Zoellick meets Egypt's Mubarak for fiscal reforms

World Bank head Robert Zoellick conferred with Egyptian President Hosni Mubarak to discuss economic reforms for the country. The meeting was geared at “assessing the type of aid Egypt needs, whether financial or technical,” the pace of the country’s financial reforms, the bank’s funding of infrastructure, and the execution of poverty reduction policies. “If you look at Egypt, one of the challenges will be, can people create jobs and opportunity and have a sense that the government is meeting social needs,” said Zoellick. In September, the financial institution named Egypt as the world’s “leading reformer” after the implementation of reforms in the country boosted its position in international rankings on the ease of doing business. (Source: World Bank chief meets Egypt’s Mubarak on economic reforms/Agence-France Presse)

About the author

Join the Discussion