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PM: Gov’t keen on continued coordination with EGX to achieve financial inclusion

PM: Gov’t keen on continued coordination with EGX to achieve financial inclusion

April 11, 2022
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PM: Gov’t keen on continued coordination with EGX to achieve financial inclusion

by Gazette Staff
April 11, 2022
in Egypt
PM: Gov't keen on continued coordination with EGX to achieve financial inclusion 11 - Egyptian Gazette
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CAIRO – Egyptian Prime Minister Moustafa Madbouli underlined the government’s keenness on continued coordination with the Egyptian Exchange (EGX) board.

The government is interested in supporting an ambitious plan for achieving financial and investment inclusion as well as facilitating measures through digital transformation.

He made the remarks during a meeting on Monday with EGX Board Chairman Mohamed Faid.

The talks tackled EGX’s proposed plan for achieving digitization goals as well as getting a large number of citizens to invest in the bourse.

This will contribute to encouraging foreign investments and securing needed finance for achieving the sustainable development goals under Egypt Vision 2030.

For his part, Farid reviewed a number of EGX indexes over the past period as well as EGX’s proposed action plan and needed executive measures for putting it into effect.

He noted that the plan aims at increasing the number of companies listed in the bourse, boosting bourse’s competitiveness ability, promoting government IPOs and encouraging foreign capital investment, thus contributing to achieving the state’s sustainable development goals.

Tags: EGXEgyptFinancial inclusionPM

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