Politics
Egyptian ministers open World Bank talks at Bangkok annual meetings
October 13, 2026 at 03:59 PM
Egypt's planning and foreign ministers met World Bank Chief Economist Michael Kremer in Bangkok to review economic growth and development cooperation.
- Planning Minister Ahmed Rostom and Foreign Minister Badr Abdel Atty met Michael Kremer at the IMF and World Bank Group annual meetings in Bangkok, running October 12–18.
- Rostom said Egypt's economy grew 5.1 percent last fiscal year, with the private sector contributing 57.7 percent of total investments.
- Abdel Atty said Egypt completed the second phase of the World Bank's Development Policy Financing program and is preparing its final phase.
- Rostom and Abdel Atty held talks with Kuwaiti Finance Minister Yacoub Al-Rifai on financing Egyptian infrastructure projects through the National Investment Bank.