by the Egyptian economy, saying: " These results mean that the Egyptian economy is moving in a positive direction, and that the package of measures that the state has taken and is continuing with these measures comes within the right framework and contributes strongly to advancing the economy during the coming period.
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