Egypt’s Prime Minister Mostafa Madbouli on Saturday said that the state has attained unprecedented achievements in all spheres throughout more than nine years.
The premier was speaking at the “Story of Homeland… Between Vision and Achievement” conference, in the presence of President Abdel Fattah El Sisi.
“It’s a great honor and enormous responsibility to be standing before you today to review achievements made by the state over more than nine years in all domains to serve citizens,” Madbouli said.
He added that: “Such achievements are unprecedented and have never been witnessed since centuries.”
The prime minister said the global economic crisis has caused massive challenges, leaving all world countries – specially the developing ones – suffering inflation and hiking prices.
“The citizen always wonders when could our economy be as strong as the economies of Japan, Korea, China, Germany, or even Malaysia, which has now become one of the developed nations,” Madbouli said.
The developed nations with strong economies like Malaysia, Singapore and Germany have passed through tough times that required constant hard work over decades, Madbouli said.
He added that Singapore had maintained continued efforts for more than 20 years in order to achieve development.
Prime Minister Moustafa Madbouli, while addressing “Story of Homeland… Between Vision and Achievement” conference, in the presence of President Abdel Fattah El Sisi, said that the success stories of developed countries prove that development has been their top priority and a solution to their problems.
He added that setting up projects, adopting an ambitious national strategy, alongside boosting the expenditure is key for ensuring development of nations.
The premier highlighted the significance of the infrastructure in luring investments, noting that Malaysia, Singapore, Germany and China have invested almost 20-40 percent of their GDPs in the development of their infrastructure for decades.