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Banking leaders underscore crucial role of public-private partnerships in advancing development

At the Arab Banking Conference, Egyptian leaders stress PPPs' role in development, calling for innovative financing and risk-sharing models.
04.05.25 | Source: Daily News Egypt



Senior leaders from Egypt’s banking sector have reiterated the vital importance of public-private partnerships (PPPs) in supporting economic development during the Arab Banking Conference held recently in Cairo.





Tarek El-Kholy, Deputy Governor of the Central Bank of Egypt (CBE), emphasized that PPPs help ease the fiscal burden on national budgets while promoting equitable risk-sharing between the public and private sectors.


El-Kholy acknowledged that the Arab region faces numerous challenges—including climate change, elevated financing costs, and global economic volatility—but argued that PPPs offer exceptional opportunities under such conditions. By fostering collaboration and coordination among decision-makers and stakeholders, PPPs can strengthen Arab economies and accelerate progress.


He stressed that today’s complex economic environment—marked by both challenges and opportunities—demands a departure from traditional frameworks and a shift toward more innovative, flexible mechanisms for development financing.


Public-private partnerships have become a strategic imperative—not only as a source of funding, but also as a means to accelerate implementation, maximize operational efficiency, and ensure fair risk distribution,” El-Kholy said.



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