24 August 2019 08:41 PM

Nasr: Three mln people benefit from microfinance

Friday، 11 January 2019 - 11:33 AM

Minister of Investment and International Cooperation Sahar Nasr stressed that supporting the finance of the micro projects is one of the government’s top priorities given its great role in stimulating growth and creating job opportunities.

She uncovered that the number of those who have benefited from financing the micro projects hit three million people.

At a round-table meeting held on Thursday on microfinance in Egypt, Nasr said that that this kind of finance contributes to achieving the financial inclusion upon the directives of President Abdel Fattah El Sisi.

Nasr affirmed that her ministry attaches great importance to this sector through engaging in international agreements with its development partners and friendly countries to provide finance and technical expertise needed in this field.

The coming phase targets linking the micro projects with the investment zones via the industrial blocs, Nasr said, adding that it also aims to greatly expand in the industrial and agricultural sectors.


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