Egypt’s planning minister discusses economic empowerment in villages targeted by ‘Decent Life’ with banks’ CEOs

Egypt’s planning minister discusses economic empowerment in villages targeted by ‘Decent Life’ with banks’ CEOs

CAIRO - 15 Februay 2021: Dr. Hala El-Said, Minister of Planning and Economic Development, held a meeting via video conference technology to discuss a strategy for economic empowerment in villages that will be developed in the next phase of the presidential initiative "A Decent Life".

 

The meeting included Dr. Yasmine Fouad, Minister of Environment, Dr. Maya Morsi, Chairman of the National Council for Women, Mr. Tarek Fayed, Chairman of the Board of Directors of Banque du Caire, and Mr. Alaa Farouk, President of the Agricultural Bank El-Masry, engineer / Osama Saleh, president of AYADY company, and engineer Amr Abu al-Azm, president of a finance company.

 

During the meeting, the experiences of the entities and institutions participating in financing micro-projects that are commensurate with the nature of the Egyptian countryside were discussed and reviewed.

 

The meeting also discussed how to benefit from these experiences in formulating mechanisms for financing small and micro projects as part of decent life intervention.

 

Dr. Nada Masoud, Economic Advisor to the Minister of Planning and Economic Development, gave a detailed presentation on the proposed strategy for economic empowerment in the villages of a decent