Pre-Trading Thoughts

Minister Moustafa Madbouly delivered his new government’s policy statement to the House of Representatives yesterday and delivered a speech to take MPs through the new government’s agenda over the next three years. Main points included (1) an average of 5% growth throughout the entire three-year period, (2) Private investment should make up 60-65% of total investment by 2030, (3) increasing FDI coming into the country by 14% every year, (4) Increasing the contribution of the industrial,...