Sisi, PM discuss incentives to empower private sector

President Abdel Fattah El-Sisi said Tuesday a legislative and regulatory framework, as well as incentive initiatives should be launched to attract more foreign investment and empower the private sector. 

In a meeting with Prime Minister Mostafa Madbouly and Hassan Abdullah, Governor of the Central Bank, the president said maintaining the improvement in macroeconomic indicators is also important to ensure the effective implementation of development programs.

The top officials tackled macroeconomic indicators, government efforts to enhance the performance of the country's banking sector, and indicators related to strengthening the country's foreign exchange reserves and ensuring the continued availability of sufficient foreign exchange reserves, as well as reducing inflation rates.