Egyptian President Abdel-Fattah al-Sisi directs to diversify the sources of financing and tools, and to provide broader and more flexible options, which will help attract new segments of investors.
This directive comes on the sidelines of a meeting with the Prime Minister and the Minister of Finance, according to the Egyptian Presidency's announcement.
Al-Sisi also emphasized the need to make progress in achieving the goals of the economic reform, while continuing to focus on precise timetables and clear indicators to measure the government's performance.
The meeting also discussed the results of a study on diverting some of the surpluses and funds of the state agencies to investment in government securities.
The Minister of Finance notes that this trend contributes to reducing the general budget's need for local and external loans.