São Paulo – On May 5 and 6, the International Monetary Fund (IMF), the government of Egypt and the Central Bank of Egypt (CBE) will co-host a high-level conference in Cairo. The aim is to promote a higher economic growth and job creation in the country.
According to a IMF statement, the event’s purpose is to acknowledge the success of the macroeconomic stabilization achieved by Egypt and help build a consensus around the needed reforms to attain higher and more inclusive economic growth and create jobs sustainably to meet the needs of Egypt’s young and growing population.
The event will gather international and Egyptian high-level policymakers, plus other experts, to exchange ideas and perspectives on successful experiences of structural reforms around the globe – and how they can be relevant within the Egyptian context.
The IMF highlighted some topics to be discussed in the conference: the macroeconomic stabilization as basis for inclusive3 growth and job creation; successful reforms strategies and lessons from other countries; and policies to promote private sector-led inclusive growth. Also in the schedule is a conclusion session, in which representatives from civil society and academic and private sector will voice their opinions.
“The conference will aim to shed light on global best practices and successful relevant experiences that can help enhance Egypt’s homegrown structural reform agenda and address its medium-term challenges,” says the statement.
Among the speakers are the country’s prime minister, Sherif Ismail, IMF First Deputy Managing Director David Lipton, Egypt’s CBE Governor Tarek Amer, and Egypt’s minister of Finance Amr El Garhy.
For further information on the conference, the IMF asks to contact, via email, Randa Elnagar (relnagar@imf.org) and the Fund’s office in Egypt (rr-egy@imf.org).
Translated by Sérgio Kakitani