WB president praises Egypt’s economic reform program

World Bank (WB) President Jim Yong Kim praised Egypt’s economic reforms and its efforts to lure more direct foreign investments to the country, the Ministry of Investment and International Cooperation said in a statement last Friday. Speaking at a celebration marking the 30th anniversary of the establishment of the Multilateral Investment Guarantee Agency (MIGA), Kim indicated that the Egyptian economic reform program is among the relevant success stories around the world, praising the courageous steps taken by the Egyptian government in this regard.