News Alert: The Cabinet Announces the President's Approval of the "State Ownership Policy Document."
Update Date: 28/12/2022
The Cabinet approves the final version of the state ownership policy document in preparation for submitting it to the President, an essential phase in the course of economic reform in Egypt
The Council of Ministers, during its weekly meeting today, chaired by Dr. Mostafa Madbouly, The Prime Minister, approved the final version of the state ownership policy document; As a prelude to submitting it to President Abdel Fattah El-Sisi, President of the Republic.
The Prime Minister stated That the primary objective of the "State Ownership Policy" document is to establish a clear and specific regulatory framework, through which the relationship between the state and the private sector in various economic activities is regulated, and at the same time works to reassure investors at home and abroad of their investments; whether in the medium or long term.
The Prime Minister confirmed that, after presenting this vital document to His Excellency the President, we will begin a new phase of work and effort in accordance with this regulatory framework.
Source:The Egyptian Cabinet Facebook page
Comments