Ahmed Rostom, Egypt's Minister of Planning and Economic Development, held talks with a World Bank mission led by Stéphane Guimbert, the Bank's Regional Director for Egypt, Yemen, and Djibouti. The discussions centered on advancing joint cooperation and reviewing progress on the Public Finance Review report. Rostom reaffirmed the government's commitment to using the report to support economic reforms aligned with Egypt Vision 2030.
Egypt's Ministry of Planning and Economic Development hosted a meeting between Minister Ahmed Rostom and a World Bank mission led by Stéphane Guimbert, the Bank's Regional Director for Egypt, Yemen, and Djibouti. Senior ministry officials attended, along with representatives from the Ministries of Finance, Foreign Affairs, International Cooperation, and Egyptian Expatriates.
The talks focused on advancing the longstanding strategic partnership between Egypt and the World Bank Group, including a review of progress on the Public Finance Review (PFR) report being prepared in coordination with national entities.
Rostom described Egypt's relationship with the World Bank as a "comprehensive model of development partnership." He highlighted the PFR's role as a diagnostic tool assessing government project efficiency, alignment with national priorities, job creation, and sustainable growth. He stressed strengthening governance across the project cycle—from planning to evaluation—and integrating investment plans with the state budget to direct resources toward high-impact initiatives benefiting citizens.
Discussions also covered support for improving investment management, including innovative financing mechanisms to ease budget pressures, unified digital systems for project monitoring, better geographical investment distribution, and enhanced transparency. Both sides agreed to maintain close coordination and hold joint technical workshops to boost public investment efficiency, particularly in infrastructure, economic empowerment, and entrepreneurship.