Cabinet: The proposals being prepared include shares in several companies and banks – Youm7

Dr. contract Mustafa MadboulyToday, the Prime Minister held a meeting; In terms of following developments Government recommendations programIn the presence of Hassan Abdullah, Governor of the Central Bank, Dr. -Khatib, Minister of Investment and Foreign Trade, and Engineer Karim Badawi, Minister of Petroleum Resources and Mining, Yasser Sobhi, Deputy Minister of Finance for Financial Policies, Rami Abu El Naga, Deputy Governor of the Central Bank, and officials from ministries appropriate and authorities.

At the beginning of the meeting, he noted prime minister By holding this meeting, which is within the framework of following improvements in the proposal program, it confirms how serious the state is in completing this important program, which according to the efforts of the government and all parties concerned to implement the “State Property Policy”. document, which aims to increase the role of the private sector in economic development, increasing its contribution to various sectors of the national economy, encouraging institutional investment and improving the business environment, as well as the restructuring of some state-owned assets.

In this context, he emphasized Dr. Mostafa Madbouly The government continues to finalize those steps and measures it has taken since the announcement Thesis programBased on a complete confirmation of the importance of maintaining this program, through continuous cooperation and coordination with several international institutions specialized in this regard to obtain the necessary technical support to improve the efficiency levels of the holding companies increase state and their increase. levels of commitment to transparency and regulatory standards, in a way that ensures competitive neutrality, with the aim of obtaining the maximum return on assets owned by the state.

Councilor Muhammad Al-Homsani, the official spokesman for the Presidency of the Council of Ministers, said that the meeting addressed the current situation of the Government recommendations programBy reviewing what has been completed so far, as well as what is expected to be offered during this year, as well as what is being prepared to be offered in various sectors, ‘ show that the offers include shares in several companies and banks.

The official spokesperson said that the meeting emphasized the importance of the government continuing with the program of proposals in the coming period. Which contributes to the expansion of the property base in Egyptian Stock Exchange Attracting direct investments, and continuing to work on diversifying the program to different economic sectors.

That was also confirmed Government recommendations program It increases the state’s ability to meet financing needs, as well as contributing to attracting more investment flows, increasing the role of the private sector in economic activity, and increasing its participation in public investments in the coming years contributing to give a strong impetus to efforts to empower the private sector.