Finance min.: Egyptian economy managed to maintain resiliency in face of COVID-19 crisis

Finance min.: Egyptian economy managed to maintain resiliency in face of COVID-19 crisis

CAIRO - 29 October 2020: Finance Minister Mohamed Maait said the Egyptian economy managed to maintain resiliency in the face of the fallout of the coronavirus due to the historic economic reforms over the past few years.

During a meeting with Swiss Ambassador in Cairo Paul Garnier, Maait underlined that the government will continue structural reforms to be able to positively deal with domestic and international challenges.

He noted that Egypt was the only country in the Middle East and Africa to maintain the confidence of international rating institutions; namely Standard & Poor's Global Rating, Moody's and Fitch, during the hard period which the international economy faced during the COVID-19 pandemic.

The government is keen on promoting