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Asharq Al-Awsat
Asharq Al-Awsat
Business
Cairo - Asharq Al-Awsat

IMF Asserts Private Sector's Role in Boosting Egypt’s Economy

Non-oil private sector activity contracts for the 16th month in a row (Reuters)

The International Monetary Fund stressed the role of the private sector in boosting the Egyptian economy, currently facing ongoing challenges and difficulties.

IMF Middle East and Central Asia Director Jihad Azour said in a press conference that the role of the private sector in Egypt is essential, and the state should support it.

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