EL-Khatib : Gov’t implementing comprehensive economic reform

Minister of Investment and Foreign Trade Hassan el Khatib asserted that the Egyptian government went a long way in implementing the comprehensive economic reform plan via applying an economic roadmap that includes urgent steps and necessary structural reforms that contributed to restoring Egypt's position on the global economy map and improving the classification of the Egyptian economy. This came during Khatib's speech in the golden jubilee of establishing the General Organisation for Export and Import Control (GOEIC) in presence of a number of ambassadors and representatives of international organizations. The measures taken by the Egyptian government in the field of setting the investment atmosphere contributed to making Egypt one of the most important destinations of regional and international investments, he said, adding that investments also contributed to making the indexes of the Egyptian economy positive including the decrease in the budget deficit, increase in local production, decrease in unemplo yment rates and the improvement of trade balance deficit. The GOEIC represents a main axis as part of the strategy of the Ministry of investment and Foreign Trade that aims at promoting foreign trade of Egypt and achieving the goals of the ministry's plan, he noted. Source: State Information Service Egypt