CAIRO - 30 March 2020: Prime Minister Mostafa Madbouli stressed that the developing and least developed countries currently faced a critical economic situation due to the coronavirus outbreak. The premier on Monday delivered Egypt's speech, on behalf of President Abdel Fattah El Sisi, before the United Nations at a virtual videoconferencing meeting at the level of heads of states and governments to discuss the crisis of global debts and liquidity during and after the coronavirus spread. He welcomed all parties participating in the meeting, including his Canadian and Jamaican counterparts and the UN Secretary-General. The premier stressed the national program of economic reform had enabled Egypt to overcome such crises, reaffirming that Cairo supports all relevant international initiatives to face the debts and liquidity-related challenges. Madbouli emphasized the need to support African countries to gain access to Covid-19 vaccinations and speed up their economic recovery.

Source: Egypt Today March 30, 2021 13:18 UTC