Egypt’s Finance Minister Ahmed Kouchouk and Rwandan counterpart Uzziel Ndagijimana discussed expanding private sector investments between their countries during a meeting on the sidelines of the International Monetary Fund (IMF) and World Bank meetings in Washington.

“We are focused on driving mutual investments between our private sectors across various economic and developmental sectors,” Minister Kouchouk said, emphasising the importance of collaboration to meet both nations’ development goals.

According to a ministry statement, Minister Kouchouk also highlighted the role of balanced fiscal policies in stimulating economic activity while ensuring financial stability. He stressed that the private sector must be at the forefront of creating jobs and driving growth.

The ministers agreed that enhancing bilateral trade and investment would help unlock new opportunities for both countries, fostering sustainable development in the region.