The Prime Minister continues efforts to stimulate the climate to attract investments and develop trade movement

Prime Minister Dr. Mustafa Madbouly met today, Monday, with the Minister of Investment and Foreign Trade, Eng. Hassan Al -Khatib, to follow up on a number of ministry’s work files. A climate to attract investments and the development of foreign trade movement, in an effort to improve the competitiveness of the Egyptian economy, and at the forefront of this standing on the steps taken to simplify the procedures and approvals for the field of investment, as well as the recently approved facilities package, regarding the procedures for release of imported goods, the development of the customs system, and the promotion of Export and Import Control procedures. Which is issued annually by the World Bank Group for the evaluation of the investment climate and the ease of business in different countries, pointing to the importance of this report as it represents a strategic reference for the reforms that each country implements to find an attractive competitive investment environment, as well as a major reference for local and foreign investors in making their decisions, and standing on the extent of the extent The success of the governments in providing an appropriate climate for investment, as it has a clear impact in shaping the mental image of the country’s business environment and climate for investors, and therefore, the improvement of the state’s arrangement in the report is enhanced; It is its attractiveness as a major investment destination and improves its competitiveness regionally and internationally. Through the efficiency of legislative and legal frameworks, their stability and clarity, as well as & quot; the quality of public services & quot; Through digital transformation; Integration and coordination between government agencies in providing services; Enhancing the role of the private sector in this framework, and also & quot; operational efficiency & quot; The efficiency of providing services includes analogy by facilitating procedures, time and cost. And the axis of the business site with a total of 126 sub -indicators, the axis of public utilities services with a total of 102 sub -indications, the employment axis with a total of 64 sub -indicators, the financial services axis with a total of 37 sub -indicators, the axis Dispute settlement with a total of 69 sub -indicators, the axis of competition in the market with a total of 174 sub -indications, and the axis of the company’s insolvency with a total of 49 sub -indicators.

& nbsp; Work to prepare for the pre -preparation for Egypt’s joining the 2026 report, pointing out in this regard to the procedures and steps related to this accession, including the analysis of the report methodology and the calculation of each indicator, the elements of the questionnaire, and the best international practices, as well as preparing a matrix with proposed reforms in various indicators of the report According to the best international practices, in an effort to improve Egypt’s ranking in the report indicators. Study the report immediately after its issuance and analysis of Egypt’s arrangement in its indicators, and see the best international practices, in addition to following up the implementation of reforms and preparing a matrix with the proposed integrated reforms, in preparation for the report on the year 2027.

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drew Engineer Hassan Al -Khatib to the role of the National Committee for the Business Reading Report, concerned with taking the necessary measures to prepare for the pre -preparation of Egypt’s joining the report, and emphasizing the importance of expanding its jurisdiction to include following up the performance of indicators before and after the issuance of the report.

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