Egypt saw highest growth rate among 39 countries where EBRD operates: Official

  • Date: 30-Nov-2020
  • Source: Ahram
  • Sector:Economy
  • Country:Egypt
  • Who else needs to know?

Egypt saw highest growth rate among 39 countries where EBRD operates: Official

Harmgart praised the performance of the Egyptian economy, discussing existing projects between Egypt and the bank as well as the prospects for developing areas of cooperation







Lamis ElSharqawy, Sunday 29 Nov 2020







Egyptian Foreign Minister Sameh Shoukry during his meeting with the managing director for the EBRD's Southern and Eastern Mediterranean region Heike Harmgart in Cairo, 29 November 2020. (Photo courtesy of the Egyptian foreign ministry official Facebook page)













Egypt achieved the highest growth rate among the 39 countries where the European Bank for Reconstruction and Development (EBRD) operates, a senior bank official told Egyptian Foreign Minister Sameh Shoukry in a meeting on Sunday.

According to an official statement, Egypt's foreign ministry said Shoukry met in Cairo with Heike Harmgart, the managing director for the EBRD's Southern and Eastern Mediterranean region.

Harmgart praised the performance of the Egyptian economy, discussing relations and existing projects between Egypt and the bank as well as the prospects for developing areas of cooperation during the next phase.

The EBRD official confirmed the bank's wish to strengthen cooperation with Egypt in terms of focusing on promoting growth for the