CAIRO – Prime Minister Mostafa Madbouli presided Tuesday over a meeting of the government to follow up on the implementation progress of the initial public offering (IPO) programme.
The meeting was attended by Minister of Electricity and Renewable Energy Mahmoud Esmat, Minister of Finance Ahmed Kouchouk, Minister of Investment Hassan El Khatib, along with a host of officials from relevant ministries and authorities.
Madbouli said that the government intends to carry on with the IPO programme under its efforts to implement the “State Ownership Policy,” which primarily aims at enhancing the role of the private sector in economic growth and increasing its contribution to economic activities across various sectors.
The meeting reviewed the current situation of the IPO programme as well as the future plans for different sectors under this program, Spokesman for the Cabinet Mohammed El Homsany said.
