Finance Minister seeks closer cooperation with Mostakbal Misr to drive growth

Daily News Egypt
2 Min Read

Egypt’s Finance Minister Ahmed Kouchouk said the ministry is seeking to deepen cooperation with the Mostakbal Misr for Sustainable Development Authority across activities that support and accelerate national economic growth.

Kouchouk said the partnership will focus on implementing development projects capable of generating sustainable employment opportunities, while promoting broader private sector participation across key investment sectors. He added that efforts will also centre on maximising the utilisation of the state’s financial resources and assets in a way that diversifies income streams and enhances productivity.

The remarks came during a meeting with Bahaa El-Ghannam, executive director of Mostakbal Misr, at its headquarters, as part of ongoing efforts to strengthen coordination between the Ministry of Finance and the authority in support of Egypt’s sustainable development agenda.

Finance Minister seeks closer cooperation with Mostakbal Misr to drive growth

Discussions covered several priority areas, including supporting economic growth, raising employment levels, and encouraging investments that create sustainable job opportunities for young people. Both sides also explored mechanisms to develop small and medium-sized enterprises (SMEs) and expand private sector participation in development projects, in line with the state’s fiscal policy framework and Egypt Vision 2030 objectives.

For his part, El-Ghannam said that enhanced cooperation with the Ministry of Finance represents a key step towards accelerating comprehensive development. He reaffirmed the authority’s commitment to delivering national projects with lasting economic and social impact.

He added that the authority operates under an integrated vision aimed at optimising the use of state resources, fostering an attractive investment environment, and strengthening the role of the private sector as a core partner in development, supporting sustainable job creation and broader economic growth.

 

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