Egyptian Finance Minister Mohamed Maait announced on Friday that the government is preparing for a package of incentives for new and green industries, which target exports and reduce imports. Maait said, during his participation in the meetings of the British Egyptian Business Association (BEBA) trade mission in London, that agricultural and industrial investment are at the top of the presidential priorities to achieve food security for Egypt. Agricultural and industrial investment are at the top of the presidential priorities to achieve food security for Egypt, he said. The Minister of Finance added that the International Monetary Fund believes that the Egyptian economy is capable of recovering from the repercussions of the current global crisis. Maait pointed out that the program aims to complete structural reforms and enhance social protection.
