Finance minister meets with $280bn investment fund leaders to discuss further opportunities

Daily News Egypt
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Finance Minister Amr El-Garhy is scheduled to meet  on Thursday with leading investment fund leaders with total assets under management of $280bn discuss with them further opportunities, according to a press release.

El-Garhy, who is in Washington, D.C, will attend annual meetings of the IMF and the World Bank and will discuss Egypt’s latest macroeconomic developments and fiscal policy reform updates, CI Capital said in a Thursday statement.

“Such meetings build an effective, if not grounded, bridge between investors and policymakers, providing a clear roadmap for investors in the medium- and long-term horizons, as well as an increased level of transparency,” managing director of CI Capital, Karim Khadr, said.

Next week, CI Capital will organise a second round-table meeting in London between El-Garhy and institutional investment firms holding $276bn in assets.

El-Garhy arrived to Washington Wednesday, along with Deputy Minister of Finance for Fiscal Policies Ahmed Kouchouk and Deputy Minister of Finance for Budget Affairs Mohamed Maeet.

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